Earlier quoted context omitted.
There is waste. A God awful amount of waste, fraud, and abuse. You don't rack up a 1.8 trillion deficit and a debt per capita that is 7x the income per capita without waste, fraud, and abuse. The problem is that while common sense would dictate those nonsensical expenses as such, they were part of the official process, so it was all legalized, so they avoid the FWA labels because the rule writers have made it so.
The problem with your argument is that Social Security (old people income), Medicare (old people healthcare) and interest on the national debt account for fully one half of total federal spending. Add in national defense and you reach two thirds. Interest is trivially accounted for. We know how much debt is outstanding. Social Security and Medicare expenditures are well within 5% of what should be expected, given the…
Of course in proper propagandist fashion, we only ever hear about how much money the undeserving poors got, and nothing about the millions upon millions of dollars in loans given to private businesses and their owners that were definitely, 100% used for them to weather the pandemic, and later forgiven despite being explicitly loans.