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The speaker discusses the new Department of Government Efficiency, potentially led by Elon Musk. They investigated four instances of wasteful spending that Donald Trump mentioned. $22 billion from Health and Human Services went to housing and transportation for documented migrants. $60 million went to indigenous peoples and Afro-Colombian empowerment in Central America via USAID, with unclear results. $32 million went to the Republic of Moldova for a left-wing propaganda operation, also via USAID. $42 million went to Johns Hopkins University for behavior change in Uganda, funded by USAID. Trump claimed $25 billion in waste. A Rasmussen poll shows that 59% of Americans support auditing Social Security, and 61% believe an audit would reveal widespread fraud. 55% are confident they'll receive promised Social Security benefits. 43% trust Democrats more to handle Social Security, while 44% trust Republicans. The speaker questions whether Democrats will watch spending.

I was concerned by a video of an EPA political appointee talking about tossing gold bars off the Titanic to distribute billions of dollars before inauguration day. The appointee mentioned getting money out fast before the new administration came in, referencing "gold bars" going to nonprofits, states, and tribes. I don't know what grants they were referencing, but they mentioned tossing gold bars off the Titanic to get jobs from recipient NGOs. They claimed to have given out tens of billions of dollars last year, including $50 million, or maybe $50 billion, for a Climate Bank, suggesting they could then go work for one of these organizations. I don't know what any of that's about, but it's concerning. I want to be a good steward of tax dollars.

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.

The IRS collected $520 million from wealthy taxpayers with $80 billion in new funding. The speaker criticizes this, saying it's an economic disaster to give $80 billion to only collect $520 million. They express disbelief at the situation.

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.

As EPA Administrator, my top priority is to protect your tax dollars from waste and abuse. A disturbing video revealed a Biden EPA appointee seemingly wasting billions of dollars, which prompted my commitment to a full accounting. My team discovered roughly $20 billion of your tax dollars parked at an outside financial institution by the Biden EPA in an unprecedented scheme designed to rush funds with reduced oversight. This money was awarded to just eight entities, including nearly $7 billion to the Climate United Fund, raising questions about allocation decisions, recipients, and potential conflicts of interest. I want to be clear, there is zero reason to suspect any wrongdoing by the bank. The financial agent agreement with the bank needs to be instantly terminated, and the bank must immediately return all of the funds. EPA will reassume responsibility for all funds, review every expenditure, and refer the matter to the inspector general and Justice Department. The days of irresponsible spending on far-left activist groups are over. We will ensure a more transparent and accountable government.

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.

This is a green slush fund. The Biden administration parked $20 billion in an outside bank, giving it to eight NGOs, many created just to get this money. The EPA entered into an agreement with these entities, designed to tie the government's hands, so we don't know where the money is going. Only about 5% actually goes towards the environment. One CEO, serving on the White House Environmental Justice Council, received $20 million. Account control agreements were amended to reduce EPA oversight. The Justice Department and FBI are working with us, and we must ensure accountability. There should be zero tolerance for wasted money.

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 raises concerns about $50 million in taxpayer money granted to the Climate Justice Alliance by the EPA. They criticize the organization's radical initiatives, including defunding the police and military, and anti-American and anti-Israel sentiments. The speaker questions if the funds will truly be used for environmental purposes or for protests. They express disappointment in the lack of oversight by the EPA and the Biden administration. The speaker plans to investigate further in the environment and public works committee.

Speaker 0: Just recent report, it's not proven, but the surveillance enough suggests 300,000 people have already died from just this cut off, this hard cut of USAID. So there's food rotting in boats, in warehouses. There is this this this will fuck you off. This will not you will not be happy. No American will. But there is, I think it's 50,000 tons of food that are stored in Djibouti, South Africa, Dubai, and wait for it, Houston, Texas. And that is rotting rather than going to Gaza, rather than going to Sudan because the people who know the codes are for the warehouse, the the the are fired. They're gone. And so this I don't know. I just it's and what do you think? What what what is what is that? That's that's now America, is it? Speaker 1: Well, they're throwing the baby out with the bathwater. Speaker 0: Right. Speaker 1: Right? This is the problem. The problem is, for sure, there have been a lot of organizations that do tremendous good all throughout the world. Also, for sure, it was a money laundering operation. For sure, there was no oversight. For sure, billions of dollars are missing. In fact, trillions that are unaccounted for, that were sent off into various they they they don't even know where because there's no receipts. The way Elon Musk described it, he said if any of this was done by a public company, the company would be delisted and the executives would be imprisoned. But in The United States, this is standard. When Biden left office, when it was clear that Trump won in the seventy three days, they spent $93,000,000,000 from the Department of Energy on just radical loans, just throwing money into places. Right. And there's no no oversight, no receipts. Like, the the whole thing is it's there's a lot of fraud, a lot of money laundering.

Hunter Biden claims he's broke and can't afford a laptop lawsuit, despite his education and experience. This raises questions about where the Biden's money comes from, especially after leaving government. The government should work for the people, not enrich politicians and their friends. Past administrations pledged to cut wasteful spending, but the Biden administration's Inflation Reduction Act became a vehicle for enriching political allies through green initiatives. Organizations with ties to Biden and Obama received substantial grants, and individuals with connections to the administration landed lucrative positions. Government-funded NGOs enable practices that would be illegal if done directly by the government. These nonprofits are used to enrich individuals. Instead of directly supporting solar and wind companies, money is funneled to political allies. A solar panel company that received a $3 billion loan from Biden is on the verge of bankruptcy. It's time to prosecute corruption and get taxpayers a refund.

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.

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.

As EPA Administrator, my top priority is to protect your tax dollars. A disturbing video revealed a Biden EPA appointee discussing wasting billions of tax dollars. My team discovered that roughly $20 billion was parked at an outside financial institution, a first in EPA history, designed to rush obligations with reduced oversight. This money was awarded to only eight entities, including nearly $7 billion to the Climate United Fund, raising questions about fund allocation and potential conflicts of interest. There is no reason to suspect any wrongdoing by the bank. I am ordering the financial agent agreement with the bank to be terminated, and the bank must immediately return all funds to the EPA. We will review every expenditure, refer the matter to the Inspector General, and work with the Justice Department. The days of irresponsible spending on activist groups are over. We will ensure a transparent and accountable government.

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 Loan Program Office supplied a little over $40 billion in its fifteen years, then almost $100 billion in the 76 days between the election loss and President Trump's inauguration. The speaker questions why these actions weren't taken in the two and a half years after the Inflation Reduction Act passed. According to the speaker, the previous administration changed terms and loan covenants, attempting to complicate any unwinding of their actions. The speaker characterizes this as irresponsible treatment of taxpayer money and detrimental to energy system progress. The speaker states that while they inherited a mess, it is fixable. They claim their team is aggressively addressing the issues, resulting in lower American energy prices and increased investments bringing jobs back to America.

All the other side wants to talk about is Elon Musk, but where were they when Fauci was forcing vaccine and mask mandates? Or when Mayorkas was letting illegal aliens invade our country? Or when Cardona was targeting those who disagreed with his transgender ideology? Or when Gensler was blocking financial market growth? They didn't care because it benefited them. Musk is an employee of the President, and we have a mandate to do what he's doing. His job is to carry out the will of the people. The Democrats have grown and weaponized the administrative state, and people are fed up. We're talking about $2.7 trillion in improper payments since 2003, possibly the biggest money laundering scandal ever, and the other side doesn't care. Is it because this money funds their side? It funds media outlets that cover for them, left-wing NGOs, and transgender activism. This money, taken from Americans, is being used against them.

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.

In April 2024, the Biden-Harris administration, through the EPA, allocated $7 billion to the United Climate Fund, part of a larger $20 billion Greenhouse Gas Reduction Fund hidden within the Inflation Reduction Act. This money was funneled to Power Forward Communities, connected to Stacey Abrams, lacking transparency and accountability. An EPA official revealed this as an "insurance policy" against Trump winning the election, indicating a rushed cash dump. The $20 billion was stashed at Citibank but is now being reclaimed by the government. This isn't incompetence; it's calculated theft.

There are no Doge cuts, and this is not USAID. The speaker is talking about waste and fraud, specifically in Medicaid, and claims no one has been turned over to the DOJ for fraud. Elon Musk gave false hope to a political class that doesn't want to cut anything. The big bill has problems, but it passed because Musk promised a trillion dollars. The rescission next week is $9 billion, with $2 billion from PBS and NPR. There's supposedly $7 billion in fraud on a $7 trillion budget. Musk committed $1 trillion to the President, leading to questions about whether it's all "BS."

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."