Congress and federal businesses wasted greater than $1 trillion of taxpayer cash in 2024, based on an evaluation revealed by U.S. Sen. Rand Paul, R-KY, who has lengthy known as for fiscal duty and the tip of waste, fraud and abuse of taxpayer cash.
Losing taxpayer cash and uncontrolled spending has made the nationwide debt worse, he argues, which this yr surpassed $36 trillion.
“People are paying $892 billion in fiscal yr 2024 on Uncle Sam’s bank card,” he mentioned, referring to the curiosity paid on the nationwide debt.
In Paul’s Festivus Report 2024, he says “members of each political events in Congress voted for large spending payments, full of subsidies for underperforming industries, continued army help to Ukraine, and controversial local weather initiatives. As Congress spends to reward its favored pet initiatives, the American taxpayers are compelled to pay via excessive costs and crippling rates of interest.
RELATED: Majority of People Nonetheless Paying Off Credit score Card Debt from Final Christmas
“Members of Congress continued to ship “People’ hard-earned cash to international nations, funding infinite wars, all whereas STILL ignoring our wide-open southern border,” he mentioned.
Highlights of the report embrace the federal authorities spending $10 billion “on sustaining, leasing, and furnishing virtually fully empty buildings,” and greater than $7 million on varied “magical initiatives.”
The U.S. Division of State seems to be a high company waster of taxpayer cash, Paul notes. Highlights embrace the company spending:
- practically $5 million on influencers;
- $3 million on ‘Woman-Centered Local weather Motion’ in Brazil;
- $2.1 million for Paraguayan Border Safety;
- practically $900,000 to the Royal Movie Fee to supply motion pictures in Jordan;
- $500,000 to broaden the U.S. Embassy in Ethiopia’s “#USInvestsInEthiopians social media marketing campaign to a bigger nationwide public relations marketing campaign Bibbidi-Bobbidi-Boo”;
- $345,434 on soccer engagement to counter terrorism,
- $330,000 to censor conservative media;
- greater than $250,000 to Bosnia to combat “misinformation;”
- greater than $123,000 to show Kyrgyzstan youth go viral;
- greater than $108,000 on a non-functioning lodge;
- greater than $32,500 for breakdancing.
Different examples Paul cited as wasteful spending embrace the U.S. Division of the Inside spending $12 million on a Las Vegas pickleball advanced and greater than $720,000 on wetland conservation initiatives for geese in Mexico, based on the report.
Additionally notable within the report was the U.S., Division of Well being and Human Companies awarding a $2 million grant to check kids taking a look at Fb adverts about meals and practically $420,000 on a “Miserable Examine of Lonely, Starved Rats” to find out if lonely rats search cocaine more than pleased rats.
RELATED: Costs Rose Over 20% Beneath Joe Biden’s Administration
The Division of Power spent “$15.5 billion to push People towards electrical autos they don’t need.” The Nationwide Endowment for the Arts spent $365,000 to advertise circuses in metropolis parks, awarded the Bearded Girls Cabaret a $10,000 grant to assist a cabaret present on ice skates targeted on local weather change, and since 2015 has awarded $385,000 for artwork shows on the Excessive Line.
The U.S. Treasury Division granted a failed trucking firm a $700 million pandemic-era mortgage; the Nationwide Science Basis spent practically $290,000 “to make sure fowl watching teams have protected areas.”
The U.S. Division of Agriculture spent $20 million on the Fertilize Proper Initiative to advance fertilizer use in Pakistan, Vietnam, Colombia, and Brazil.
The Company for Worldwide Improvement spent $20 million on “Ahlan Simsim” a brand new Sesame Road present in Iraq; the U.S. Navy is ready to waste virtually $90 billion on ineffective Navy vessels, the report notes.
Syndicated with permission from The Middle Sq..
