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Congressional panel rips Yanks, NYC over new stadium's financing

Updated: September 18, 2008, 6:51 PM ET
Associated Press

WASHINGTON -- A congressional panel has taken tough swings at the New York Yankees and New York City government over a new stadium for the Yankees. But neither the team nor the city budged from their positions on the $1.3 billion structure.

Rep. Dennis Kucinich said Thursday he found "waste and abuse of public dollars" in the financing of the new stadium under construction in the South Bronx.

Kucinich is an Ohio Democrat who heads a House Oversight and Government Reform subcommittee. ...

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