Unleash Prosperity Hotline – Weekend Edition
Issue #1151
11/22/2024 – 11/24/2024

We find this headline about Commerce Secretary Gina Raimondo’s mad dash to spend every last dollar she can get her hands on before she’s booted out of office in January infuriating:

They’re so eager to shovel money out to their cronies that they are even working on a weekend – something that is unheard of in government!

 

Raimondo told Politico: “I’d like to have really almost all of the money obligated by the time we leave.” She’s referring to the $50 billion corporate welfare provisions for the microchip industry tucked inside Biden’s budget-busting bills.

Has anyone informed Ms. Raimondo that the federal government is $36.5 trillion in debt? She reminds us of the kind of person who takes the bars of soap and shampoo bottles from her hotel rooms when she checks out.

We hope the first thing Elon Musk does to reduce waste in Washington is claw back as much of this money as he can.