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A new report by Sen. John McCain in his publication series called “America’s Most Wasted” finds that the for the past 16 years, the Navy has spent $706 million on a remote minehunting system that continues to underperform.

“At a time when the defense budget continues to shrink while global threats emerge every day, it is absolutely critical for the Defense Department to stop throwing more taxpayer dollars after bad and start investing in programs that enhance the capability and readiness of our warfighters,” said a statement from McCain, reports Washington Examiner.