- More than $1.3 billion U.S. tax dollars were sent to Russia and China over the past five years (since 2017), according to a new analysis released today by Senator Joni Ernst (R-Iowa) and OpenTheBooks.com auditors. This amount likely doesn’t reflect the total amount because federal agencies do not follow the trail of tax dollars to their final destination.
- Senator Ernst and Congressman Mike Gallagher (R-Wisc.) are leading the charge to create transparency and accountability for the taxpayer dollars that are being handed out in China and Russia. Today, they are introducing the Tracking Receipts to Adversarial Countries for Knowledge of Spending (TRACKS) Act that would require every penny from a government grant paid to any organization in China and Russia to be tracked and publicly disclosed.
- Senator Ernst and OpenTheBooks determined more than $490 million from U.S. grants and contracts were paid to organizations in China over the past five years and another $870 million were paid to entities in Russia.
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$1.3 Billion In U.S. Tax Dollars Sent to China, Russia Last 5 Years
Russian President Vladimir Putin gestures as he speaks during a cabinet meeting via videoconference at the Novo-Ogaryovo state residence outside Moscow, Russia, Wednesday, April 19, 2023. (Gavriil Grigorov, Sputnik, Kremlin Pool Photo via AP)
