Biden Accused of Stealing Money from School Children

A Texas official has just accused Democrat President Joe Biden of stealing money from school children in the state.

The accusation comes from Texas Land Commissioner Dawn Buckingham.

Buckingham detailed her accusation in a message that she posted to her X account last week.

According to Breitbart, Buckingham is taking issue with the Biden administration’s decision to block new exports of liquid natural gas.

Accordingly, Buckingham has filed a lawsuit to end to this policy.

Breitbart reports:

“The lawsuit states this will increase methane emissions and reduce or eliminate critical economic benefits, including jobs, infrastructure updates, and long-term development.”

In the lawsuit, each point is taken in turn.

For example, it states that “the oil and gas industry supports more than 2.5 million jobs statewide, many of which are high-paying and bolster the economy in rural areas of Texas.”

In the lawsuit, Buckingham concludes:

“In light of these facts, it’s unconscionable that our own federal government would take such drastic steps with the goal of shutting down this thriving industry.”

Buckingham, also, specifically accuses Biden of stealing from school children.

“Biden’s move to halt these exports will steal money from Texas school children,” she wrote.

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Breitbart News explains the accusation, reporting:

“The Texas General Land Office deposited more than $30 billion into the state’s Permanent School Fund since its inception, the commissioner stated in the lawsuit.

“During the last fiscal year (September 1, 2022, to August 31, 2023) energy production in Texas resulted in $339 million in natural gas revenues for the fund.”

According to Buckingham, the Biden admin’s decision to stop liquid natural gas exports will take this money away from the Permanent School Fund.

Therefore, it takes money away from the children who benefit from the fund.

Buckingham, in her own words, says that the export ban will “hamstring Texas’s ability to maximize revenue for the Permanent School Fund.”

Texas has been joined by 15 other states in this lawsuit against the Biden administration.

The lawsuit is taking place in the Western District of Louisiana.

The Biden admin, at the time of this writing, has not responded to Buckingham’s allegations.

READ MORE – Nancy Pelosi’s Son Paul Jr Avoids Federal Fraud Charges in San Francisco Property Scam

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By Nick R. Hamilton

Nick has a broad background in journalism, business, and technology. He covers news on cryptocurrency, traditional assets, and economic markets.

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