Business
Biden’s $20B grant to climate groups involved “self-dealing”

Quick Hit:
EPA Administrator Lee Zeldin has raised concerns about the Biden administration’s $20 billion in climate project grants, alleging “a lot of self-dealing” and potential conflicts of interest. Zeldin pointed to the $2 billion allocated to Power Forward Communities (PFC), a group linked to Stacey Abrams, as a clear example of waste and abuse.
Key Details:
- Zeldin questioned the $2 billion grant to PFC, noting the group only reported $100 in revenue within its first three months after being founded in late 2023.
- He criticized the grant agreement, which gave PFC three weeks to distribute the funds and 90 days to complete a training course on budget development.
- Zeldin stated the Justice Department has been investigating the issue, thanking the EPA for its cooperation in tracking the funds.
At the EPA, we are dialed in on efficiently delivering on our core mission and Powering the Great American Comeback. America’s Golden Age is upon us. pic.twitter.com/lUOKoJ53Cr
— Lee Zeldin (@epaleezeldin) February 23, 2025
Diving Deeper:
EPA Administrator Lee Zeldin appeared on Fox News’s Sunday Morning Futures with Maria Bartiromo to discuss his concerns about the Biden administration’s $20 billion climate grant program. He alleged that the grant distribution involved “a lot of self-dealing” and lacked proper oversight, leading to potential conflicts of interest. Zeldin pointed to a specific case involving Power Forward Communities (PFC), a group linked to former Georgia gubernatorial candidate Stacey Abrams, which received $2 billion in grants despite only reporting $100 in revenue during its first three months.
Zeldin criticized the grant’s terms, which allowed PFC three weeks to distribute the $2 billion and required the group to complete a budget development training course within 90 days. “I would say that any entity that needs training on how to develop a budget shouldn’t be actually distributing money before they take that training,” Zeldin argued. He further alleged that the rapid distribution of funds resembled a “gold bar scheme,” citing a leaked video where a Biden EPA political appointee described the process as “throwing gold bars off the Titanic.”
When asked about the potential for criminal activity, Zeldin suggested the Department of Justice would need to investigate but characterized the grant to PFC as “a clear cut case of waste and abuse.” He noted that the Justice Department had been actively investigating the matter and expressed appreciation for the EPA’s cooperation in tracking down the missing funds.
Zeldin also mentioned his discussions with President Donald Trump, emphasizing their shared commitment to restoring accountability at the EPA. The controversy has drawn attention from other lawmakers, including Rep. Byron Donalds (R-FL), who questioned why PFC received $2 billion when its reported revenue was only $100.
Business
DOGE discovered $330M in Small Business loans awarded to children under 11

MxM News
Quick Hit:
In a bombshell revelation at a White House cabinet meeting, Elon Musk announced that the Department of Government Efficiency (DOGE) had uncovered over $330 million in Small Business Administration (SBA) loans issued to children under the age of 11.
Key Details:
- Elon Musk stated that DOGE found $330 million in SBA loans given to individuals under the age of 11.
- The youngest recipient was reportedly just nine months old, receiving a $100,000 loan.
- SBA has now paused the direct loan process for individuals under 18 and over 120 years old.
Diving Deeper:
At a cabinet meeting held Monday at the White House, President Donald Trump and Elon Musk detailed a staggering example of federal waste uncovered by the newly-formed Department of Government Efficiency. Speaking directly to ongoing efforts to eliminate corruption and abuse in federal agencies, Musk explained that the SBA had awarded hundreds of millions in loans to children—some of whom were still in diapers.
“A case of fraud was with the Small Business Administration, where they were handing out loans — $330 million worth of loans to people under the age of 11,” Musk said. “I think the youngest, Kelly, was a nine-month year old who got a $100,000 loan. That’s a very precocious baby we’re talking about here.”
DOGE’s findings forced the SBA to abruptly change its loan procedures. In a post on X, the department revealed it would now require applicants to include their date of birth and was halting direct loans to those under 18 and above 120 years old. Musk commented sarcastically: “No more loans to babies or people too old to be alive.”
The discovery was just the latest in a series of contract cancellations and fraud crackdowns led by DOGE. According to Breitbart News, DOGE recently canceled 105 contracts totaling $935 million in potential taxpayer liabilities. The agency’s website currently lists over 6,600 terminated contracts, accounting for $20 billion in savings.
The president praised Musk and DOGE for rooting out government inefficiencies, noting his administration was focused on “cutting” people and programs that were not working or delivering results. “We’re not going to let people collect paychecks or taxpayer funds without doing their jobs,” Trump said.
Also during the cabinet session, USDA Secretary Brooke Rollins revealed her department had eliminated a $300,000 program aimed at teaching “food justice” to transgender and queer farmers in San Francisco. “I’m not even sure what that means,” Rollins said, “but apparently the last administration wanted to put our taxpayer dollars towards that.”
These revelations highlight what many conservatives have long suspected—that during prior administrations, including under President Joe Biden, massive amounts of federal funding were funneled into unserious, ideologically-driven projects and mismanaged government programs. Under the Trump administration’s second term, DOGE appears to be living up to its mission: trimming fat, exposing fraud, and putting American taxpayers first.
Business
Cuba has lost 24% of it’s population to emigration in the last 4 years

MxM News
Quick Hit:
A new study finds Cuba has lost nearly a quarter of its population since 2020, driven by economic collapse and a mass emigration wave unseen outside of war zones. The country’s population now stands at just over 8 million, down from nearly 10 million.
Key Details:
- Independent study estimates Cuba’s population at 8.02 million—down 24% in four years.
- Over 545,000 Cubans left the island in 2024 alone—double the official government figure.
- Demographer warns the crisis mirrors depopulation seen only in wartime, calling it a “systemic collapse.”
Diving Deeper:
Cuba is undergoing a staggering demographic collapse, losing nearly one in four residents over the past four years, according to a new study by economist and demographer Juan Carlos Albizu-Campos. The report estimates that by the end of 2024, Cuba’s population will stand at just over 8 million people—down from nearly 10 million—a 24% drop that Albizu-Campos says is comparable only to what is seen in war-torn nations.
The study, accessed by the Spanish news agency EFE, points to mass emigration as the primary driver. In 2024 alone, 545,011 Cubans are believed to have left the island. That number is more than double what the regime officially acknowledges, as Cuba’s government only counts those heading to the United States, ignoring large flows to destinations like Mexico, Spain, Serbia, and Uruguay.
Albizu-Campos describes the trend as “demographic emptying,” driven by what he calls a “quasi-permanent polycrisis” in Cuba—an interwoven web of political repression, economic freefall, and social decay. For years, Cubans have faced food and medicine shortages, blackout-plagued days, fuel scarcity, soaring inflation, and a broken currency system. The result has been not just migration, but a desperate stampede for the exits.
Yet, the regime continues to minimize the damage. Official figures from the National Office of Statistics and Information (ONEI) put Cuba’s population at just over 10 million in 2023. However, even those numbers acknowledge a shrinking population and the lowest birth rate in decades—confirming the crisis, if not its full scale.
Cuba hasn’t held a census since 2012. The last scheduled one in 2022 has been repeatedly delayed, allegedly due to lack of resources. Experts doubt that any new attempt will be transparent or complete.
Albizu-Campos warns that the government’s refusal to confront the reality of the collapse is obstructing any chance at solutions. More than just a demographic issue, the study describes Cuba’s situation as a “systemic crisis.”
“Havana (Cuba, February 2023)” by Bruno Rijsman licensed under CC BY-SA 2.0 DEED.
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