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During a 76-day period between President Trump's election and President Biden leaving office, the Department of Energy's loan program issued $93 billion in loans and commitments, more than double the amount from the previous 15 years. The loans were sometimes given to entities lacking business plans or financial solvency. The department is now reviewing these loans and grants for theft and incompetence. Some applicants presented half-baked ideas, promising plans after receiving funds. The department's budget increased from $60 billion to $160 billion since fiscal year 2021. The department is reducing its headcount by thousands, which the secretary believes is common-sense business. The secretary credits President Trump for empowering departments to make necessary changes to better serve taxpayers and consumers.

Speaker 0: The seventy six day period is the time between when President Trump was elected and President Biden left office. Is that right? Speaker 1: Correct. During that period, from the loan program office in loans and commitments, $93,000,000,000 went out the door—well over twice as much as in the previous fifteen years. There were funds that went out the door and commitments made from businesses that provided no business plan and no numbers about their own financial solvency or how this project... Speaker 0: So you’re telling me that the Department of Energy, in the seventy six day period, before their boss was going to leave office, gave our loan money to entities that had no business plan? Correct. No financials? Speaker 1: Correct. I’ve come in with great concern about how this institution, Speaker 0: this great American institution has been run and how American taxpayer money has been handled. You’re going back through and checking each one of these loans and these grants to make sure there was no stealing, aren’t you? Speaker 1: We’re looking at that, and yes, my blood pressure is rising right now just thinking about what we have seen and what did happen at the moment. Gonna tell some of these boondoggles no, aren’t you? Speaker 0: That’s correct. I am. It’s rare that I’m speechless, but I want to be sure I understood. The people running the Department of Energy for President Biden’s administration shoveled $93,000,000,000 out the door in seventy six days, and it just happened to be the time between when President Trump was elected and President Biden, their boss, was leaving. Is that right? Speaker 1: It is correct and distasteful. Confidence undermining. My god.

Joe Biden's energy policies are causing high inflation and hitting American families hard. He reversed actions that achieved energy independence and canceled the Keystone XL Pipeline. By reentering the Paris climate accord and blocking new oil, gas, and coal production, he is raising energy costs and hurting industries like food, shipping, and manufacturing. China benefits from these high energy prices, driving our heavy industry overseas. To become an advanced manufacturing nation, we need low-cost energy. Biden's energy agenda aligns with China's, as they sign global climate deals and break them. When I'm back in the White House, I'll bring back a pro-American energy policy, eliminating unnecessary regulations and approving energy projects quickly. This will create jobs, restore hope, and make America great again.

The Loan Program Office supplied a little over $40 billion in its fifteen years. Almost $100 billion was then supplied in the 76 days between the election loss and President Trump's inauguration. The speaker questions why, if these were beneficial ideas, they weren't implemented in the two and a half years after the Inflation Reduction Act. According to the speaker, the previous administration changed terms and loan covenants, attempting to complicate unwinding their actions. The speaker asserts this is not a responsible way to handle taxpayer money or advance the energy system. They state that they inherited a mess, but it is fixable with an aggressive team. They claim American energy prices are down and investments to bring jobs back are up, but acknowledge the need for cleanup.

A year ago, it took an hour of work for a middle wage worker to get 5.5 gallons of gas, but now they can get 8 gallons. This is a 40% improvement. However, the current gas price is around $3.60 per gallon, compared to $2.39 when Biden took office. So, in less than 2 years, we are in a worse place. The speaker admits that things are worse than before, indicating a pretty bad situation.

As senior advisor at the United States Agency for Global Media, the speaker is working on behalf of the American people and President Trump's administration. The speaker claims to be horrified by what they are learning about the agency. The Biden administration allegedly signed a 15-year lease for a new building costing taxpayers nearly a quarter of a billion dollars, despite already having a paid-off building that could have been renovated. The new building has fancy conference rooms, bridges to nowhere, waterfalls, Italian marble, and leather furnishings. The speaker also alleges that contracts were changed just before the new administration arrived to make it less transparent to track where money is going. The speaker says they are working to cancel contracts, save money, downsize, and prevent misuse of taxpayer dollars.

The speaker denies coordinating with President Trump or his campaign while authoring the EPA chapter on Project 2025, stating it's misleading to suggest otherwise. They assert the Heritage Foundation's work on conservative policies predates Trump, with the "Mandate for Leadership" series existing since 1981. The speaker claims Vice President Kamala Harris avoided answering if Americans are better off economically than four years ago, arguing most Americans are struggling due to the Biden-Harris administration's energy policies. They cite rising costs of gas, electricity, and groceries as evidence of financial hardship caused by policies like restricting resource development and demonizing coal, oil, and natural gas. The speaker references an Institute of Energy Research report that claims over 250 actions by the Biden-Harris administration have hindered American energy production, including halting the Keystone XL Pipeline, limiting oil and gas permits, and impeding critical mineral access, increasing dependence on China. They state these actions have increased gas and electricity prices.

During a 76-day period between President Trump's election and President Biden leaving office, the Department of Energy's loan program office made $93 billion in loans and commitments, more than double the amount from the previous 15 years. The secretary stated that many loans were given to entities lacking business plans or financial solvency information, some even before the 76-day period. The secretary acknowledged the possibility that some applicants lied or presented half-baked ideas to obtain funding. The department is now reviewing loans and grants for theft and incompetence, potentially denying funding to some projects. The department's budget increased significantly since fiscal year 2021. The secretary stated that the department is working to separate credible companies from those with insufficient plans. The department's headcount will be reduced by thousands, a move the secretary described as common sense business. He credited President Trump for empowering departments to make necessary changes to better serve taxpayers.

As EPA administrator, my top priority is to protect your tax dollars. A disturbing video showed a Biden appointee appearing to waste billions before inauguration day. My team discovered roughly $20 billion of your tax dollars parked at an outside financial institution by the previous administration. This unprecedented scheme awarded funds to eight entities responsible for distributing money with reduced transparency; almost $7 billion went to one entity, the Climate United Fund. We have serious questions about fund allocation and potential conflicts of interest. There is no reason to suspect wrongdoing by the bank, but the financial agreement must be terminated immediately, and the funds returned to EPA control. We will review all expenditures and refer the matter to the inspector general and the Justice Department. The days of irresponsible spending on activist groups are over. We are committed to transparency and accountability. We found the funds, and now we will regain control as we pursue next steps.

The speaker states that an historic flood of undocumented immigrants crossed the border during the first three years of the administration, with arrivals quadrupling from the last year of President Trump. The speaker asks if it was a mistake to loosen immigration policies. The other speaker responds that the policies proposed are about fixing a problem, not promoting one. The first speaker reiterates that the numbers quadrupled. The other speaker claims that they have cut the flow of illegal immigration by half, as well as the flow of fentanyl by half, but that Congress needs to act to fix the problem.

The speaker maintains that their administration's work is a success. They cite capping the annual cost of prescription medication for seniors at $2,000, extending the child tax credit (which they claim cut child poverty in America by over 50 percent), investing in the American people, bringing manufacturing back to the United States (resulting in over 800,000 new manufacturing jobs), bringing business back to America, and improving the supply chain so the US is not reliant on foreign governments to supply American families with their basic needs as examples of good work.

The speaker expresses disbelief that the Department of Energy under the Biden administration disbursed $93 billion in 76 days between President Trump's election and President Biden taking office. The speaker confirms with an interviewee that these funds were given to entities lacking business plans and financials. The speaker characterizes this as "distasteful" and "confidence undermining."

As EPA Administrator, my top priority is to protect your tax dollars from waste and abuse. A disturbing video revealed a Biden EPA appointee discussing the wasteful spending of billions of tax dollars, likening it to throwing "gold bars" (tax dollars) off the Titanic. My team discovered that roughly $20 billion was parked at an outside financial institution by the Biden EPA, a scheme designed to quickly obligate funds with reduced oversight. This money was awarded to just eight entities, who then distributed it to NGOs with less transparency. Almost $7 billion went to one entity, raising questions about fund allocation and potential conflicts of interest. While there's no suspicion of wrongdoing by the bank, the agreement must be terminated, and the funds returned to the EPA. We'll review all expenditures, refer the matter to the inspector general, and work with the Justice Department to ensure accountability.

The speaker acknowledges that the economy was in a bad state when the current president took office. They claim that the previous administration lacked a comprehensive plan and that the current president has taken steps to improve the economy. They mention that gas prices increased due to Putin's war. Another speaker counters these points, stating that most of the jobs created by Biden were actually recovered from the pandemic and that the economy is still far from where it was under Trump. They argue that gas prices rose because of Biden's restrictions on domestic energy production, not because of the Ukraine war. They express skepticism towards the speaker's claims and criticize their credibility.

During a congressional hearing, a senator questioned a secretary about the Department of Energy's spending. The senator highlighted that $93 billion in loans and commitments were issued in the 76-day period between President Trump's election and President Biden leaving office, more than double the amount from the previous 15 years. The secretary admitted that due diligence was likely not done in many cases, with funds going to entities lacking business plans or financial solvency. The secretary stated that they are reviewing loans and grants to check for stealing and incompetence. The senator expressed concern over potential "boondoggles" and hoped for referrals of "thieves" to the Department of Justice. The secretary also confirmed a planned reduction of several thousand employees, crediting President Trump for empowering departments to make necessary changes.

During a 76-day period, between President Trump's election and President Biden leaving office, the Department of Energy's loan program office made $93 billion in loans and commitments. The secretary stated that many loans were given to entities lacking business plans or financial solvency information. Some plans were half-baked, with promises to develop later. The department is reviewing loans and grants for theft and incompetence. The secretary acknowledged the budget increased from $60 billion to $160 billion since fiscal year 2021. He stated that some companies are credible, but the department is separating "the wheat from the chaff." The department's headcount will be reduced by thousands, which the secretary considers common sense. He credited President Trump for empowering departments to make necessary changes to better serve taxpayers.

Ranking member Raskin is creating a "boogeyman" that isn't there. The speaker authored the EPA chapter on project 2020 5, but did not work with President Trump or his campaign. The speaker is not vying for a position in the next administration and now lives in Mississippi. The leading candidate is running away from policy actions that make Americans' lives difficult. Vice President Kamala Harris did not answer when asked if Americans are better off than they were 4 years ago. Most Americans are struggling with expensive gas, electricity, and groceries due to the Biden-Harris Administration's day 1 energy policies. Since January 2021, President Biden, Vice President Kamala Harris, and Congressional Democrats have taken over 250 actions that make it harder to produce energy in America. Actions include stopping the Keystone XL Pipeline, issuing a moratorium on new oil and gas permits on federal lands, greenlighting Putin's Nord Stream 2 pipeline, rejoining the Paris climate agreement, blocking the Twin Metals mine, and slowing permits for LNG facilities.

During the 76-day period between President Trump's election and President Biden leaving office, the Department of Energy's loan program office issued $93 billion in loans and commitments. This sum is reportedly over twice the amount disbursed in the previous fifteen years. These funds and commitments were allegedly given to businesses lacking business plans or proof of financial solvency. The Department of Energy purportedly gave taxpayer money to entities with no business plan or financials during this period. An investigation is underway to check each loan and grant for potential theft. The claim is that $93 billion was distributed in those 76 days.

The speaker claims the previous administration allowed unrestricted entry, issued work permits and green cards, and enabled immigrants to obtain Commercial Driver's Licenses (CDLs), thus competing with American drivers. The speaker asserts that the prior administration was "the problem." The speaker states that they must now analyze data to reverse these policies and establish regulations that prioritize American drivers over international drivers.

As EPA Administrator, I'm committed to fiscal responsibility and transparency. A disturbing video revealed a Biden appointee discussing the wasteful spending of tax dollars. My team discovered that the Biden EPA parked roughly $20 billion of your tax dollars at an outside financial institution, a scheme designed to rush the money out with reduced oversight, awarding it to just eight entities responsible for distribution to NGOs with less transparency. Nearly $7 billion went to one entity, raising questions about fund allocation and potential conflicts of interest. While there's no suspicion of wrongdoing by the bank, the financial agent agreement must be terminated, and the funds returned to EPA control. We will review all expenditures, referring the matter to the Inspector General and working with the Justice Department. The days of irresponsible spending are over; we're ushering in an era of accountability and transparency.

During the 76-day period between President Trump's election and President Biden leaving office, the Department of Energy's loan program office issued $93 billion in loans and commitments. This sum is reportedly more than double the amount disbursed in the preceding 15 years. These funds and commitments were allegedly given to businesses lacking business plans or proof of financial solvency. The Department of Energy purportedly gave taxpayer money to entities with no business plan or financials during this period. There are concerns about how the institution was run and how taxpayer money was handled. Each loan and grant is being reviewed to ensure there was no stealing. The Department of Energy under President Biden's administration allegedly shoveled $93 billion out the door in 76 days, between President Trump's election and President Biden leaving.

The President mentioned that inflation was high when he took office, but it was actually 1.4% in January 2021. The pandemic and supply chain disruptions caused inflation to rise globally. The situation worsened due to Russia's war in Ukraine. The President took action to address supply chain issues, like releasing oil reserves. Progress has been made in lowering costs and managing inflation since then.

The economy was in a tailspin when this administration took over due to the mishandling of COVID by the previous administration. President Biden passed the American Rescue Plan, which helped small businesses and schools reopen. We understand that it will take time for Americans to feel the effects, but we have seen the economy improving. We had to fix the problems left by the last administration.

The speaker expresses disbelief that the Department of Energy allegedly spent $93 billion in the 76 days between President Trump's election and President Biden taking office. They clarify that the funds were disbursed as loans to entities lacking business plans or financial records. The speaker characterizes this as "distasteful" and "confidence undermining."