“Kennedy DESTROYS Schiff, Dems” – Kennedy Exposes Schiff, Dems Over $93 Billion Wasteful Spending
The $93 Billion Heist: Biden’s DOE Shovels Cash Like “Ditch Water” in 76 Days
The Senate hearing featuring Senator John Kennedy was a moment of stark, necessary confrontation that exposed an act of staggering financial recklessness—if not outright corruption—by the outgoing Biden administration at the Department of Energy (DOE). The jaw-dropping revelation: $93 billion, not million, but $93 billion of taxpayer money, was shoveled out the door in loans and commitments from the DOE’s Loan Program Office in just 76 days.
This tiny, cynical window of time—between the election of President Trump and the final moments before the Biden administration left office—is an indictment of every principle of fiscal sanity and public trust. The sheer scale of the spending, well over twice as much as in the previous 15 years, is a testament to bureaucratic panic and an utter contempt for the American taxpayer.
Recklessness Rewarded: No Plan, No Accountability
Kennedy relentlessly interrogated the absurdity of this last-minute financial frenzy. The core question, piercing in its simplicity, was: “How do you vet and do due diligence on a loan… much less $93 billion, in 76 days?”
The answer, reluctantly confirmed by the witness, was that in many cases, “it wasn’t done.” The DOE was committing colossal amounts of public capital to entities that provided “no business plan, no numbers about their own financial solvency.”
This is not a mistake; it is a deliberate dereliction of duty. The outgoing administration, knowing their time was short, treated the public treasury like “ditch water,” green-lighting deals to “halfbaked” ideas—plans that didn’t have a location, only a promise to “develop one later.” This practice is the epitome of the swamp in action: throwing cash at political priorities and connected entities before the oversight mechanism could change hands.
The current review of these projects by the new administration is necessary, but the damage is done. The initial spending was “distasteful,” “confidence undermining,” and, as Kennedy flatly asserted, “that’s still stealing, isn’t it? And it’s still illegal, isn’t it?”
The Cost of Incompetence: Hypocrisy and Shame
The reckless spending is compounded by the astonishing budgetary expansion under the Biden administration. As Kennedy pointed out, the DOE’s budget went from $60 billion to $160 billion since 2021—a massive, rapid expansion that clearly exceeded the agency’s capacity for responsible oversight, leading directly to the $93 billion blowout.
When discussing the inevitable cancellations of these “boondoggles,” Kennedy captured the essential moral failure of the beneficiaries: “I don’t think they should be upset. I think they should be ashamed.”
The political class must not be allowed to hide behind job creation excuses. Kennedy exposed this pathetic deflection immediately: if someone “steals $50 million and goes and spends the money in their state,” it may stimulate the economy, but “that’s still stealing.” The end result of stimulating the economy does not cleanse the crime of the means.
Senator Kennedy’s brutal, factual takedown was a necessary act of accountability. He confronted a staggering example of reckless political spending that treated taxpayer money as a personal plaything for a rushed agenda. The $93 billion heist in 76 days is not just a warning; it is a clear-eyed demand for the American public to recognize how their government truly functions when the cameras are supposed to be off.