WASHINGTON (AP) 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 charged that city officials misrepresented to the IRS the value of the property, helping them to get special tax deals from the federal government and in effect dumping the cost of construction onto taxpayers.
No one from the either the city or the Yankees spoke at the hearing.
As Kucinich spoke, New York's mayor, Michael Bloomberg, was in a nearby building testifying before a different House committee on global warming.
Earlier this week, Bloomberg defended the deal, calling it "a great project."
A-Rod, wife reach settlement: Yankees star Alex Rodriguez and wife Cynthia have settled their multimillion-dollar divorce case, the New York Daily News reported Thursday.
"Cynthia and Alex Rodriguez have amicably resolved their dissolution of marriage proceedings," the player's lawyer, Alan Kluger, said on the newspaper's Web site.