The US Paid Over $1 Billion to Russia and China Over the Past 5 Years | Joe Hoft

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The US Paid Over $1 Billion to Russia and China Over the Past 5 Years

Open the Books reported today that the US has paid Russia and China over $1 billion in grants over the past 5 years. 

Open the Books has another shocking report that it released today.  Over a billion dollars have been given to China and Russia over the past five years (and probably much more).

Open the Books shared the following from its research along with Senator Joni Ernst’s team.

More than $1.3 billion U.S. tax dollars were sent to Russia and China over the past five years (since 2017), according to a new analysis released today by Senator Joni Ernst (R-Iowa) and OpenTheBooks.com auditors. This amount likely doesn’t reflect the total amount because federal agencies do not follow the trail of tax dollars to their final destination.

Senator Ernst and Congressman Mike Gallagher (R-Wisc.) are leading the charge to create transparency and accountability for the taxpayer dollars that are being handed out in China and Russia. Today, they are introducing the Tracking Receipts to Adversarial Countries for Knowledge of Spending (TRACKS) Act that would require every penny from a government grant paid to any organization in China and Russia to be tracked and publicly disclosed.

Senator Ernst and OpenTheBooks determined more than $490 million from U.S. grants and contracts were paid to organizations in China over the past five years and another $870 million were paid to entities in Russia.

How much money has the US sent to these countries that we don’t know about?  How many millions did the Bidens make in transferring these funds?

 

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