The Golden Horseshoe is a weekly designation from Just the News intended to highlight egregious examples of wasteful taxpayer spending by the government. The award is named for the horseshoe-shaped toilet seats for military airplanes that cost the Pentagon a whopping $640 each back in the 1980s.
This week, our award is going to the federal government for spending nearly $80 million of taxpayers’ money in 2020 on the Kennedy Center for the Performing Arts, which has been shuttered due to COVID-19 for most of the past year.
The Kennedy Center has for many decades fulfilled the dual role of living memorial to President John F. Kennedy, who was assassinated in 1963, and active cultural center for the arts in the nation’s capital.
Since 2016, the Kennedy Center has received just under $270 million in federal funding. The center has a unique financial relationship with Congress. By law, it receives federal funding each year, despite being 80% privately funded for the past half-decade. It is also a 501(c)3 organization, meaning it is allotted certain tax exemptions by the Internal Revenue Service.
Palm meet forehead then rake down across face.
Repeat Repeat Repeat.
Just another Democrat owned entity like the Fake News !!! Have to keep it ready for their parties !!!
Democrats Kept all that for themselves !!! Diverting the $$$$$$ to them !!! Pelosi gets a new JET plane !!!
Oh, the Virus Superspreader for Democrats will be open soon !!!