According to a new report released today by Senator Joni Ernest (R-Iowa), and OpenTheBooks.com audits, more than $1.3 billion in U.S. taxpayer dollars have been sent to Russia and China during the last five years. This figure is likely not the total, as federal agencies don't track the tax dollars all the way to their destination.
Senator Ernst and Representative Mike Gallagher, R-Wisc. They are leading the charge for transparency and accountability of taxpayer dollars being spent in China and Russia. Today, the introduce the
The Tracking Receipts for Adversarial Countries (TRACKS Act) allows the government to know how much money is being spent by a country.
This would require that every penny of a government grant given to an organization in China or Russia be tracked and made public.
Senator Ernst and OpenTheBooks found that more than
490 Million Dollars
In the last five years, more than $1 billion in grants and contracts from the United States has been paid to Chinese organizations.
870 Million Dollars
The money was paid to Russian entities.
By requiring firms to report publicly where and how they spend their grant and contract awards, private citizens can be empowered and become part of the solution. Radical transparency revolutionizes U.S. policy, and is the information engine for democracy. "Everyone has an interest in a transparent and effective government."
These projects, which are funded by tax dollars and have already been tracked down in Russia and China include:
Department of State: $58.7 Million, including $96,875 to promote gender equality in the exhibition of
$51.6 million in Department of Defense funding, including $6,000,000 for tech support of military 'deployment command and distribution' software. This is to deliver equipment and supplies wherever our military forces are deployed.
The U.S. sanctioned a Russian health insurance company in 2022.
Health and Human Services has given $4.2 million, including $770 466 to a Russian state-run laboratory to place cats on treadmills
Spending $2.4 Million on Russian Alcohol and Addiction Research
The state-run Wuhan Institute of Virology in China received $2 million to conduct dangerous experiments with bat coronaviruses, transgenic mice and other viruses.
The National School Lunch Program gave $1.6 million in taxpayer money to Chinese ag companies.
Tracking pandemic viruses in Russia will cost $1.45 Million
Subsidies to the Russian Space Program by funding the Russia Space Agency (RSA) and vendors
Why doesn't the US government track "every penny", not just to adversarial nations, but also to friendly countries? The Pentagon is the largest money laundering machine on the planet, and far more powerful than bitcoin.
39% of the $3.5 trillion assets
You can earn $
Accounting changes of 35 trillion dollars
In just one year it has not passed a complete audit. Instead of worrying about the few billions that went to the Wuhan laboratory - what is done is done – someone could rein in the trillions of untraceable spending and money-laundering that take place right under America's elected bureaucrats' noses.