The Rising National Debt
A recent report by Rand Paul sheds light on the alarming increase in the national debt, which has reached a staggering $34 trillion. This marks a significant rise from the $30 trillion debt recorded in 2022.
According to Paul, the blame for this crushing level of debt lies with everyone. Members of both parties voted to raise the debt ceiling, allowing the government to borrow an unlimited amount of money until 2024. As a result, Americans are now facing record-high inflation and crippling interest rates.
Questionable Government Spending
Paul’s report exposes various instances of wasteful government spending. Some notable examples include:
- Accepting Barbie doll photos as part of relief funds
- $659 billion for national debt interest
- $33.2 million for transgender monkey research
- $6 million for boosting Egyptian tourism
- Undisclosed cost for USDA’s dog-walking research
These expenditures highlight the reckless allocation of taxpayer funds towards trivial studies and projects.
The report reveals controversial experiments funded by the National Institute of Allergy and Infectious Diseases (NIAID), led by Dr. Fauci. One such experiment involved force-feminizing male rhesus macaques in a Florida lab. Critics argue that monkeys are not susceptible to HIV, making the study seem unnecessary and wasteful.
Estimates for the Future
The Congressional Budget Office predicts a bleak future, with an estimated average addition of $2 trillion to the national debt annually for the next decade. This translates to a staggering $5 billion in debt accumulating every day over the next ten years.
A Call for Fiscal Responsibility
Rand Paul vows to continue his fight against government waste, even during the holiday season. Last year, his report uncovered $482 billion in wasteful spending, ranging from COVID relief funds given to ineligible recipients to a study on whether Marvel movie villain Thanos could snap his fingers while wearing the Infinity Gauntlet.
It remains to be seen if these revelations will inspire meaningful action to address the growing national debt and curb wasteful spending.