Trump said the repairs would cost $1.8 million.
It ended up costing $14 million.
The company doing the repairs got a no-bid contract that baked in a 20% profit margin. The typical federal construction contract profit margin is 6% to 12%.
Where’s the uproar about waste, fraud, and abuse now?
Robert Reich
Algae resurfaces in reflecting pool after multimillion-dollar fixes
The Interior Department said the algae is residual after supply lines sat dormant for weeks.
