It is a drop in the ocean. But, hell, the tax credit is a waste of public money and should be scrapped.

这笔税收扣减犹如沧海一粟，但毕竟是在浪费公众的钱，应该被削减。

youdao

The project was denounced as a scandalous waste of public money.

这项工程被斥责为挥霍公款，令人愤慨。

《牛津词典》

There has been a colossal waste of public money.

一直有巨大的公款浪费。

《柯林斯英汉双解大词典》

Unions and some politicians have said PFI is a waste of public money.

BBC: Cornwall

This, if true, is not only unfair, but a waste of public money.

ECONOMIST: Peer review

Pembrokeshire council has labelled the legal challenge a waste of public money.

BBC: NEWS | UK | Wales | South West Wales | New twist in school closure fight