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Home News Investigations

LA’s $2.3B Homeless ‘Plan’—A Masterclass in Turning Cash into Cardboard

Del Bacho by Del Bacho
March 28, 2025
in Investigations, News
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LA’s $2.3B Homeless ‘Plan’—A Masterclass in Turning Cash into Cardboard
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An audit revealed this week that Los Angeles has “lost” $2.3 billion in homeless funding.

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POGO no more: Marcos bans offshore gaming in the Philippines

Republicans ask Justice Department to void Biden pardons and EOs over autopen use

PGMN anchor Antonette Aquino breaks down the nationwide impact of the ₱1.7-trillion market collapse

Yes, folks, the same city that gave us $18 avocado toast and a ban on backyard BBQs because smoke is traumatic has misplaced enough cash to build a Death Star.

A Peter Griffin-Level Confessional

The LA Controller’s Office report reads like a Peter Griffin confessional:

“We spent $2.3 billion and we have no idea where it went. But trust us, we’re this close to solving homelessness!”

They’re not.

Since 2016, LA’s homeless population has surged 62%, a stat that pairs nicely with their “investment” in sidewalk tents that double as Airbnbs for rats.

Where Did The Money Go? Let’s Check the ‘Priorities’

The spending spree includes:

  • $683 million on “administrative costs”—translation: woke-adjacent consultants who’ve never met a fidget spinner they couldn’t allocate funds for.
  • $1.2 billion on “services” that sound like rejected GoFundMe campaigns.
  • Needles? Free.
  • Kale salads at outreach events? Covered.
  • Actual housing? LOL, here’s a voucher for a bus ticket to Phoenix.

Compare that to Houston, which reduced homelessness by 63% using boring, right-wing things like data and accountability.

But LA? They’re too busy debating whether to call tents non-permanent domiciles or tiny minimalist studios.

Imagine if Netflix burned $2.3 billion on a Barbie sequel—that’s LA’s homeless policy.

Tags: $2.3Bhomeless fundslos angeles
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Del Bacho

Del Bacho

Del Bacho is a seasoned columnist, fight director, and sports broadcaster with over two decades of experience breaking down the biggest moments in combat sports. Known for his sharp takes and no-BS analysis, he's been ringside for legendary bouts and behind the scenes shaping the action. Now stepping into his next role as GDaddy, he’s seriously trying to bring back that same unfiltered energy for PGMN, just with a little extra wisdom (and maybe a few more granddad jokes).

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