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Sen. Paul Details $52 Billion Federal “Waste” In Annual ‘Festivus Report’

Sen. Paul Details $52 Billion Federal "Waste" In Annual ‘Festivus Report’

Authored by Joseph Lord via The Epoch Times,

Sen. Rand Paul (R-Ky.) has unveiled his annual “Festivus Report,” which tracks what he sees as “waste” spending…

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Sen. Paul Details $52 Billion Federal "Waste" In Annual 'Festivus Report'

Authored by Joseph Lord via The Epoch Times,

Sen. Rand Paul (R-Ky.) has unveiled his annual “Festivus Report,” which tracks what he sees as “waste” spending by the federal government. According to the libertarian-leaning Kentuckian, that waste topped over $52 billion in 2021.

Since arriving in the Senate amid the Tea Party wave of 2010, Paul had made the federal budget one of his foremost concerns.

Like his father, 2008 and 2012 presidential candidate and former U.S. Rep. Ron Paul (R-Texas), the younger Paul has decried U.S. military adventurism, the excesses of the post-9/11 surveillance state, and the perpetually unbalanced budget of the federal government.

The Festivus Report has been a staple for Paul since 2015, when he released his first edition of the report.

In the 2021 report, Paul calculated that federal boondoggles added up to a total of $52,598,515,585 - an amount Paul says could have been used to give everyone on Earth around $6.78, build 13,149 miles of four-lane highway, operate Veterans’ Affairs facilities for 4.5 months, or to fund the Department of Energy for nearly two years.

From ground-up ferrets to border walls for Middle Eastern countries to a federally-funded dinosaur film, these are some of the most striking examples of bizarre spending revealed by Paul.

Misappropriation of COVID-19 Funds Cost $40 Billion

Since January 2020, the U.S. government has spent more on relief packages for the CCP (Chinese Communist Party) virus than it spent on World War II. And these relief packages have cost taxpayers tens billions in waste and misappropriated funds, Paul argues.

By far the largest expense listed was a $36 billion loss to “improper CARES Act unemployment payments.” The CARES Act, signed into law in March 2020, was the first major pandemic stimulus bill.

At the time, when uncertainty about the disease was at its peak, the bill expanded eligibility opportunities for unemployment, allowing those who normally would not qualify to receive unemployment payments.

Though it has since become clear that most healthy adults under 50 years old are at little risk of severe disease, federal expenditures authorized by the CARES Act have lagged behind the science.

While employers across the nation are desperate for more employees, many not-at-risk Americans have continued to collect unemployment checks under CARES Act guidelines despite being able to work at workplaces enforcing their own COVID-19 safety measures.

The second largest expense detailed by Paul was also the result of COVID stimulus legislation.

In total, Paul claims that the federal government spent around $4.3 billion on duplicate or ineligible Paycheck Protection Program (PPP) loans, another relief policy that allowed employers to take loans from the federal government to ensure that their employees got paid.

DoD Spends Billions on Scrapped Planes, Abandoned Buildings, and Middle Eastern Border Walls

The next largest expenses come from the Department of Defense (DoD).

According to Paul, the DoD has invested $3.4 billion into replacing the Bradley Fighting Vehicle, one of the military’s go-to tank-like assault vehicles that are used in part as troop transports. Efforts to replace the Bradley began in 2003, but the DoD has still not managed to build a viable replacement.

The DoD also lost quite a bit of taxpayer money during the chaotic and controversial withdrawal from Afghanistan.

Ordered to leave immediately by President Joe Biden, the military left behind not only hundreds of American citizens and billions of dollars in military equipment, but also billions of dollars of U.S.-financed infrastructure and buildings. The evacuation has left around $2.4 billion of buildings sitting unused.

“Why are we spending all this money to build them in the first place?” Paul wrote. “What was once a mission to seek out and destroy the people who perpetrated the 9/11 attacks has become an exercise in—well, it’s unclear exactly what.”

Additionally, $549 million was spent by the DoD on military aircraft for the faraway desert nation, but these were “later thrown away” and sold as scrap for $40,257, Paul found.

Since 2017, the DoD has lost $773 million on uncollected debts for allies’ use of U.S. aircraft.

“DoD is responsible for billing and tracking countries’ usage of these goods and services,” Paul said of the discovery, noting that these aircraft were not supposed to be offered for free. “However, DoD apparently forgot about that part,” Paul quipped.

One of the DoD’s most bizarre expenditures involves a $250 million investment into building border walls around several Middle Eastern and North African countries.

At the same time, the Biden administration has left the U.S. southern border de facto open.

Upon taking office, Biden canceled several non-refundable U.S.-Mexico border wall contracts negotiated by Trump, leaving the wall’s materials sitting unused along the border. Since then, illegal crossings at the southern border have reached unprecedented levels.

One Million Trees for NYC, Solar Panels for Africa, and Other Climate Initiatives

Still, these expenditures are relatively tame compared to others on Paul’s list. Paul also exposed how federal money has been used for several odd climate initiatives, both in the United States and abroad.

For example, the federal government offered a staggering sum of $400 million to plant one million trees in New York City between 2007 and 2017, which comes out to around $400 per tree.

Proponents said that the project would “make New York City more sustainable” and “protect our planet.” MillionTreesNYC Director Morgan Monaco said that there was an additional goal: “to have New Yorkers form an emotional connection to trees.”

Some African nations also made off with a windfall in U.S. taxpayer funding. The Department of State, Paul says, devoted $179 million to funding green energy programs in Africa.

Paul argued that this investment will actually hurt African nations more than help them.

“Operating renewable energy sources like solar and hydroelectric remain more costly to [African] citizens,” Paul said. “So, by … providing $179 million for renewable energy, we’re actually going to be sticking Sub-Saharan African consumers with hefty electricity bills.”

The U.S. Agency for International Development (USAID) has also advanced some questionably costly climate programs. According to Paul’s findings, USAID has spent $11.3 million on “telling people [in Vietnam] not to burn their trash.”

Another $88 million USAID went to efforts to build irrigation systems in Afghanistan. Despite the nearly $100 million investment, these have gone mostly unused by Afghan farmers.

Ground-Up Ferrets for COVID Vaccines and Other Government-Funded Research Projects

The federal government has also been busy in the domain of scientific research. While some federally-financed research involves things like military technology, health care innovations, and space travel, some of its projects push the frontiers of human knowledge much less than others.

One of the most bizarre research projects highlighted by Paul involves $4.5 million in funding for a vaccine facility that ground up ferrets, among other inhumane tests.

“Since 2010, the American taxpayer has given Triple F Farms $4.5 million [to breed and transport ferrets] to COVID-19 and influenza vaccine testing laboratories,” Paul explained. A 2011 investigation into their facility included “video recordings of ferrets dying in feces, run over by carts, thrown alive into incinerators, hanging from wire.”

After these abuses became public, Triple F Farms received a $44,000 fine from the U.S. Department of Agriculture (USDA), which Paul called “a minor slap on the wrist compared to the millions of dollars of your taxpayer funds they received before and after the investigation.”

Recent USDA inspections have shown that these problems are ongoing. But Triple F Farms still receives federal funding despite its inhumane and illegal treatment of animals.

Another federally-funded study by the National Institute on Aging, at a cost to taxpayers of $1.3 million, found that “hearing bad news decreases happiness levels.” In the same vein, the federal government financed a $352,000 experiment which concluded that “kids crave junk food and gain weight if they’re exposed to it.”

Finally, the National Institutes of Health spent $465,000 on an experiment involving pigeons playing slot machines, while the Food and Drug Administration spent $337,500 on an effort to fatten eels for human consumption.

Translating Books Into Georgian and Other Cultural Initiatives

A slew of odd cultural initiatives are also on the federal government’s bloated checkbook.

For example, the Department of State has spent $182,741 on an initiative to translate classic American books into Georgian, the language of a small central-Asian state with a population of around 3.7 million people—less than the population of Los Angeles alone.

“The books used are not objectionable,” Paul emphasized, “some economics textbooks, children’s books, and American classics like All the King’s Men and Invisible Man.”

“But,” he asked, “when did this become the federal government’s job?”

“In the United States, nearly one third of fourth-graders are not proficient in reading,” Paul noted. “‘Some 36 million adults in the U.S. don’t have basic reading … skills above a third-grade level,’ according to estimates,” the report reads.

“In case the bureaucrats have forgotten: your constituents are the American people, not foreign citizens,” Paul wrote.

Similarly, the State Department has spent $200,000 on an initiative to teach French people about American culture, despite the fact that U.S. culture already has an outsized effect on French culture and language. USAID, in the same vein, has also spent $150,000 on funding free field trips to Washington for Korean children.

But Paul notes that not all of the federal government’s cultural spending has been international.

New York City, for instance, got a grant of $25 million as part of a COVID-19 relief program to display art projects across the city. With the money, then-Mayor Bill DeBlasio introduced the “City Arts Corps,” which paid around 3,000 artists to publicly display creative works in an effort to “resurge the cultural scene,” DeBlasio said.

Another $14 million went to funding the Wilson Center, an upscale venue that’s often the scene of what Paul described as “swanky parties” for members of Congress.

“If you’ve not heard of the Wilson Center, it’s a small nonpartisan foreign policy think tank in Washington D.C.,” Paul wrote. “It’s the same as a private think tank, like the Heritage Foundation or the Center for American Progress, except it receives about $14 million a year from the Federal government.”

And the Wilson Center has gotten a lot of taxpayer money over the past several decades. According to Paul, this congressional party hub has received $300 million since 1976, while its aforementioned peers have received none.

Finally, the National Science Foundation spent $2.5 million on “a film about dinosaurs to inspire middle schoolers.”

“Yes, the government used $2-million taxpayer dollars to create a dinosaur-centric film in 2D and 3D, a 3-episode TV series, a fictional book and museum exhibits to ‘inspire’ middle schoolers to build interest in STEM,” Paul wrote.

Paul’s Plan to Balance the Budget

In his report, Paul also detailed what could be done to balance the budget.

A few years ago, Paul introduced his “Penny Plan Balanced Budget.” According to Paul, the plan would have cut “only one penny off every dollar spent by the Federal government.”

But amid record spending by the Democratic Congress, that plan will no longer be enough to balance the budget, Paul said. Now, the federal government is spending so much money that it would need to cut five pennies off of each dollar it spends to balance the budget.

During early debates on democratic socialist Sen. Bernie Sanders’ (I-Vt.) $3.5 trillion budget draft, Paul introduced an amendment to the bill that would have done just that. However, the amendment was defeated by a supermajority, with several Republicans joining with Democrats to strike down the proposal.

Still, Paul said he would keep doing what he could to fight the problem. “The speed in which our debt is growing means we need ever more vigorous solutions to solve this growing problem,” he wrote.

Tyler Durden Thu, 12/23/2021 - 15:45

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International

United Airlines adds new flights to faraway destinations

The airline said that it has been working hard to "find hidden gem destinations."

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Since countries started opening up after the pandemic in 2021 and 2022, airlines have been seeing demand soar not just for major global cities and popular routes but also for farther-away destinations.

Numerous reports, including a recent TripAdvisor survey of trending destinations, showed that there has been a rise in U.S. traveler interest in Asian countries such as Japan, South Korea and Vietnam as well as growing tourism traction in off-the-beaten-path European countries such as Slovenia, Estonia and Montenegro.

Related: 'No more flying for you': Travel agency sounds alarm over risk of 'carbon passports'

As a result, airlines have been looking at their networks to include more faraway destinations as well as smaller cities that are growing increasingly popular with tourists and may not be served by their competitors.

The Philippines has been popular among tourists in recent years.

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United brings back more routes, says it is committed to 'finding hidden gems'

This week, United Airlines  (UAL)  announced that it will be launching a new route from Newark Liberty International Airport (EWR) to Morocco's Marrakesh. While it is only the country's fourth-largest city, Marrakesh is a particularly popular place for tourists to seek out the sights and experiences that many associate with the country — colorful souks, gardens with ornate architecture and mosques from the Moorish period.

More Travel:

"We have consistently been ahead of the curve in finding hidden gem destinations for our customers to explore and remain committed to providing the most unique slate of travel options for their adventures abroad," United's SVP of Global Network Planning Patrick Quayle, said in a press statement.

The new route will launch on Oct. 24 and take place three times a week on a Boeing 767-300ER  (BA)  plane that is equipped with 46 Polaris business class and 22 Premium Plus seats. The plane choice was a way to reach a luxury customer customer looking to start their holiday in Marrakesh in the plane.

Along with the new Morocco route, United is also launching a flight between Houston (IAH) and Colombia's Medellín on Oct. 27 as well as a route between Tokyo and Cebu in the Philippines on July 31 — the latter is known as a "fifth freedom" flight in which the airline flies to the larger hub from the mainland U.S. and then goes on to smaller Asian city popular with tourists after some travelers get off (and others get on) in Tokyo.

United's network expansion includes new 'fifth freedom' flight

In the fall of 2023, United became the first U.S. airline to fly to the Philippines with a new Manila-San Francisco flight. It has expanded its service to Asia from different U.S. cities earlier last year. Cebu has been on its radar amid growing tourist interest in the region known for marine parks, rainforests and Spanish-style architecture.

With the summer coming up, United also announced that it plans to run its current flights to Hong Kong, Seoul, and Portugal's Porto more frequently at different points of the week and reach four weekly flights between Los Angeles and Shanghai by August 29.

"This is your normal, exciting network planning team back in action," Quayle told travel website The Points Guy of the airline's plans for the new routes.

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International

Walmart launches clever answer to Target’s new membership program

The retail superstore is adding a new feature to its Walmart+ plan — and customers will be happy.

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It's just been a few days since Target  (TGT)  launched its new Target Circle 360 paid membership plan. 

The plan offers free and fast shipping on many products to customers, initially for $49 a year and then $99 after the initial promotional signup period. It promises to be a success, since many Target customers are loyal to the brand and will go out of their way to shop at one instead of at its two larger peers, Walmart and Amazon.

Related: Walmart makes a major price cut that will delight customers

And stop us if this sounds familiar: Target will rely on its more than 2,000 stores to act as fulfillment hubs. 

This model is a proven winner; Walmart also uses its more than 4,600 stores as fulfillment and shipping locations to get orders to customers as soon as possible.

Sometimes, this means shipping goods from the nearest warehouse. But if a desired product is in-store and closer to a customer, it reduces miles on the road and delivery time. It's a kind of logistical magic that makes any efficiency lover's (or retail nerd's) heart go pitter patter. 

Walmart rolls out answer to Target's new membership tier

Walmart has certainly had more time than Target to develop and work out the kinks in Walmart+. It first launched the paid membership in 2020 during the height of the pandemic, when many shoppers sheltered at home but still required many staples they might ordinarily pick up at a Walmart, like cleaning supplies, personal-care products, pantry goods and, of course, toilet paper. 

It also undercut Amazon  (AMZN)  Prime, which costs customers $139 a year for free and fast shipping (plus several other benefits including access to its streaming service, Amazon Prime Video). 

Walmart+ costs $98 a year, which also gets you free and speedy delivery, plus access to a Paramount+ streaming subscription, fuel savings, and more. 

An employee at a Merida, Mexico, Walmart. (Photo by Jeffrey Greenberg/Universal Images Group via Getty Images)

Jeff Greenberg/Getty Images

If that's not enough to tempt you, however, Walmart+ just added a new benefit to its membership program, ostensibly to compete directly with something Target now has: ultrafast delivery. 

Target Circle 360 particularly attracts customers with free same-day delivery for select orders over $35 and as little as one-hour delivery on select items. Target executes this through its Shipt subsidiary.

We've seen this lightning-fast delivery speed only in snippets from Amazon, the king of delivery efficiency. Who better to take on Target, though, than Walmart, which is using a similar store-as-fulfillment-center model? 

"Walmart is stepping up to save our customers even more time with our latest delivery offering: Express On-Demand Early Morning Delivery," Walmart said in a statement, just a day after Target Circle 360 launched. "Starting at 6 a.m., earlier than ever before, customers can enjoy the convenience of On-Demand delivery."

Walmart  (WMT)  clearly sees consumers' desire for near-instant delivery, which obviously saves time and trips to the store. Rather than waiting a day for your order to show up, it might be on your doorstep when you wake up. 

Consumers also tend to spend more money when they shop online, and they remain stickier as paying annual members. So, to a growing number of retail giants, almost instant gratification like this seems like something worth striving for.

Related: Veteran fund manager picks favorite stocks for 2024

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Government

President Biden Delivers The “Darkest, Most Un-American Speech Given By A President”

President Biden Delivers The "Darkest, Most Un-American Speech Given By A President"

Having successfully raged, ranted, lied, and yelled through…

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President Biden Delivers The "Darkest, Most Un-American Speech Given By A President"

Having successfully raged, ranted, lied, and yelled through the State of The Union, President Biden can go back to his crypt now.

Whatever 'they' gave Biden, every American man, woman, and the other should be allowed to take it - though it seems the cocktail brings out 'dark Brandon'?

Tl;dw: Biden's Speech tonight ...

  • Fund Ukraine.

  • Trump is threat to democracy and America itself.

  • Abortion is good.

  • American Economy is stronger than ever.

  • Inflation wasn't Biden's fault.

  • Illegals are Americans too.

  • Republicans are responsible for the border crisis.

  • Trump is bad.

  • Biden stands with trans-children.

  • J6 was the worst insurrection since the Civil War.

(h/t @TCDMS99)

Tucker Carlson's response sums it all up perfectly:

"that was possibly the darkest, most un-American speech given by an American president. It wasn't a speech, it was a rant..."

Carlson continued: "The true measure of a nation's greatness lies within its capacity to control borders, yet Bid refuses to do it."

"In a fair election, Joe Biden cannot win"

And concluded:

“There was not a meaningful word for the entire duration about the things that actually matter to people who live here.”

Victor Davis Hanson added some excellent color, but this was probably the best line on Biden:

"he doesn't care... he lives in an alternative reality."

*  *  *

Watch SOTU Live here...

*   *   *

Mises' Connor O'Keeffe, warns: "Be on the Lookout for These Lies in Biden's State of the Union Address." 

On Thursday evening, President Joe Biden is set to give his third State of the Union address. The political press has been buzzing with speculation over what the president will say. That speculation, however, is focused more on how Biden will perform, and which issues he will prioritize. Much of the speech is expected to be familiar.

The story Biden will tell about what he has done as president and where the country finds itself as a result will be the same dishonest story he's been telling since at least the summer.

He'll cite government statistics to say the economy is growing, unemployment is low, and inflation is down.

Something that has been frustrating Biden, his team, and his allies in the media is that the American people do not feel as economically well off as the official data says they are. Despite what the White House and establishment-friendly journalists say, the problem lies with the data, not the American people's ability to perceive their own well-being.

As I wrote back in January, the reason for the discrepancy is the lack of distinction made between private economic activity and government spending in the most frequently cited economic indicators. There is an important difference between the two:

  • Government, unlike any other entity in the economy, can simply take money and resources from others to spend on things and hire people. Whether or not the spending brings people value is irrelevant

  • It's the private sector that's responsible for producing goods and services that actually meet people's needs and wants. So, the private components of the economy have the most significant effect on people's economic well-being.

Recently, government spending and hiring has accounted for a larger than normal share of both economic activity and employment. This means the government is propping up these traditional measures, making the economy appear better than it actually is. Also, many of the jobs Biden and his allies take credit for creating will quickly go away once it becomes clear that consumers don't actually want whatever the government encouraged these companies to produce.

On top of all that, the administration is dealing with the consequences of their chosen inflation rhetoric.

Since its peak in the summer of 2022, the president's team has talked about inflation "coming back down," which can easily give the impression that it's prices that will eventually come back down.

But that's not what that phrase means. It would be more honest to say that price increases are slowing down.

Americans are finally waking up to the fact that the cost of living will not return to prepandemic levels, and they're not happy about it.

The president has made some clumsy attempts at damage control, such as a Super Bowl Sunday video attacking food companies for "shrinkflation"—selling smaller portions at the same price instead of simply raising prices.

In his speech Thursday, Biden is expected to play up his desire to crack down on the "corporate greed" he's blaming for high prices.

In the name of "bringing down costs for Americans," the administration wants to implement targeted price ceilings - something anyone who has taken even a single economics class could tell you does more harm than good. Biden would never place the blame for the dramatic price increases we've experienced during his term where it actually belongs—on all the government spending that he and President Donald Trump oversaw during the pandemic, funded by the creation of $6 trillion out of thin air - because that kind of spending is precisely what he hopes to kick back up in a second term.

If reelected, the president wants to "revive" parts of his so-called Build Back Better agenda, which he tried and failed to pass in his first year. That would bring a significant expansion of domestic spending. And Biden remains committed to the idea that Americans must be forced to continue funding the war in Ukraine. That's another topic Biden is expected to highlight in the State of the Union, likely accompanied by the lie that Ukraine spending is good for the American economy. It isn't.

It's not possible to predict all the ways President Biden will exaggerate, mislead, and outright lie in his speech on Thursday. But we can be sure of two things. The "state of the Union" is not as strong as Biden will say it is. And his policy ambitions risk making it much worse.

*  *  *

The American people will be tuning in on their smartphones, laptops, and televisions on Thursday evening to see if 'sloppy joe' 81-year-old President Joe Biden can coherently put together more than two sentences (even with a teleprompter) as he gives his third State of the Union in front of a divided Congress. 

President Biden will speak on various topics to convince voters why he shouldn't be sent to a retirement home.

According to CNN sources, here are some of the topics Biden will discuss tonight:

  • Economic issues: Biden and his team have been drafting a speech heavy on economic populism, aides said, with calls for higher taxes on corporations and the wealthy – an attempt to draw a sharp contrast with Republicans and their likely presidential nominee, Donald Trump.

  • Health care expenses: Biden will also push for lowering health care costs and discuss his efforts to go after drug manufacturers to lower the cost of prescription medications — all issues his advisers believe can help buoy what have been sagging economic approval ratings.

  • Israel's war with Hamas: Also looming large over Biden's primetime address is the ongoing Israel-Hamas war, which has consumed much of the president's time and attention over the past few months. The president's top national security advisers have been working around the clock to try to finalize a ceasefire-hostages release deal by Ramadan, the Muslim holy month that begins next week.

  • An argument for reelection: Aides view Thursday's speech as a critical opportunity for the president to tout his accomplishments in office and lay out his plans for another four years in the nation's top job. Even though viewership has declined over the years, the yearly speech reliably draws tens of millions of households.

Sources provided more color on Biden's SOTU address: 

The speech is expected to be heavy on economic populism. The president will talk about raising taxes on corporations and the wealthy. He'll highlight efforts to cut costs for the American people, including pushing Congress to help make prescription drugs more affordable.

Biden will talk about the need to preserve democracy and freedom, a cornerstone of his re-election bid. That includes protecting and bolstering reproductive rights, an issue Democrats believe will energize voters in November. Biden is also expected to promote his unity agenda, a key feature of each of his addresses to Congress while in office.

Biden is also expected to give remarks on border security while the invasion of illegals has become one of the most heated topics among American voters. A majority of voters are frustrated with radical progressives in the White House facilitating the illegal migrant invasion. 

It is probable that the president will attribute the failure of the Senate border bill to the Republicans, a claim many voters view as unfounded. This is because the White House has the option to issue an executive order to restore border security, yet opts not to do so

Maybe this is why? 

While Biden addresses the nation, the Biden administration will be armed with a social media team to pump propaganda to at least 100 million Americans. 

"The White House hosted about 70 creators, digital publishers, and influencers across three separate events" on Wednesday and Thursday, a White House official told CNN. 

Not a very capable social media team... 

The administration's move to ramp up social media operations comes as users on X are mostly free from government censorship with Elon Musk at the helm. This infuriates Democrats, who can no longer censor their political enemies on X. 

Meanwhile, Democratic lawmakers tell Axios that the president's SOTU performance will be critical as he tries to dispel voter concerns about his elderly age. The address reached as many as 27 million people in 2023. 

"We are all nervous," said one House Democrat, citing concerns about the president's "ability to speak without blowing things."

The SOTU address comes as Biden's polling data is in the dumps

BetOnline has created several money-making opportunities for gamblers tonight, such as betting on what word Biden mentions the most. 

As well as...

We will update you when Tucker Carlson's live feed of SOTU is published. 

Tyler Durden Fri, 03/08/2024 - 07:44

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