Senator Moody works to expose government waste with passage of Billion Dollar Boondoggle Act
Press release from U.S. Senator Ashley Moody
WASHINGTON, D.C. — Senator Ashley Moody is working to expose government waste as a cosponsor of the Billion Dollar Boondoggle Act, which passed the Senate unanimously last night. The legislation requires the disclosure of any government project that is $1 billion over budget or five years behind schedule.
Senator Ashley Moody said, “Government projects that go over budget and past deadline waste hundreds of millions of taxpayer dollars every year. I’m proud to cosponsor the Billion Dollar Boondoggle Act and work to ensure that our government spends our hard-earned funds responsibly.”
This bill would apply to some of the worst boondoggles uncovered by the Senators, including:
- The Department of Veterans Affairs’ electronic health record system upgrade that has tripled in cost from an initial $16.1 billion price tag to $49.8 billion.
- Additionally, flaws with the new system may have contributed to the deaths of several veterans and caused harm to others.
- The Bay Area Rail Transit Extension – that Nancy Pelosi tried to sneak funding for into a COVID relief bill – has ballooned in costs from $4.7 billion to $12.8 billion.
- At nearly $2 billion per mile, it has been labeled “the worst new transit project in the U.S.”
Click here to view the bill text.
Stuff like this is just total crap.
How about a bounty for exposing government fraud? Any whistleblower who exposes a true fraud wasting taxpayer dollars gets 10% of the amount exposed. There will be some very rich government employees (but so what if they are cutting off massive frauds) who are fully aware of where the bodies are buried…. And the savings will be epic. I’ll bet hundreds of billions of wasteful boondoggle frauds will be exposed…
Thank you, Senator ! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Does that GNV biomass plant count?
2.1 billion dollar wood burner, 8,000 dollar garbage cans, clownish misuse of millions to weirdo organizations, bus system where 99% ride free, 20 per hour ambassadors.
Are Farm policies on Moody or Scott or Cammack radar? Not likely since they are Party first country second.
We can do better, thank you Indiana Republicans for no on REDISTRICTING!
U.S. farmers are struggling to break even during the 2025 harvest as tariffs raise operating costs and cut demand for American crops…their livelihoods are at risk, as U.S. soybean exports have dropped by more than half as China turns to competitors in Argentina and Brazil. U.S. cattle producers were also slighted by the President recently when he pledged increase imports of Argentinian beef, an action that would only put American cattlemen at a disadvantage.
Meanwhile, the Administration is providing a $40 billion aid package to Argentina, half funded by American taxpayers, a move usually reserved for economic disasters. The American Farmers First Act would redirect $20 billion from the Treasury Department’s Exchange Stabilization Fund slated for Argentina to provide essential aid to American farmers and producers who have been adversely impacted by the tariffs.
Are pardons and crypto corruption a boondoggle as well? Country first not party!
We are better than this!
Allegations of corruption surrounding Donald Trump’s involvement with cryptocurrency have been widely reported, with claims that his crypto ventures represent a significant conflict of interest and a mechanism for self-enrichment while in office. Since taking office in January 2025, Trump’s net worth has reportedly increased substantially due to his family’s cryptocurrency dealings, with estimates suggesting his crypto holdings could be worth as much as $11.6 billion and generating over $800 million in income from asset sales in the first half of 2025 alone.
Central to these allegations is the claim that Trump has used his presidency to advance his personal financial interests by promoting and profiting from various crypto projects, including World Liberty Financial (WLF) and the $TRUMP memecoin. Critics argue that these ventures allow foreign actors, corporate interests, and individuals under investigation to funnel money into Trump-aligned crypto assets as a way to gain access or influence within the administration. For example, Abu Dhabi used WLF’s stablecoin USD1 to purchase $2 billion worth of Binance shares, **a transaction some have tied to the pardon of Binance founder Changpeng Zhao.**
Bloomberg reported in July that Binance assisted in creating the initial code that enabled the issuance of USD1, a stablecoin offered for investment by World Liberty Financial. (A stablecoin is a type of digital currency pegged to a traditional currency, such as a U.S. dollar.) That enabled USD1 to be used by MGX, a United Arab Emirates firm, for a $2 billion investment in Binance in May. The investment could channel millions annually from interest-bearing assets to the Trump family, according to Bloomberg.
Days after Trump pardoned Zhao in October, Binance began promoting sales of USD1 on its U.S. site, making the digital coin more accessible to U.S. investors and more likely to increase in value, USA Today reported.
Moody is another Kat – doesn’t do anything that isn’t a partisan photo-op. Thanks for spelling out just a few of the BS stunts Trump and his billionaure cronies are pulling off while not even bothering to pretend they aren’t
“Vulcan Elements, a rare-earth magnets startup backed by Donald Trump Jr.’s VC firm 1789 Capital, has secured a $620 million contract from the U.S. Department of Defense, as reported by the Financial Times.
The contract is part of a $1.4 billion partnership with the U.S. government and ReElement Technologies to expand and boost the domestic supply of magnets, according to the company.
Trump Jr. joined 1789 Capital as a partner in 2024. The firm is said to have invested in Vulcan Elements around three months ago, according to Bloomberg. In August, the company announced a $65 million Series A led by Altimeter Capital.
This government contract represents the largest ever made by the Pentagon’s Office of Strategic Capital, the FT reported….”
“The S.E.C. Was Tough on Crypto. It Pulled Back After Trump Returned to Office.
An investigation by The Times found the administration’s change in enforcement benefited the industry, including companies that had ties to the president.
…It is unheard-of for the agency to retreat from a swath of lawsuits against a single industry. And yet, The Times found that the S.E.C. had eased up on more than 60 percent of the crypto cases that were ongoing when Mr. Trump returned to the White House, moving to pause litigation, lessen penalties or outright dismiss the cases.
The dismissals were particularly unusual, The Times found. Under Mr. Trump, S.E.C. dismissals came at a far higher rate for crypto firms than other cases.
And although the particulars of the crypto lawsuits differed, many of these firms had something in common: financial ties to Mr. Trump, the self-described crypto president.
The S.E.C., the top federal regulator that polices wrongdoing in the financial markets, is no longer actively pursuing a single case against a firm with known Trump ties, The Times found. It backtracked against every firm that either has relationships with the Trump family’s crypto businesses or has donated to his political causes. The agency’s only remaining crypto cases are against little-known defendants without clear ties to Mr. Trump….”
paywall free link:
https://www.nytimes.com/2025/12/14/us/politics/sec-crypto-firms-trump-investigation.html?unlocked_article_code=1.8k8.oGlg.J_uszu7QQRuH&smid=url-share