Pentagon missile defense efforts and the Navy's Littoral Combat Ship are among the most wasteful of federal programs, according to a report released this week by Sen. Tom Coburn (R-OK). Coburn's "Wastebook 2012" identifies more than $18 billion in "egregious" federal spending, highlighting 100 of the year's "countless unnecessary, duplicative and low-priority projects spread throughout the federal government," according to a statement from the senator's office. The report complains at least $1 billion has been wasted because the Missile Defense...
