EPA Administrator Lee Zeldin demands return of $20 billion in taxpayer money allegedly mishandled by the Biden administration.
Key Takeaways
- EPA Administrator Lee Zeldin discovered $20 billion in taxpayer funds parked at a financial institution by the Biden administration.
- The funds were part of the Inflation Reduction Act, meant for environmental projects.
- Zeldin demands the return of these funds to the EPA, citing concerns about the allocation process.
- A video surfaced showing a Biden EPA appointee comparing the spending rush to “tossing gold bars off the Titanic.”
- Zeldin plans to involve the EPA’s inspector general and the Justice Department in the investigation.
Unprecedented Financial Maneuver Uncovered
EPA Administrator Lee Zeldin is highlighting what he describes as a $20 billion misallocation of taxpayer funds by the Biden administration. This discovery has sent shockwaves through Washington, raising serious questions about fiscal responsibility and oversight in government spending.
The funds in question were part of the Inflation Reduction Act, earmarked for environmental projects. According to Zeldin, these billions were “parked” at an outside financial institution in an unprecedented move that bypassed normal EPA procedures.
A Rush to Spend Before the Change in Administration
The situation came to light after a video circulated showing a Biden EPA appointee discussing the urgency to spend billions before Inauguration Day. The appointee’s words were particularly alarming, likening the expenditure process to “tossing gold bars off the Titanic,” implying a reckless disbursement with little regard for proper oversight.
This revelation has prompted Zeldin to take swift action, demanding the return of the funds to the EPA and calling for a thorough investigation into the allocation process.
BREAKING: @EPA Advisor Admits ‘Insurance Policy’ Against Trump is Funneling Billions to Climate Organizations, “We’re Throwing Gold Bars off the Titanic”
“It was an insurance policy against Trump winning.”
“Get the money out as fast as possible before they [Trump… pic.twitter.com/eaAihuNvAh
— Project Veritas (@Project_Veritas) December 3, 2024
Concerns Over Fund Distribution
The $20 billion was reportedly awarded to eight entities responsible for distributing it to non-governmental organizations. One such entity, Climate United Fund, received nearly $7 billion to allocate for clean energy projects. This distribution method has raised eyebrows, with Zeldin expressing concerns about potential benefits to former Biden EPA staffers.
“Shockingly, roughly 20 billion of your tax dollars were parked at an outside financial institution by the Biden EPA. This scheme was the first of its kind in EPA history, and it was purposefully designed to obligate all of the money in a rush job with reduced oversight,” Zeldin stated.
Zeldin has been careful to note that there is no suspicion of wrongdoing by the bank holding the funds. His focus is on the decision-making process within the EPA that led to this unusual financial arrangement.
Call for Accountability and Transparency
As part of his initiative, Zeldin plans to refer the issue to the EPA’s inspector general and collaborate with the Justice Department. He has called for the termination of the financial agent agreement and the immediate return of the funds to the EPA.
“The days of irresponsibly shoveling boatloads of cash to far-left activist groups in the name of environmental justice and climate equity are over. The American public deserves a more transparent and accountable government than what transpired these past four years,” Zeldin insisted.
Zeldin’s actions have garnered support from various quarters, including tech entrepreneur Elon Musk, who praised the EPA Administrator for his efforts in saving taxpayer money. As the investigation unfolds, it promises to shed light on the intricacies of government spending and the need for rigorous oversight in the allocation of public funds.
