Friday, February 25, 2022                                                          WEBSITE | SHARE ON:  
 
Foxx Report
 

The federal government has no problem spending our money. Reminding people of that simple fact is something I have done for a long time, and it has become even clearer after one year under the Biden Administration. In fact, it has become so clear that hardworking Americans are facing the consequences of more federal spending, one of which is inflation that has ravaged this country like a wildfire. To make matters worse, after all the outrageous spending sprees over the year, the Biden administration is asking for billions more to be given to it via congressional appropriations.

Recently, Axios published an article that details a new spending request to the tune of roughly $30 billion. According to the article, members of the Department of Health and Human Services (HHS) are asking for more money to cover the cost of vaccines and therapeutics ($17.9 billion), increasing testing capacities ($4.9 billion), expanding health coverage ($3 billion), and a reserve of cash to “address future variants” ($3.7 billion). But there is no guarantee that the money will be used for those purposes.

There are good reasons to question where money appropriated for COVID will end up.  In January, the Carolina Journal published an article of mine that discusses how this administration funneled billions of dollars away from public health initiatives – more than $2 billion to be exact – to cover the costs of unaccompanied migrant children at the southern border. That money was originally directed to strengthen the Strategic National Stockpile and expand COVID testing for Americans who wanted to receive a test. On top of that, the $2 trillion that was fast-tracked through Congress by the Democrat majority last year allegedly to address the impact of COVID-19 was also a farce. Republicans uncovered that less than nine percent of that spending went to public health initiatives.

You can rest assured that I will continue to speak out against these haphazard schemes, fight for you in Washington, and always give you the facts. I have no plans to stop anytime soon.

My Latest Op-Ed

The inflation slew caused by both President Biden’s failed policies and Washington bureaucrats is no longer a crisis – it has rapidly evolved into an outright catastrophe. We learned in early February that inflation jumped by 7.5 percent compared to last year – a fresh 40-year high. The last time inflation was this high, “Dallas” was the number-one show on television, “E.T.” the Extra Terrestrial came out in theatres, and “Rosanna” by Toto won “Record of the Year” at the Grammys. In my recent op-ed to the Carolina Journal, I lay out the case as to why skyrocketing inflation is hurting every American.

To read my op-ed, click here.

New Scam Update

According to a recent report from the Federal Trade Commission (FTC), North Carolinians submitted 64,000 fraud reports that totaled north of $93 million in losses last year. The type of scam that was most reported involved identity theft – with the median loss being $446. Nationally, consumers lost $5.8 billion to fraud last year, an increase of $2.5 billion when compared to numbers from 2020. In fact, more than $2.3 billion of losses reported in 2021 were due to imposter scams.

To read the FTC’s full report, and to find detailed facts on current scams, click here.

Quote of The Week

“Irresponsibility is a sin with a high price tag.”

-Pastor Sunday Adelaja

Have a blessed weekend,

 

 
 
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