SHOCK: 25% Of COVID Spending Lost To Wasteful Spending Of Tax Dollars

  • President Joe Biden rolled out his proposed budget last week, which included trillions of dollars in new federal spending and tax hikes. A closer look at recent spending, though, shows that the federal government’s wasteful projects have piled up.
  • One of the most costly losses for taxpayers came through pandemic relief unemployment spending, with some estimating that nearly 25% of it was lost to waste and fraud.