• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Rand Paul’s ‘Festivus Report’ exposes $900B in government squander
Economy

Rand Paul’s ‘Festivus Report’ exposes $900B in government squander

by December 23, 2023
by December 23, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp
Read this article for free!
Plus get unlimited access to thousands of articles, videos and more with your free account!
Please enter a valid email address.
By entering your email, you are agreeing to Fox News Terms of Service and Privacy Policy, which includes our Notice of Financial Incentive. To access the content, check your email and follow the instructions provided.

FIRST ON FOX: Sen. Rand Paul, R-Ky., on Friday released his annual Christmas ‘Festivus’ report for the ninth year in a row, outlining $900 billion in government waste. 

Among notable instances, the National Institutes of Health allocated funds to study Russian cats on treadmills; photos of Barbies were utilized as identification to obtain COVID relief funds; the Department of Defense lost $169 million of outdoor-stored military gear; $6 million went towards tourism in Egypt by the United States Agency for International Development; and the Small Business Administration provided over $200 million to ‘struggling’ music artists such as Post Malone, Chris Brown and Lil Wayne.

Up from $30 trillion in debt in 2022, this year’s debt amounts to $34 trillion, the report also highlights. 

‘Who’s to blame for our crushing level of debt? Everybody,’ Paul wrote in the report. ‘This year, members of both parties in Congress voted to raise the debt ceiling, which empowered the government to borrow an unlimited amount of money until 2024. As Congress spends to reward its favored industries and pet projects, the American taxpayers are forced to pay the price through record–high inflation and crippling interest rates.’

He added: ‘The same big spenders teamed up, yet again, to continue sending Americans’ hard-earned money to foreign countries and funding endless wars, all while ignoring our porous southern border.’

Rand’s report highlighted government spending that included accepting Barbie doll photos to obtain COVID relief funds from a portion of an $800 billion allocation in Paycheck Protection Program funds. Other expenses highlighted were $659 billion for national debt interest, $33.2 million for transgender monkey research, $6 million for boosting Egyptian tourism and an unknown cost for USDA’s dog-walking research in summer. 

‘Researchers found the Labradors’ fur color did not affect their body temperatures after a hot summer’s walk. That’s it. That’s the taxpayerfunded, cutting-edge study,’ Paul wrote. ‘The Agricultural Research Service at the USDA, which funded the study at Southern Illinois University, gets $1.7 billion a year from Congress, but it’s unknown how much the hot dog study cost the taxpayer.’

Under Dr. Fauci’s leadership, the National Institute of Allergy and Infectious Diseases (NIAID) funded a study using $477,121 to force-feminize male rhesus macaques in a Florida lab, the report found. The experiment involved administering female hormones to these male monkeys to investigate potential vulnerabilities to HIV, even though critics argue monkeys are not susceptible to HIV. 

‘The lab worked to make male lab monkeys ‘transgender’ to address ‘social injustices’ suffered by ‘transgender persons’ such as ‘transgender women (TGW)-individuals who were assigned a male sex at birth but express their gender along a female spectrum,” the report read. 

Justin Goodman, Senior Vice President of the White Coat Waste Project, a watchdog group advocating for the suspension of taxpayer-funded animal testing, told Fox News Digital in a statement that ‘a growing majority of taxpayers — Republicans, Democrats, and Independents alike — oppose Uncle Sam’s wasteful, dangerous, and cruel animal experiments at home and abroad and don’t want to be forced to pay billions for these boondoggles.’ 

Paul cited White Coat Waste Project’s findings for the Russian cat lab, Fauci’s monkey island and others throughout the Festivus report. 

Additionally, there were undisclosed expenses for training Department of Homeland Security employees; studying Russian cats on treadmills and meth-head monkeys from a portion of $2.7 million; creating graphic novels on disinformation; and exploring COVID-19 ‘misinformation’ in black and rural communities totaling $3.8 million. 

Costs for ruining military equipment totaled $169 million, while expenses for entertainment and studies involving gambling monkeys, transgender monkeys and improper federal payments accumulated to $236 billion.

The Congressional Budget Office forecasts a staggering increase in national debt, estimating an average addition of $2 trillion annually for the coming decade. This translates to over $5 billion in debt daily over the next 10 years. 

‘As always, taking the path to fiscal responsibility is often a lonely journey, but, as I’ve done in years past, I will continue my fight against government waste this holiday season,’ Paul wrote. 

Last year, Paul’s report broke down $482 billion in wasteful spending, from the billions spent giving COVID relief funds to ineligible people to a $118,000 study on whether Marvel movie villain Thanos would really be able to snap his fingers while wearing the Infinity Gauntlet.

This post appeared first on FOX NEWS
You Might Also Like
  • Bernie Sanders urges people to focus on policy, not age when discussing Biden re-election
  • Wisconsin Gov. Evers signs carjacking, reckless driving crackdowns into law
  • Taxes, Spending, and Powerball Winnings
  • DeSantis to join 2024 Republican competitors at Sen. Ernst’s Roast & Ride fundraiser in Des Moines
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Supreme Court declines to issue expedited ruling on Trump immunity case
next post
U.S. engine maker facing largest Clean Air Act penalty ever over emissions test cheating accusations

You may also like

White House, family offer conflicting accounts if Biden’s health influenced...

July 22, 2024

Suit challenges Arkansas law charging librarians for showing minors ‘harmful’...

June 3, 2023

GOP insiders say Newsom won’t save Democrats in 2024 if...

January 18, 2023

Jim Banks unveils bill to protect adoption rights of parents...

December 7, 2023

Biden-Harris HHS secretary sidesteps backing any limit on late-term abortion

August 21, 2024

Secret Service agent on VP Harris’ detail removed from assignment...

April 25, 2024

California reparations committee calls for ending cash bail, no longer...

May 12, 2023

Legal experts say Jack Smith’s runway to try Trump before...

March 1, 2024

First on Fox: Pompeo’s secret trip to North Korea detailed...

January 17, 2023

Durham to testify at House Judiciary Committee after finding flaws...

June 21, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • The Stock Market’s Comeback: Key Takeaways for Investors

      May 16, 2025
    • Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

      May 16, 2025
    • Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

      May 16, 2025
    • SPY and QQQ Recapture their 200-day SMAs – Tips for Reducing Whipsaws and Improving Performance

      May 16, 2025
    • Applying Dow Theory to Today’s Market: Are We in a Reversal or a New Trend?

      May 16, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,646 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,346 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,329 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,307 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,191 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,084)
    • Investing (538)
    • Stock (2,551)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • The Stock Market’s Comeback: Key Takeaways for Investors

      May 16, 2025
    • Cava revenue beats estimates as Mediterranean chain reports double-digit same-store...

      May 16, 2025
    • Nvidia says it is not sending GPU designs to China...

      May 16, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,084)
    • Investing (538)
    • Stock (2,551)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Israeli strikes in Rafah leaves 31...

    February 11, 2024

    Blackburn cheers Harvard President Gay’s resignation:...

    January 3, 2024

    Hunter Biden set to be deposed...

    June 29, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here