[Pages S1333-S1335]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                             National Debt

  Mr. President, as you know, when Vice President Harris and President 
Trump ran against each other for the Presidency, one of the planks in 
President Trump's platform was that he was going to review every penny 
of Federal Government spending.
  Why did he say that? Why did he promise to do that? Well, first, 
there is a moral principle involved. People work hard for their money, 
and when they give it to government, they are entitled to expect 
government to spend it efficiently.
  Number 2, President Trump ran on that plank because of our debt. The 
Federal debt is $36.5 trillion. You know, we throw these numbers 
around--like a trillion, you know--and we start to take them for 
granted.
  To give you a little perspective, this $36.5 trillion grows bigger by 
the second. It is going to increase--if we just keep doing what we have 
been doing, it is going to increase $1 trillion every 100 days. If we 
just keep doing what we have been doing, it is going to increase $10 
billion a day. Today, nothing changed. We added $10 billion in debt. 
That is also $417 million an hour. That is $6.9 million a minute. I 
think I have been talking about a minute; we just added $7 million to 
our debt. That is why the President wants to get rid of spending porn.
  The reaction here in Washington has been breathtaking. I understand 
Washington is not exactly a slice of America. I get that. I understand 
that Washington is not normal. Normal in Washington, DC, is a setting 
on the dryer. So I get all that. We are different in Washington. But 
the pushback to President Trump's effort through Mr. Musk and his team 
to reduce spending has just been extraordinary. I mean, people are 
barking and yelping and shrieking about it. They sound like the game 
room in a mental hospital.
  I get that a lot of people don't like President Trump, and I get that 
many people don't like Mr. Musk. I get that Mr. Musk is different. I 
kind of like that. I mean, I like different. You know, he is the sort 
of guy that would wear--I don't know--he would wear Crocs to a wedding. 
I get that. I find it kind of refreshing. But nobody has ever called 
him a dummy. And he has found an incredible amount of waste and abuse 
of taxpayer money, what I call spending porn.
  I am not going to repeat everything I have repeated or said the first 
time we talked about this, but it just seems to me to be, once again, 
extraordinary that people are mad at President Trump or Mr. Musk for 
the process they are using, but they are not mad about the money being 
wasted.
  I mean, Mr. Musk, whether you like him or not, has found, for 
example, $7.9 million that we spent to teach Sri Lanka journalists to 
avoid binary gendered language. He found money that was given to an NGO 
to empower the LGBT community in Armenia. He found $1.5 million that we 
spent to rebuild the Cuban media ecosystem, $2.1 million to the BBC to 
strengthen the media ecosystem in Libya, and $8.3 million spent for 
equity and inclusion education in Nepal. Does no one care about how the 
money was actually abused and wasted?
  It is not unusual for me to be disappointed for some things I see in 
Washington, and under the last administration, I have to admit, I was 
disappointed just about every single day. I had almost gotten used to 
it.
  But last week--and this is what I want to talk about--I read a story. 
It

[[Page S1334]]

was a story about the abuse of taxpayer money in the last 
administration, and it was so nauseating that it triggered my gag 
reflex.
  In April of 2024--not that long ago--the EPA, under President Biden, 
gave $2 billion in taxpayer money to an organization that had 
absolutely no experience, that was backed by a very prominent 
Democratic politician by the name of Ms. Stacey Abrams.
  Here is what happened: In 2022, as you know, President Biden and my 
Democratic colleagues passed the Inflation Reduction Act. Not a single 
Republican voted for it--not one--either in the House or in the Senate.

  We knew, at the time, that spending $1.2 trillion--that is what the 
Inflation Reduction Act cost--would only make inflation worse, not 
better. And even President Biden eventually admitted that the Inflation 
Reduction Act did absolutely nothing to lower prices. Even President 
Biden, at the end of his term, admitted that.
  So where did all the Inflation Reduction Act money go? A fair 
question for taxpayers to ask. I mean, there is nothing wrong with 
wanting to know what they do with our money.
  Let me say that again. There is nothing wrong with wanting to know 
what they do with our money.
  So where did all the Inflation Reduction Act--this $1.2 trillion--go? 
Well, President Trump and DOGE, the group appointed by President Trump, 
and the EPA under new leadership, under Mr. Lee Zeldin, have begun to 
follow some of that money.
  Now, this is where Ms. Stacey Abrams comes in. I think it is fair to 
say that Ms. Abrams is--I don't know. I would call her controversial. 
She has the right to believe what she believes. This is America, and 
she has the right to free speech. I am not criticizing that, even 
though I disagree with some of what she says. But I think it would be 
fair to describe her as controversial. She is probably best known for 
the fact that she ran for Governor of Georgia twice, and she lost.
  In her career, Ms. Abrams has said the following. I don't want to 
just articulate hyperbole here. I want you to read her words, not mine. 
On April 20, 2024, Ms. Abrams appeared on MSNBC with Rev. Al Sharpton, 
and this is what Ms. Abrams said:

       What we know is that the attack on diversity, equity, and 
     inclusion, DEI, is an attack on democracy.

  On September 20, 2022, during a panel discussion in Atlanta, Ms. 
Abrams said this about a baby's heartbeat--a fetal heartbeat--the 
heartbeat of a baby in a mother's womb. This is what Ms. Abrams said 
about a fetal heartbeat. She said:

       It is a manufactured sound designed to convince people that 
     men have the right to take control of a woman's body.

  Her words, not mine.
  In May of 2022, during a Georgia gubernatorial debate--she is running 
for Governor of Georgia now--Ms. Abrams called Georgia ``the worst 
State in the country to live'' in.
  In October of 2022, during another Georgia gubernatorial debate, Ms. 
Abrams accused the sheriffs--all the sheriffs in Georgia who endorsed 
her opponent, Governor Brian Kemp--of wanting ``to be able to take 
Black people off the streets.''
  In October of 2022, Ms. Abrams appeared on MSNBC. She suggested that 
abortion is the solution to inflation. Here is what she said. She said:

       Let's be clear. Having children is why you're worried about 
     your price for gas. It's why you're concerned about how much 
     food costs.

  Her words, not mine. Let me say again, Ms. Abrams has the right to 
her opinion. This is America. You are not free if you can't express 
yourself. But I do think any fairminded person would have to conclude 
that Ms. Abrams is controversial.
  So in March of 2023, not that long ago, Ms. Abrams went to work for 
an organization, a nonprofit, called Rewiring America. You have 
probably seen that name in the news: Rewiring America.
  Ms. Abrams' title--she went to work for Rewiring America. Her title 
was senior counsel. She was paid for her work for Rewiring America. We 
don't know how much, though there will probably be an investigation to 
find out.
  Now, nonprofits like Rewiring America, Ms. Abrams' group, they have 
to file documents with the IRS, and one of the documents they have to 
file is called Form 990. This form by the IRS asks a number of 
questions about nonprofits. One of the questions the IRS asks is for 
the organization--the nonprofit--to list its accomplishments.
  Rewiring America, Ms. Abrams' group, told the IRS in 2023 on this 
Form 990 that this was Rewiring America's ``startup year for the 
organization,'' and the form goes on to say that the only 
accomplishment Rewiring America listed was that it had ``joined a 
coalition of other national organizations to apply for a grant from the 
Inflation Reduction Act's Greenhouse Gas Reduction Fund.''
  In other words, Ms. Abrams' organization told the IRS that this 
filing was their first-ever tax filing, in 2023; that the organization 
was a startup; and its purpose was exclusively to seek a grant from 
President Biden's Inflation Reduction Act--fair enough.
  So what do we know about this coalition Ms. Abrams' group wanted to 
form? Rewiring America, Ms. Abrams' group, announced on October 12, 
2023, that it was joining Habitat for Humanity, it was joining United 
Way Worldwide, and two other organizations, and these four 
organizations were going to form another nonprofit--a coalition of 
nonprofits--called Power Forward Communities.
  So you have got Power Forward Communities up here. You have got 
Rewiring America and some other organizations down here. And all 
together, they make up Power Forward Communities. And they also 
announced that a gentleman by the name of Tim Mayopoulos, a former 
Obama administration appointee, would lead the coalition.
  Now, as a nonprofit, I told you that Rewiring America had to file 
forms with the IRS. Well, so did this new group Power Forward. It had 
to file Form 990, as well, with the IRS.
  According to its filings, Power Forward had just $100 in total 
revenues in 2023. According to the IRS filing, it didn't list a single 
accomplishment. I have seen Girl Scout troops with more business 
credentials. Yet Power Forward Communities, of which Ms. Abrams' 
Rewiring America was a part, had the audacity to ask the Federal 
Government for a $2 billion grant. For what, you ask? It was supposed 
to be ``to expand access to clean energy by prioritizing housing, 
equity, and resilience.''
  Power Forward Communities said it wanted to take this taxpayer money 
and help people install energy-efficient upgrades to their homes.
  What are we talking about? Heat pumps, getting rid of gas stoves.
  Now, it is good to dream big in America. I am all for that. But under 
any reasonable standard--under any reasonable standard--one is entitled 
to ask how these organizations--Ms. Abrams' Rewiring America and Power 
Forward Communities--brandnew organizations, no business experience, 
$100 in the bank, are qualified to receive $2 billion of taxpayer money 
from the Biden administration.
  Now, that didn't stop the Biden administration from cutting a check, 
though. They took our money and gave Power Forward Communities and 
Rewiring America $2 billion.
  Do you want to know how we ran up $36 billion in debt? That is how.
  Now, the EPA announced in 2024, under President Biden, just 6 months 
after Power Forward was formed--Power Forward was formed, and 6 months 
later President Biden and his team announced they were giving them $2 
billion. And as I said, that is billion with a ``b.''
  Now, look, I try to see the world from other people's bell towers as 
much as I can, but I cannot come up, not for the life of me, with a 
single rational justification as to why the EPA under the Biden 
administration thought it was appropriate to give Power Forward and 
Rewiring America--two brandnew nonprofits with no business experience, 
no accomplishments according to the IRS forms, and only 100 bucks in 
the bank--$2 billion of taxpayer money, especially to the exclusion of 
every other qualified applicant for that money, if there were any other 
qualified applicants. We don't know. I don't know. I don't know if 
there was a competitive bid.
  Now, I do know that the EPA, under President Biden, gave Ms. Abrams' 
group--her two groups--$2 billion cash.

[[Page S1335]]

In the grant approval, President Biden's EPA said that Power Forward 
had to allocate this money to get rid of stoves and to put in heat 
pumps. They had to allocate the money--they had to spend it--in 21 
days.
  Now, that meant that Ms. Abrams' group, Rewiring America, which was 
part of the larger group, likely received or was supposed to receive a 
check for $490 million, about a quarter of the total of $2 billion, by 
the end of May 2024. And the other organizations, within 21 days, 
President Biden directed, were also supposed to receive their share of 
the money.
  But get this: President Biden and his team directed these NGOs to 
distribute $2 billion in 21 days, but the Biden administration also 
told Power Forward, within 90 days, to go take a course. You know what 
the course was? The name of the course was ``How to Develop a 
Budget''--``How to Develop a Budget.''
  So President Biden gave Power Forward 21 days to spend the money but 
said: You have got 90 days to go take a course about how to put 
together a budget.
  And why would anybody in the Milky Way give $2 billion of taxpayer 
money to two organizations that had just been formed that, according to 
the IRS filings, had no accomplishments and one of them only had 100 
bucks in the bank?
  I think I know why. I certainly know what it looks like. I mean, this 
would be comical if it wasn't so odious--$2 billion.
  You know, the last 4 years under the last administration have been 
very difficult for America. The cost of everything has gone up. The 
cost of many things have gone up by 20 percent, and our wages didn't 
keep up. The average electricity bill in America went up 19 percent. 
The average Louisianian, because of President Biden's inflation, had to 
spend an extra $890 a month--extra--for food and clothing and car 
notes, and they didn't get an $890-a-month raise.
  President Biden and my Democratic colleagues told us that the 
Inflation Reduction Act--I remember when it was passed. They said: If 
you spend $1.2 trillion on the Inflation Reduction Act, it will be a 
lifeline to every family in America.
  That is not what it looks like to me. It is starting to look like to 
me that it was really a slush fund--a slush fund for Washington 
insiders.
  Now, I don't want to make accusations that are unfair. I think EPA 
Administrator Zeldin needs to get to the bottom of this. I believe in 
fairness. I believe in due process. Mr. Zeldin has announced that he is 
going to try to claw back as much of this $2 billion and other moneys 
as he can. Again, I think he ought to do it fairly and accord everybody 
due process.
  But you know what, if the shoe fits, wear it, Cinderella. Here is 
what I see. I see two organizations formed in the last year or so of 
President Biden's administration--on their IRS filings, they say: We 
have no experience. We have no accomplishments.
  One of them only has a hundred bucks in the bank. One of them--their 
senior counsel is Ms. Stacey Abrams, a well-known Democratic 
politician.
  I see them asking the President of the United States and his EPA for 
$2 billion cash to fight gas stoves and getting it--and getting it--to 
the exclusion of every other applicant who might have been able to use 
that money.
  Now, this is just the beginning of the type of spending porn that 
President Trump and Mr. Musk are uncovering that people are screaming 
about.
  I am going to repeat what I started with. There is nothing wrong with 
wanting to know what they do and did with our money. That is all 
President Trump and Mr. Musk are doing.