Sen. Rand Paul on Friday released his annual federal spending audit in which the Kentucky Republican found what he considers about $500 billion in wasted taxpayer resources – from billions on COVID-19 relief funds to ineligible recipients to a $118,000 study on the Marvel movie villain Thanos.
Paul’s 2022 Festivus Report – inspired by the send-up Festivus holiday on the “Seinfeld” sitcom – finds “a whopping $482,276,543,907″ worth of federal waste, according to Fox News.
Paul takes particular aim at the $3.5 trillion Inflation Reduction Act that the Democrat-controlled Congress recently passed.
“Who’s to blame?” asks Paul, who further argues the bill “ultimately does nothing to truly combat rising inflation rates.”
[One correction: the IRA cost around $500 billion, as passed, which is awful enough. The $3.5 trillion price tag was on one version of the Build Back Better proposal from last year, which Republicans along with Joe Manchin and Kyrsten Sinema thankfully tubed. — Ed]
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