GAO: Biden’s ‘infrastructure’ bill was inefficient


FILE- In this June 19, 2018, file photo a router and internet switch are displayed in East Derry, N.H. (AP Photo/Charles Krupa, File)

FILE- In this June 19, 2018, file photo a router and internet switch are displayed in East Derry, N.H. (AP Photo/Charles Krupa, File)

OAN NEWSROOM
UPDATED 10:07 AM PT – Monday, June 13, 2022

The Government Accountability Office found President Joe Biden’s so-called infrastructure bill, which passed last year, was inefficient. According to new GAO report, Democrats spent at least $65 billion with “no national strategy” or obligation to update America’s internet services.

The reported noted, the Biden administration does not have a plan to provide high-speed internet to all Americans. The $1.2 trillion bill did not even require government agencies to develop a broadband strategy.

It’s unclear how that money was spent. Republican lawmakers have said Biden’s spending spree was the main factor behind runaway inflation sweeping the US.

“You have to understand why demand went up everywhere, why did it go up across all segments of the economy,” explained GOP Sen. Rand Paul (R-Ky.). “Because we printed money, we just passed out money. We literally passed it out this time around, but inflation is basically a consequent of debt. So in the last two years, we added $6 trillion worth of debt. We’ve never added that much debt in our history.”

Following the GAO report, FCC Commissioner Brendan Carr called for accountability and transparency at the federal government. He asserted its spending spree has, indeed, fueled inflation.

MORE NEWS: Are Americans Addicted To Fear? How To Help Children Cope





Source link

Amber Coakley
Author: Amber Coakley

Be the first to comment

Leave a Reply

Your email address will not be published.


*