Keyword: wastefulspending
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Now you know why Trump is so eager to cut wasteful spending! The real mystery is why Democrats and RINOs are so determined to continue wasteful spending and not cut taxes. Trump inherited a fiscal disaster from Biden and Congress. Not to mention The Federal Reserve. Credit default swaps (CDS) for the USA are near Greece (and China) levels. ... Since Covid struck in 2020, US debt is up a staggering 56% ... And M2 Money is up 40% since Covid.
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U.S. Secretary of State Marco Rubio signed an order on Saturday that will expedite the shipment of $4 billion in military aid to Israel — a direct and deliberate contrast to President Joe Biden’s policy of withholding some arms. In a press statement, Rubio said:
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Elon Musk has revealed what could be the largest financial scandal in American history. Musk has exposed the Treasury Department’s lax oversight, revealing that over $100 billion annually is being funneled to individuals without traceable Social Security Numbers (SSNs) or identification numbers. Even more alarming, Musk shared that Treasury staffers estimate at least half of these payments—approximately $50 billion per year or $1 billion per week—to be unequivocally fraudulent.
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I asked Grok to analyze and list potential excessive, concerning, or wasteful spending in the latest 1,547-page spending bill that is currently being fast-tracked. Here are the results 👇 🧵Pages 1-100 ......
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Ex-US President Donald Trump promised to put an end to "never-ending" multi-billion payments to Ukraine in case he wins the presidential election in November. "I think [Ukrainian President Vladimir Zelensky is maybe the greatest salesman of any politician that's ever lived," Trump said when speaking before his supporters in Detroit. "Every time he comes to our country, he walks away with $60 billion," TASS quoted him as saying. "And he gets home and he announces that he needs another $60 billion. It never ends. It never ends. I will have that settled," he added. Trump repeatedly stated earlier that he...
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Sen. Rand Paul has directed a stern warning at former President Trump, cautioning that his continued backing of Speaker Johnson could alienate a significant portion of his base. “If Trump supports this monstrous, unpaid for foreign aid debt buster, he will lose the very supporters who comprise his vanguard. Mark my words,” Sen. Rand Paul warned.
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House Speaker Mike Johnson on Wednesday morning shut down the Senate’s foreign aid bill and blasted Joe Biden in a fiery press conference. Last week Republican Senators voted against advancing a compromised ‘border security bill’ that would have allocated more money to foreign countries while largely ignoring the US border. The Senate’s $118.28 billion national security supplemental package allocated $60 billion in military aid to Ukraine. Only $20.23 billion was allocated to secure the US border amid an unprecedented invasion of military-age males from Africa, the Middle East, Latin America, and China. After this bill failed to pass the Senate...
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Senator Rand Paul has blocked a fast-track senate vote on the additional $40 billion funding package created by Joe Biden and House Democrats. Both Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell approved a fast-track vote; however, senator Rand Paul (KY) stood defiant against their effort. Despite the high-profile pressure from the two Senate leaders, Rand Paul refused to move and that means the Senate will have to take procedural steps to overcome his objection, which could take several days. “My oath of office is the US constitution not to any foreign nation and no matter how...
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Jack Posobiec 🇺🇸 @JackPosobiec BREAKING: Biden requests $33 Billion more from Congress for weapons shipments to Ukraine 10:14 AM · Apr 28, 2022
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If we didn’t have broken promises, we’d hardly have any promises at all when it comes to the F-35! Broken promises are a hallmark of the F-35 program resulting in a high cost to the taxpayer. The program is projected to cost more than $1 trillion to the taxpayer using tax dollars or the taxpayers' credit card depending on accounting. Either way, the F-35 costs $33,000 per hour to fly, yet the contractor’s promise to get that number down to $25,000 per hour is supposed to make us feel better. The whole F-35 project feels similar to a trip to...
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Published on May 28, 2021 On the Senate floor this morning, Sen. Rand Paul (R-KY) listed a series of "wasteful" studies and government programs in a speech against further debt spending.
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For a while last week, Congressman Thomas Massie (R-KY) was the most hated man on Capitol Hill. His sin? He tried to prevent a “voice vote” whereby none of his colleagues would have gone on the record. He wanted his fellow members of Congress to have to formally cast their votes for or against the $2.2 trillion Coronavirus stimulus bill, which is the largest spending bill in history. Politicians complained that his “stunt” would delay the bill and put the health of members of Congress in danger. The bill wasn’t delayed by holding the vote. Massie had warned his colleagues...
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Federal agencies spent $100 billion on “use-it-or-lose-it” spending in September, a practice that occurs every year, according to Washington-D.C.-based nonprofit OpentheBooks.com. Instead of returning unused taxpayer funds to the Treasury Department, “savvy bureaucrats know that if they don’t use up the rest of their allotted budget, they may not receive the same bloated funding the following year,” OpentheBooks.com argues. Federal spending in fiscal year 2018 equated to a 16-percent increase from fiscal year 2017, and a 39-percent increase from fiscal year 2015, ... On average, the federal government spent $3.2 billion per day on contracts throughout the month of September,...
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Our federal government suffers from lack of focus trying to do too many things while doing too many poorly. This behemoth allows for huge waste that gets buried in the apathy bred by the very definition of what happens when you are spending OPM (other people’s money). The GAO (Government Accountability Office) recently released a report about administrative leave in the Department of Homeland Security (DHS) that boggles the mind. Though the Washington Post covered the story, my inner soul told me as staggering as their report was they still were probably doing an inadequate job. Thus, I dug in...
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As the tax deadline approaches it's once again time to consider how the federal government wastes our money. Remember the spending caps that were supposed to keep Congress from overspending? Gone with the wind. How about the promise Republicans made about no more earmarks on spending bills? It disappeared almost as fast as a gold coin in a magician's hands. Of course, they are not calling these new and improved earmarks earmarks. They call them something else, so they can claim they are keeping their promise. Is it any wonder this political season is characterized by voter anger? Just in...
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All in favor of more separation between sports and state, raise your beer koozies and stop millions of dollars from being wasted on bad coaches and old stadiums. I love sports and so do you. But itÂ’s not right that you and I donÂ’t have a strong say in how our politicians play ball with our money when it comes to renovating Stone Age stadiums or retiring awful athletic directors. IÂ’m calling foul on plays like a Texas judgeÂ’s plot to renovate the Astrodome despite strong voter opposition. And IÂ’m hitting the buzzer on schemes like asking taxpayers to subsidize...
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The long-running debacle over the Eisenhower Memorial in Washington, D.C., is a textbook case of corruption. A great deal of money sloshes around without any accountability, pocketed by those with connections and without scruples, in the name of doing good. It's a sucker's game, at which taxpayers always lose. The Eisenhower Memorial travesty is more offensive than the usual palm greasing, because the greatness of an American hero is being lost. "You like Ike. I like Ike. Everybody likes Ike for president." So ran the campaign ditty from 1952. It was pretty well true. The former 5-star general won 39...
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Despite all the hoopla from the Administration and its media shills about how wonderful it is that a certain, arbitrary number of American citizens have “signed up” for ObamaCare by particular benchmark dates, the fact remains this federal law is rotten from start to finish. It remains one of those rare pieces of legislation that contains on balance not one positive provision; not a single worthwhile crossed “t” or dotted “i.” Still, we taxpayers continue to pay billions for ObamaCare’s implementation, even as it forces millions of citizens into healthcare plans that do not meet their needs and into relationships...
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Our Demander-in-Chief has once again put together a budget so mind boggling stupid, so bereft of credibility that it will spontaneously abort somewhere between the White House and the desk of Senator Harry Reid (D-Who Me?). You can think of Obama’s newest budget as the “legitimate rape” of America. All you really need to know about the budget is this headline from the Washington Post’s Wonk Blog: “Obama budget seeks new spending, new taxes to boost economy, tame debt”. Ha, ha, ha. Stop me if you heard that one before. If we gave the government a buck for every time...
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This week, President Barack Obama proposed "a budget that will create new jobs in manufacturing and energy and innovation and infrastructure, and we'll pay for every dime of it by cutting unnecessary spending, closing wasteful tax loopholes!" What? I must have fallen asleep and woken up in 2008. That could not be something he'd claim after five years in office -- years after making similar claims and not delivering on them. Does he think we have no memory, or that we're just ignorant? Are these just poll-tested phrases that work because most voters are too busy to pay attention?...
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