A nonprofit published shocking information about Dr. Anthony Fauci’s retirement package, and a day later, suddenly the famed doctor admitted that there may be some validity to the lab leak theory.
Assuming Dr. Fauci retires in 2025 as he’s recently vowed to do, he’ll be on track to earn more money via his pension than President Joe Biden earns via his salary, according to an analysis by OpenTheBooks, a nonprofit that tracks federal spending.
“Today, Fauci earns a federal salary of $480,654 per year. However, by 2024, Fauci will likely be making $530,000 in salary – an increase of nearly $200,000 since 2014,” OpenTheBooks reported Thursday.
“Therefore, we estimate that Fauci’s first year pension payout will exceed $414,000 – more than the salary for the President of the United States ($400,000),” the nonprofit added.
This is, unfortunately, typical for long-serving bureaucrats like Fauci, who’s been with the National Institute of Allergy and Infectious Diseases since 1984.
In fact, Fauci’s been with NIAID for so long that he reportedly out-earns both his boss, NIH head Francis Collins, and her boss, Health and Human Services Sec. Xavier Becerra. Both earn $203,500/year, according to OpenTheBooks.
“Bureaucrats who have worked in government as long as Fauci are able to retire on the vast majority of their annual earnings. The Office of Personnel Management calculates it by taking 80% of an average of the bureaucrat’s three highest-paid years of service, and also letting the worker cash in any unused sick leave. Employees of Fauci’s tenure also get an additional 2% annuity payment every year,” the nonprofit notes.
Thanks to his long tenure as a bureaucrat, Fauci already out-earns everybody in the government, including the president.
“For the second year in a row, Fauci was the most highly compensated federal employee and outearned the president, four-star generals, and roughly 4.3 million of his colleagues. As director of the National Institute of Allergy and Infectious Diseases (NIAID), Fauci earned $434,312 in 2020, the latest year available, up from $417,608 in 2019,” Forbes reported late last year.
Fauci on track for ‘the largest federal retirement package in U.S. history,’ Forbes reports https://t.co/PViCpyxieI
— American Wire News (@americanwire_) December 31, 2021
However, these numbers are just the tip of the iceberg vis-a-vis Fauci’s wealth.
After the bureaucrat called Kansas Sen. Roger Marshall a “moron” earlier this year, the congressman published the doctor’s financial records, and they were stunning.
The records showed that Fauci and his wife, top National Institutes of Health Clinical Center bioethicist Christine Grady, were swimming in over $10.4 million worth of cash by the end of 2020.
An estimated $5.3 million of that wealth was in Fauci’s personal trust account, $2.4 million was in his brokerage trust account, $639,000 was in his IRA, $120,000 was in his wife’s IRA, and $1.96 million was in his wife’s personal trust account.
The records published by Marshall also showed that Fauci likes getting paid to attend fancy events.
“He was paid $5,000 to attend a ‘RFK Ripple of Hope’ virtual awards ceremony in December 2020; $1,600 to attend ‘An Evening of Hope’ virtual event in April 2020; and $1,500 to attend a ‘Prepared for Life’ virtual gala in October 2020,” as reported by the Daily Mail.
“He was also reimbursed $5,198 for costs associated with his being awarded federal employee of the year and being given the Service to America medal, in October 2020. The four events were listed under ‘gifts and travel reimbursements.'”
— Bo Snerdley (@BoSnerdley) January 16, 2022
A day after OpenTheBooks published its report on Fauci’s salary, the doctor made a stunning appearance on Fox News’ “Special Report.”
During the appearance, he admitted for the first time ever — and after having denied it countless times in the past — that the lab leak theory may be legitimate.
“We have an open mind, but it looks very much like this was a natural occurrence, but you keep an open mind,” he said.
It was a very lightweight admission that the theory might be legitimate, but still. For him, it was a breakthrough.
Host Bret Baier pushed back by bringing up the infamous April 2020 emails Fauci had sent in which he’d outright dismissed the theory as “a shiny object that will go away.”
The doctor replied by arguing that he’d had valid reasons for doubting its legitimacy.
He said Baier was “tak[ing] a group of emails when people [were] considering and thinking out loud,” and “stop[ping] there” and not looking at “the weeks of careful examination by those same people who wrote the emails.”
“In the published, peer-reviewed literature, they explain very clearly why they think it’s a natural occurrence. The same people who you stopped at this point, reading the emails, instead of reading the literature,” he added.
That may be so, but there were also valid reasons to suspect that the theory was indeed accurate, but Fauci and crew chose to pretend these reasons didn’t exist. All up until details about his retirement package were published, at which point he suddenly decided to “open” his mind.
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