9 Eye-Opening Examples of ‘Waste Spending’ From Rand Paul's $1.6 Trillion ‘Festivus’ Report
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9 Eye-Opening Examples of ‘Waste Spending’ From Rand Paul's $1.6 Trillion ‘Festivus’ Report
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About this listen
For the past 11 years, Sen. Rand Paul (R-Ky.) has released his annual “Festivus Report” to air grievances. While the name is a reference to a Seinfeld episode, the report itself is legitimate, detailing what he believes were some of the most egregious examples of the federal government wasting our tax dollars in the previous year.
Since the start of the report, the dollar amount of the government “waste” he cites has grown significantly.
In 2015, it was a little over a billion dollars. By 2019, it was $50 billion dollars. The latest report for 2025 showed that the figure hit a cool $1.639 trillion dollars. It’s worth mentioning that a huge portion of that total comes from interest payments on the national debt, which Senator Paul now includes in his overall tally. U.S. taxpayers paid $1.22 trillion dollars in interest just to service the national debt last year. That is significantly more than the Pentagon’s entire budget—and given the fact that that money is literally going to nothing other than interest, there’s a good case to be made to include that figure in the overall wasted spending report.
Setting the interest payments aside, let’s go through nine of the most interesting examples of government waste from the report.