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Sen. Rand Paul's ‘Festivus Report’ claims $54B in tax dollars was 'totally wasted'

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"Seinfeld" fans know that the faux holiday "Festivus" is a time for the airing of grievances. Well, this year Sen. Rand Paul’s grievances amount to about $54 billion.

That’s how much tax money the Kentucky Republican argues has been "totally wasted" this year in his end-of-year "Festivus Report," which was unveiled Tuesday. "I got a lotta problems with federal spending," Paul writes in his report, "and now you’re gonna hear about it!" The senator estimates the government wastes about $10,000 per taxpayer per year.

In addition to identifying what he views as waste, Paul also provides suggestions for how the money could have been spent more wisely.

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