Bartlesville Radio » News » Lankford Releases Government Waste Report

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US Senator from Oklahoma James Lankford announces the sixth volume of his book on federal waste, Federal Fumbles: Ways the government dropped the ball.

Senator Lankford says the report highlights the federal government’s waste and inefficiency and offers solutions and recommendations for long-term change that must begin immediately. Lankford says inaction will make Medicare insolvent and unable to pay its full benefits by 2026, while Social Security is expected to be insolvent by 2034. He says it’s a crisis we can all see come and that we can correct if we start now.

Lankford says Federal Fumbles is a to-do list for him and his team, and it’s also a status update for Oklahomans who worry about the waste, fraud and abuse of their taxes and what’s made to end it. As Oklahomans face 8.5% inflation, sky-high gas prices and grocery bills they struggle to pay, Lankford says they want to rightly know why they see so much waste in government and what is being done to address it. He says they have already used their findings in gropes to sign many touchdowns or overturn a bad policy.

But there is always more to do. Lankford says this year’s report focuses on some of the key drivers of our debt and deficits, including President Biden’s $2 trillion squandering on the southern border, long-term solvency issues with security social and medicare, and many unnecessary earmarks and pork in the latest spending bill, which he opposed. He says they need solutions to the problems we face, so gropes also focuses on recommendations on how to make tough decisions, not just talk about them.


The video posted by Lankford on the federal fumbles can be viewed below. Transcripts of the video follow:



On the rising national debt and ongoing deficit spending

“We have a $2.8 trillion deficit, which means we’re spending $2.8 trillion more in a single year than we take in. In 2019 before COVID, our national debt was $22.7 trillion. Today our debt is over $30 trillion, $30 trillion. That’s the equivalent of 1 dollar spent per second for a million years – a million years! This is the question I often hear: where does all this federal money come from? We do not have a rainy day fund. We just have more borrowing to come or printing money.


On some of the trash discovered for the sixth volume of Fumbles

“This year I found things like $2 billion wasted because of the Biden administration’s decision not to complete the wall on our southern border, which is already paid for. Last year we literally paid contractors $2 billion not to build the border security wall. I also highlight things like the latest federal spending and appropriations bill. Things like $20 million for repairs to the U.S. Grant Presidential Library, $500,000 for an art walk project in Trenton, New Jersey, and millions for sidewalk and bike lane projects in Rhode Island. and Vermont, to name a few places. We’ll highlight some of the projects funded by grant programs for things like $90,000 to $150,000 on robot dogs on the border, $2.6 million for Chinese health programs, $120,000 to write about the Russians, $15,000 spent on a monkey opera – all of us can’t wait for this opera – $500,000 for the Nansen Ski Club in New Hampshire, $3 million for a fisherman’s cooperative in Guam, 30 million dollars for safe smoking kits. How about $569,000 for the removal of lobster traps. All this while we are experiencing the highest gas prices our country has ever seen.


On the impending Social Security and Medicare crises if we do nothing

“If we do nothing, Medicare will be insolvent and unable to pay its full benefits by 2026. Social Security is expected to become insolvent by 2034. That’s not a few years away; 2026 is in four years! This is a crisis we can all see coming, and we can work on solutions to deal with it, if we start it now. One way to help protect these benefits for the people who depend on them most is to eliminate waste, fraud and abuse of these programs.

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