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I want to try to put in perspective what many of my Democratic friends have been talking about today.

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They're very, very, very upset at President Trump.

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And they're very, very, very upset at Elon Musk.

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President Trump ran for president on a number of issues.

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One of the issues he ran on, he said it almost every day.

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He said, if you make me president, I'm going to go through the entire budget.

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And review all the spending, line by line.

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If I heard him say that once, I heard him say it a thousand times.

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And that's what he's been doing.

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He went out and appointed, through an executive order, Elon Musk.

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Some people like him, some don't.

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But he's not a dummy.

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He's a very successful business person.

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He's got a top secret security clearance.

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President Trump issued an executive order and he turned to Mr. Musk.

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And he said, Mr. Musk, I want you to do for me what I said I was going to do in the election.

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I want you to go through all the spending, line by line.

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Now, let me ask you something, Mr. President.

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How are you going to review the spending without reviewing the spending?

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How are you going to audit the spending by an agency without auditing the agency?

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That's what I mean when I say common sense is illegal in Washington, D.C.

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That's what Mr. Musk is doing.

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He's put together a crackerjack team and they're going through.

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Everybody's spending, line by line, item by.

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And my Democratic colleagues are very, very, very upset.

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And they've been very eloquent.

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They've talked about the process.

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And President Trump's executive order supposedly violates the Constitution.

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And they've accused Mr. Musk of having conflicts of interest.

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And I've heard people say he's sitting over there with a notepad copying down everybody's

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Social Security number and he's going to go use it to make money.

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I mean, people in this town, not just my Democratic colleagues, they're really upset.

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They've never said anybody question their spending.

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But that's what Mr. Musk is doing.

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But, you know, I've listened.

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This has been going on for a week.

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People have been screaming like they're part of a prison riot.

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Oh, my God, look at what Musk is doing.

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He's looking at the spending.

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And I've listened to people talk about the process and debate whether it's constitutional

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and discuss how many lawyers can dance on the head of a pen.

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But you know what?

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I haven't heard one single person who's upset with President Trump or Mr. Musk talk about

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what he's found.

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They don't want to talk about the spending, the spending porn, the waste of taxpayer money

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that he's found.

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I mean, that's the point of all this.

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I tell you who is interested, the American people, the people in America who get up every

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day and go to work and obey the law and pay their taxes and try to educate their kids and

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try to do the right thing by their kids and try to save a little money for retirement.

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And they've had to live through 20 percent inflation under President Biden.

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They understand what Musk is doing.

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They understand spending porn and wasting taxpayer money.

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Now, Mr. Musk started with the USAID.

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That handles a lot of foreign aid for America.

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American people are very generous.

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In our country, you know, when you're homeless, we'll house you.

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When you're hungry, we'll feed you.

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In our country, when you're too poor to be sick, we'll pay for your doctor.

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And we send a lot of money overseas to help our world's neighbors.

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And the USAID is in charge in large part of that.

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But I'll tell you what Mr. Musk discovered.

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I find it fascinating.

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He discovered that the American taxpayers are giving money to Afghanistan.

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He found that we are giving money to Yemen.

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He found that we are giving money to Syria.

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I didn't know that.

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Some of our foreign aid is going to Yemen, Afghanistan, Syria.

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He found that the USAID has 10,000 people, 10,000 people, employees.

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And every year they give away $40 billion.

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Mr. Musk also found, and I'm not saying that all of this money is wasteful.

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I'm not.

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Some of this money, I'm sure, does some good.

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That's why Secretary Rubio is going to revamp the department and separate the good from the bad.

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But this is the kind of stuff Mr. Musk found.

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He found that the USAID gave money to support electric vehicles in Vietnam.

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Our money.

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Taxpayer money.

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He found that the USAID gave money to a transgender clinic in India.

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I didn't know that.

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I bet you the American people didn't know that.

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He found that the USAID gave $1.5 million to a Serbian LGBTQ group called Grupa Zladaji.

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I probably mispronounced that.

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My apologies.

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Anyway, they got $1.5 million to, quote, advanced diversity, equity, inclusion in Serbia's workplaces and business community.

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What else did Mr. Musk found that my colleagues don't want to talk about?

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Well, he reviewed a study and then went and checked it.

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The study was done by the Middle East Forum.

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They found that USAID spent $164 million to support radical organizations around the world.

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We're not talking Cub Scout troops here.

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We're talking about radical organizations around the world.

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They gave $122 million of that to groups aligned with foreign terrorist organizations.

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Our taxpayer money.

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According to this report in Mr. Musk, the USAID has given millions of dollars to, quote,

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local organizations in Gaza, controlled by Hamas.

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Why aren't my colleagues talking about that?

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Recipients of the money, they found, have, quote,

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called for their lands to be cleansed from the impurity of Jews.

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That's who we're giving a foreign aid to.

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What else?

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I'm not going to spend my whole time talking about this, but nobody else is talking about it.

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They're just talking about the process and Mr. Musk, and he's a mean guy,

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and he shouldn't be looking at our spending.

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Well, he is, and I kind of find what he's found out interesting.

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He found that we gave $2 million, USAID did, for sex changes in Guatemala.

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He found that we gave $20 million to produce a new Sesame Street show in Iraq.

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He found that we gave $4.5 million of taxpayer money to combat disinformation in Kazakhstan.

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He found that we gave $10 million, USAID did, of meals to an al-Qaeda-linked terrorist group

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called the Nusra Front.

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Mr. Musk found that we gave $7.9 million of taxpayer money to a project that would teach

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Sri Lankan journalists to avoid binary gendered language.

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We took, the USAID took $8 million and gave it to a bunch of journalists in Sri Lanka

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to teach them how to avoid binary gendered language.

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I don't know what the hell binary gendered language is.

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I think I do.

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You think most taxpayers would support that?

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Why are we talking about that?

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The USAID gave $1.5 million to promote LGBT advocacy in Jamaica.

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They gave $1.5 million to rebuild the Cuban media ecosystem.

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They gave $1.5 million for, quote, art, for inclusion of people with disabilities in Belarus.

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Another $3.9 million for LGBT causes in Macedonia.

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$8.3 million for equity and inclusion education in Nepal.

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I could go all night.

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And many of my colleagues are upset.

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They're really mad at Mr. Musk.

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Hell, I think we ought to give him a medal.

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All he's doing is what President Trump said he was going to do.

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President Trump said he's going to audit the spending.

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So Trump goes and hires Musk, again, with a top-secret security clearance.

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Nobody can quibble with his intelligence.

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You know, the guy's as smart as Einstein's cousin.

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He's a very successful businessman.

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Some say he's the richest guy in the world.

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And he's doing the auditing.

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And, man, he's finding a lot of stuff.

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I call it spending porn.

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Now, I'm not saying everything that USAID does is wasted.

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But I'm saying a lot of it is.

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A hell of a lot of it is.

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And we ought to be on the floor of this United States Senate thanking Mr. Musk.

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And we ought to be asking him to go through every agency and look at everybody's budget.

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Everybody's budget.

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That's what the American people want.

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They don't want to talk about process.

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They don't want to continue with the Washington way.

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They want to save some money.

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Now, let me tell you what's really going on here, too, Mr. President.

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For four years under President Biden and for, what, eight years under President Obama,

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I have all the respect in the world for President Biden and President Obama.

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Tough job.

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But between them, they spent 12 years in Washington.

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And presidents set the tone.

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They control the questions that are asked.

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And here's the question that President Obama and President Biden asked for eight years.

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I heard it every, for 12 years.

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I heard it every single day.

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Who needs to pay more in taxes?

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Is it you?

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Is it you?

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Who needs to pay more in taxes?

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We need more money.

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Who needs to pony up more?

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That was the issue.

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But that's not the issue today.

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We have a new president.

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You know what the issue is today?

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What the hell happened to all the money?

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What the hell happened to all the money?

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And that's what Mr. Musk is finding out.

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That's all this is about.

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And I'm just shocked that my colleagues have decided that this is a hill they're going

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to die on.

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How can you look the American people in the eye and support this kind of waste?

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Support this kind of spending poor?

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I mean, the election to me made at least one thing clear, that the American people are sick

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and tired of people in Washington denying reality.

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The last administration tried to convince us that we were living in a crime-free world

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where inflation was temporary and the border was secure.

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And the American people didn't buy it.

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You know why?

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Because it wasn't true.

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And the administration, our last administration, tried to argue that Bidenomics was making our

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lives better.

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But the American people knew differently.

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They understood Bidenomics to mean I get to spend more to live worse.

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And they voted.

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Now, I mean, the American people were poorer under the last administration, but they didn't

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become stupid.

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They could see that the government was creating a problem.

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I'm trying to fix it.

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And they noticed the national debt, too.

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Put up that first chart for me.

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You know what our national debt is, Mr. President?

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Thirty-six trillion dollars.

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Not million, not billion.

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Thirty-six trillion dollars.

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It takes my breath away.

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How's it ever been over 100% of our gross domestic product?

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Our debt's growing faster than our economy.

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And we toss around these numbers, a trillion, a billion, a million.

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Since 2019, America's population has grown 2%.

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We're not having babies.

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2%.

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And that's after massive immigration.

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You know how much our budget has grown?

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Fifty-five percent.

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Fifty-five percent.

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Yeah, we've had inflation.

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But we haven't had 55% worth of inflation.

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That's how we got to this $36 trillion in debt.

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Put up the next chart for me.

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Now, some of this money we had to spend during the pandemic.

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And it was a bipartisan effort during the pandemic.

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Republicans voted for it and Democrats voted for it because we had no choice.

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I was there.

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I saw it from the inside.

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We came this close to losing the American economy.

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And you know who helped a lot, doesn't get enough credit?

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Jay Powell of the Federal Reserve.

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I watched it.

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The whole world wanted to go into a cave and retreat.

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Back in the Great Recession, I remember all the other countries in the world who looked to us.

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They may hate us, but they know we're the greatest country in all of human history.

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They looked to America.

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And you know what?

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Back in the Great Recession, all the other countries wanted our...

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They wanted treasuries, treasury notes, treasury bonds.

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Not this time.

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They were so scared.

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They didn't want treasuries.

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They wanted dollars.

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Cash dollars.

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So Jay Powell, thank the Lord, he goes over to the Federal Reserve.

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He opens what's called a currency swap line.

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And he told every country, you want dollars?

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I'll trade your dollars for your currency.

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And everything calmed down.

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He didn't get any credit for that.

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But it was a gutsy thing to do.

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But on top of that, to save the American economy, that wasn't helping the American economy.

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We had to keep the economy going.

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We spent a lot of money.

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But then COVID ended.

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And what we should have done was go back to free COVID spending.

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But we didn't do that.

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President Biden, after the shutdowns and the coronavirus, the pandemic was over,

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passed the American Rescue Plan.

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COVID was over.

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He spent $1.9 trillion.

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Never let a good crisis go to waste.

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I didn't vote for it.

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Then he came back and passed what he called an infrastructure bill.

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It was really just the Green New Deal.

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I know what's in that bill.

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That was another $1.2 trillion.

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And then he passed the Inflation Reduction Act.

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I didn't vote for it.

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But that was another $1.0 trillion.

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And then he passed the CHIPS Act.

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This is really special.

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He said, big tech.

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The semiconductor companies need our money.

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They need taxpayer money.

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They're not making enough money.

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And he gave them money.

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He didn't give hardware stores money.

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President Biden didn't give the healthcare industry money.

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He said, I want to help big tech.

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And, boy, they sucked it up like a Hoover Deluxe.

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We spent $280 billion subsidizing big tech.

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And you add it all up, and that's $4.3, almost $4.5 trillion.

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And that's how we got $36 trillion in debt.

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And that's why Donald Trump said, I'm going to look at every single line item we're spending.

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And that's why he gave the job to Elon Musk.

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And that's why Musk is auditing these accounts.

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But nobody wants to talk about what he's finding.

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Nobody wants to talk about the spending point, except the American people.

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They get it, Mr. President.

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They get it.

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And I hope Mr. Musk continues.

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My colleague and friend, we had a little discussion in banking today.

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Senator Warner makes a good point.

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He wants Mr. Musk to come over and talk to Congress about how he's doing this.

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I'm all for that.

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I am all for that.

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I would love to have him come over and walk us through what he's doing and how he's discovering

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all this spending point.

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We need all the help we can get on reducing our spending because we can't continue at this

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pace.

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I just wanted to spend a few minutes putting all this in perspective, Mr. President.

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The world's not going to spin off its axis, folks.

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Every business that I know of goes to an audit.

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Now we're being audited.

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But we're being audited by, not by the usual auditors, but we're being audited by a person

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appointed by the President of the United States.

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And I bet you when he's through, and he's going to go to all these agencies.

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He's starting on the Department of Education next.

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I think he'll end up finding that some of our money is being well spent.

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But he's also going to find that some of our money is being stolen and it's being wasted.

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And that's an insult to every taxpayer in this country.

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So I'm going to end like I began.

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We ought to be giving Mr. Musk a medal.

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We ought to be thanking him.

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Maybe nobody else wants to hear about this spending point.

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But I can't wait to read the book.

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I hope he finds all of it and compiles it.

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I hope Marco Rubio, our new Secretary of State, takes USAID and shakes them by the shoulder

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and lifts up the good people there and fires the bad people, the people that wasted taxpayer

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money like this, giving money to terrorist organizations, giving money to organizations

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that support Hamas.

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I hope he gets rid of every single one of them.

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And I think if we listen to Mr. Musk, we can save a lot of money.

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And I hope he does come over and explain what he's doing.