Biden’s “Wasteful Spending” Tally Released – Rand Paul’s “Festivus Report” Shows Joe’s White House Blew Over $52B
Government waste is exactly that . . . money thrown away . . . Welcome to Biden's America . . .
By Ben Dutka | December 23, 2021
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Government spending has been in the spotlight for the past few years, as the pandemic caused Big Brother to shell out trillions in aid. Much of that has come into question in 2021, however.
On top of that, President Joe Biden and Democrat leaders have been pushing a pricey infrastructure spending package, which hasn’t been passed due to concerns over the real cost of the legislation.
And now, a new report reveals the Biden administration’s “wasteful spending” total for 2021.
Sen. Rand Paul (R-KY) released what he dubbed the “Festivus Report,” which is designed to show America how much money Washington has wasted throughout the year.
The costs have been significant, and Sen. Paul broke it down into several different categories, including pandemic expenditures, Afghanistan, and “miscellaneous spending.”
The total is probably more than expected, and it makes that proposed spending package even more difficult to swallow. It currently sits at a cost of $1.7 trillion, though critics say the true cost is much higher.
As for the Festivus Report, there are all sorts of negative highlights, many of which will irritate American taxpayers.
Given skyrocketing inflation and the rising cost of living throughout the country, this isn’t going to do the Biden administration any favors. And it might come back to haunt Democrats, too.
Via The Daily Caller:
Republican Kentucky Sen. Rand Paul issued Wednesday his ‘Festivus Report,’ uncovering over $52 billion in government waste.
Sen. Paul is chairman of the Senate Governmental Affairs Committee’s Subcommittee on Emerging Threats and Spending Oversight, so he’s uniquely positioned to provide this report.
A few of the more concerning statistics are as follows:
$4.29 billion in loans given to those who didn’t qualify under the Paycheck Protection Program (PPP), and $36 billion in “improperly paid” unemployment insurance. That’s over $40 billion alone.
Then there’s the fact that the U.S. Department of Defense (DOD) allowed foreign countries to use American aircraft free of charge, which in turn cost us $773 million.
There are several other items that will raise eyebrows as well — not because of the cost, necessarily, but because of what we paid for.
For example, we spent $11.3 million on instructing the people of Vietnam “to stop burning their trash,” and $465,339 doled out in research grants that investigated “pigeons gambling habits” to help understand human gambling addiction.
The report concludes:
No matter how much money’s already been wasted, politicians keep demanding even more.
Again, with the country in the grip of leaping inflation and many concerned about their financial futures, this information is only going to fan the flames in Washington.
Lots of American taxpayers blame the Biden administration for draining their wallets, and further accuse Democrats of wanting to drain even more thanks to gigantic spending legislation.
All this could lead to some big changes in 2022 and beyond, starting with the midterm elections.
Key Takeaways:
Sen. Rand Paul released his “Festivus Report,” which details “wasteful spending” by Biden’s administration in 2021.
The total number topped $52 billion, and this includes billions lost in unemployment insurance fraud and unwarranted PPP loans.
With skyrocketing inflation and cost of living, along with the $1.7T Democrat spending package, Americans have lots of questions.
Source: The Daily Caller
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Ben Dutka
Ben S. Dutka is a journalist, writer and editor with over two decades of experience. He has worked with three newspapers and eight online publications, and he has also won a Connecticut short story contest entitled Art as Muse, Imaginary Realms. He has a penchant for writing, rowing, reading, video games, and Objectivism.
Ineptocracy
A system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.