Almost nobody doubts that the federal government wastes a lot of money. Every day we hear stories of fraud, mismanagement, and misplaced priorities that cost taxpayers millions, and sometimes billions, of dollars.
But just how much money is wasted? In his annual Festivus report—named after the fictional Seinfeld holiday—Senator Rand Paul tallies up some of the most egregious examples of government waste from the year. The report for 2023 came out on December 22, and as usual, the stories spanned the range from hilarious to deeply disconcerting. In all, Paul identified $900 billion in government waste from 2023.
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