At a hearing before a House committee on Wednesday, the Environmental Protection Agency's internal watchdog warned lawmakers that the agency's recent surge in funding — part of President Biden's climate policy spending — comes with "a high risk for fraud, waste and abuse."
The EPA — whose annual budget for 2023 is just $10 billion — has received roughly $100 billion in new, supplemental funding through two high-dollar pieces of legislation, the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. The two new laws represent the largest investment in the agency's history.
