October 8, 2007 3:16PM 

# Edwards’ Budget Law 

By [Chris Edwards](https://www.cato.org/people/chris-edwards) 

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More evidence that when the government says a project will cost $1, taxpayers will end up paying $2 or more.

The [Washington Post notes](http://www.washingtonpost.com/wp-dyn/content/article/2007/10/07/AR2007100700965.html) that Congress is considering further funding of a Navy ship program: “The congressional action followed months of delays as costs ballooned. The cost for the initial two ships was estimated at about $220 million each but now appear to cost up to double that.”

More on cost overruns [here](https://www.cato.org/2007/03/08/edwards-2-to-1-budget-law/) and [here](https://www.cato.org/pubs/tbb/tbb-0309-17.pdf).

##### Related Tags 

[General](https://www.cato.org/general), [Tax and Budget Policy](https://www.cato.org/tax-budget-policy), [Department of Defense](https://www.cato.org/department-defense), [Downsizing Government](https://www.cato.org/downsizing-government) 

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