NYS Audits of MTA Reveal Wasteful and Costly Practices

MTA audits conducted by the State of New York Comptroller’s office in 2010 indicate that lack of management oversight, ill-conceived policies, sloppy record-keeping and rigid union demands at the MTA Bus Company and New York City Transit are at the core of the MTA’s budget woes.  Employee layoffs and service cuts should be a last resort in restoring profitability to the MTA. (more…)

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Published in: on November 15, 2010 at 4:02 am  Leave a Comment  
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Yucca Mountain Controversy Costing Taxpayers Billions

Lawsuits brought against the Department of Energy (DOE) by nuclear power companies seeking financial compensation for storage costs caused by government delays in accepting their highly radioactive spent fuel for disposal has already cost taxpayers $1.3 billion—and that’s only for the federal government’s current liability for settlements, final judgments and judgments under appeal.  The DOE estimates that potential liabilities for these delays will cost $11 billion through the year 2056.  (more…)

Published in: on November 15, 2010 at 3:28 am  Leave a Comment  
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