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Racket News

The EPA's Incredible $20 Billion Dollar Caper, Explained

A chance leak about a last-minute financial agent agreement at the Environmental Protection Agency is the latest evidence that our government is a lot more corrupt than even cynics guessed

Matt Taibbi
Feb 14, 2025
∙ Paid

The EPA’s new chief Lee Zeldin dropped a bomb on social media Wednesday evening:

Roughly twenty billion of your tax dollars were parked at an outside financial institution by the Biden EPA. This scheme was the first of its kind in EPA history, and it was purposefully designed to obligate all of the money in a rush job with reduced oversight.

It’s a true, crazy, obscene story:

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