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Senator Rand Paul reveals how $482 billion of your money was wasted in 2022: Your blood is going to boil: almost half a trillion dollars just on interest because Congress won't stop spending
American Thinker ^ | 12/27/2022 | Rajan Laad

Posted on 12/27/2022 7:28:38 AM PST by SeekAndFind

Recently, Sen. Rand Paul released his “Festivus” report that detailed wasteful government spending.

This is an annual tradition meant to be an eye-opener to citizens. This is Paul’s 8th report.

Good morning everyone and welcome to everyone’s favorite holiday - #Festivus! pic.twitter.com/g8xM8QER9y — Rand Paul (@RandPaul) December 23, 2022

Festivus was popularized by “Seinfeld” and is celebrated on December 23. It was created by author Daniel O’Keefe. O’Keefe's son, Dan O’Keefe co-wrote the Seinfeld episode “The Strike” which referred to Festivus.

One of the traditions of Festivus is the “airing of grievances,” i.e. complaining about the disappointments of the year which is supposed to offer a cathartic experience.

Let's do this. https://t.co/Lx4O5hlm6a https://t.co/gFxBaOrKZ8 — Seinfeld (@SeinfeldTV) December 23, 2022

Back to Senator Rand Paul’s report which highlights the wastage of $482,276,543,907 of your money by your government.

These are key items of expenditure, or wastage to be more precise.

We begin a reminder of how deep a ditch D.C. is digging for the nation:

The government spent money to assist individuals to commit crimes:

The following was spent on rodents, puppies, parrots, and ants:


(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: congress; debt; randpaul; spending; waste
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I neeed to add:


1 posted on 12/27/2022 7:28:38 AM PST by SeekAndFind
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To: SeekAndFind

The following was spent on foreign nations:

The following was how COVID-19 relief money was misused:

The following was merely wasted:

BUT WAIT, THERE's MORE IN THAT 4,000 PAGE MONSTROSITY !
2 posted on 12/27/2022 7:30:10 AM PST by SeekAndFind
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To: SeekAndFind

I shake my head, but we are powerless. Oh, right, we can vote for the likes of Mitch McConnell, that’ll fix it.


3 posted on 12/27/2022 7:31:34 AM PST by brownsfan (It's going to take real, serious, hard times to wake the American public.)
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To: SeekAndFind

…and ALL those DONATIONS - right back to the very politicians who spread OUR tax dollars around.

Our government has been turned into one big money laundering organization.


4 posted on 12/27/2022 7:33:34 AM PST by joethedrummer (We can't vote our way out of this, folks..)
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To: SeekAndFind

As long as the McRomBushes remain in office Rand Paul is wasting his and our time pointing anything out!


5 posted on 12/27/2022 7:34:20 AM PST by 100%FEDUP
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To: SeekAndFind

This goes on year after year. And yet, nothing ever changes.


6 posted on 12/27/2022 7:35:15 AM PST by crusty old prospector
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To: joethedrummer
Our government has been turned into one big money laundering organization.

Any wonder why term limits will never happen.

7 posted on 12/27/2022 7:35:38 AM PST by 1Old Pro
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To: SeekAndFind

I had to take two 81mg Ecotrin Aspirin to bring my BP back down. I’m way beyond just PO’d!


8 posted on 12/27/2022 7:36:27 AM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: SeekAndFind

For every 1% rate increase, interest payments increase by ~$300 billion. And 57% of US households paid no federal income tax in 2021.


9 posted on 12/27/2022 7:38:49 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: SeekAndFind

Want the b.ood to boil more?

Illegals, when all the expenses, direct and indirect costs are added up, cost almost a trillion dollars per year. (If anyone is Interested, the article and link are in my profile page), not to mention all the crimes they committed.

Our nation. Throws trillions away every single year. We could have a truly great nation IF the money was spent improv8ng the nation instead of destroying it and keeping illegals here siphoning off our wealth.


10 posted on 12/27/2022 7:38:56 AM PST by Bob434 (question)
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To: SeekAndFind

Correct me if I’m wrong, but I don’t think I heard a single politician (R, D or I) except Rand Paul, that ran for office in 2022, that even mentioned cutting spending.

And that is with government spending absolutely, insanely out of control . . .


11 posted on 12/27/2022 7:41:16 AM PST by MCSETots
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To: brownsfan

Japan is now at the point where almost 100% of the budget goes to pay interest on the debt…


12 posted on 12/27/2022 7:42:47 AM PST by aMorePerfectUnion (Fraud vitiates everything. )
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To: SeekAndFind

“...$475 million spent on interest payments on the national debt...”
-
Who gets that money?


13 posted on 12/27/2022 7:43:19 AM PST by Repeal The 17th (Get out of the matrix and get a real life.)
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To: Repeal The 17th
“...$475 million spent on interest payments on the national debt...” - Who gets that money?

The creditors/bill,note,bondholders

14 posted on 12/27/2022 7:44:42 AM PST by 1Old Pro
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To: brownsfan

At some point it will correct itself.


15 posted on 12/27/2022 7:47:16 AM PST by Mmogamer (I refudiate the lamestream media, leftists and their prevaricutions.)
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To: SeekAndFind

How many dollars are actually paid to China and Japan on interest Payments?


16 posted on 12/27/2022 7:51:52 AM PST by silent majority rising
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To: SeekAndFind

This is how most people want it, they keep voting for it and Biden’s approval rating isn’t bad. People are content to be given scraps than go earn prosperity.


17 posted on 12/27/2022 7:52:33 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Repeal The 17th

“...$475 million spent on interest payments on the national debt...”
-
Who gets that money?”

I am holding a boatload of T-Bills, so I get some of it.


18 posted on 12/27/2022 7:54:33 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: SeekAndFind
$3 million for watching hamsters fight on steroids.

They could've recouped 10x that amount if they put it on pay-per-view

But seriously, to whom is that interest paid? /rhetorical

19 posted on 12/27/2022 7:55:16 AM PST by P.O.E. (Pray for America.)
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To: SeekAndFind

We need another Newt Gingrich to shut down the federal government for a while. Jefferson’s philosophy was the government that governs least, governs best. We need to return to that for a while.


20 posted on 12/27/2022 7:55:40 AM PST by Dr. Franklin ("A republic, if you can keep it." )
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