By the time of the second gulf war, the F-14D cost 20% more per unit than the F-18E, and some 80-100% more to maintain. I'm not sure how you're concluding that the taxpayers were ripped off by that.
Also, didn't we have airbases in Saudi Arabia and Kuwait? Why were we relying on carrier aircraft for bombing Bagdad when we could have been using F-15s and F-16s?