Tag Archives: Money

President Joe Biden promoted the $1.2 trillion bipartisan infrastructure plan in La Crosse, Wisconsin, on Tuesday. “After months of careful negotiation of listening, compromising together and in good faith, moving together with ups and downs and some blips, a bipartisan group of senators got together and they forged an agreement …

Texas House Democrats are asking the state’s Supreme Court to overturn Gov. Greg Abbott’s veto of a budget provision that funds the Legislature, charging that his action was unconstitutional. The suit argues that Abbott’s veto, which could lead to about 2,000 legislative staffers not being paid for two years, violates …

The Trump Organization is suing New York City for canceling a contract with Trump Golf Links at Ferry Point in the Bronx. The lawsuit accuses the city’s Mayor Bill de Blasio of terminating the contract after the deadly January 6 attack. “Mayor de Blasio has a preexisting, politically based predisposition …

Democratic Congress members are pushing for an increase in funding for high-speed rail in President Joe Biden’s $2.3 trillion infrastructure package. The current proposal includes an $80 billion investment in rail projects, although experts say most of that would go to update existing Amtrak lines versus new investments in rail. …

An Intelligence Committee official has confirmed to CNN that prosecutors in the Department of Justice (DOJ) subpoenaed Apple for data on House Intelligence Committee Democrats during President Donald Trump‘s administration. “The Committee has continued to seek additional information, but the Department has not been forthcoming in a timely manner, including on …

A report from ProPublica, an investigative newsroom, reveals that the richest 25 people in the United States have a “true tax rate” of almost nothing. The nonprofit organization received IRS data from an unidentified source. “Looks like the biggest tax story of the year, if not the decade,” Gabriel Zucman, …

The Department of Justice has opened an investigation into Trump-appointed USPS Postmaster General for campaign contributions. Postmaster General, Louis DeJoy, is being investigated by the Federal Bureau of Investigation for political donations made while he was CEO of a private logistics company. “Mr. DeJoy has learned that the Department of …

President Joe Biden’s administration is suspending oil and gas drilling in Alaska’s Arctic National Wildlife Refuge. Former President Donald Trump activated the lease before leaving office. All activities were suspended in the Alaskan region on Tuesday by Secretary Deb Haaland until a comprehensive analysis about the impact of drilling is …

President Joe Biden announced Monday at the Federal Emergency Management Agency’s headquarters that he would be doubling the funding for hurricane preparedness. Biden visited the Federal Emergency Management Agency, or FEMA, headquarters to announce the increase in funding from $500 million to $1 billion. “We all know that the storms …

Florida is the latest state to end the Federal Pandemic Unemployment Compensation Program. The Department of Economic Opportunity announced that the state would discontinue the program at the end of June. Florida is the 23rd GOP-led state to end the benefit. A total of 4 million laid-off Americans will forgo roughly …

White House Secretary Jen Psaki announced on Friday that a counteroffer for President Biden’s infrastructure and jobs package was presented to Republican lawmakers by White House officials. The revised proposal reduces the cost from $2.25 trillion to $1.7 trillion. “In our view, this is the act– the art, I should …

Joel Greenberg, a former associate of Florida Republican Representative Matt Gaetz and former Seminole County, Florida tax collector, plead guilty to six federal charges in court on Monday morning. Greenberg admitted to a federal judge that he knowingly solicited and paid a 17-year-old girl for sex. Greenberg struck a deal …

Monthly payments for the child tax credit will start processing on July 15. About 39 million households will receive automatic payments. The advance child tax credit program is part of the Biden administration’s $1.9 trillion economic aid package called the American Rescue Plan that was passed in March “The American …

A former associate of Republican Representative Matt Gaetz, Joel Greenberg, has made a deal with federal prosecutors to reduce his criminal case and provide information to investigators. Joel Greenberg, a former Seminole County, Florida, tax commissioner, who was looking at being behind bars for decades on 33 federal counts that ranged …

Republican-led states are ending increased unemployment benefits. West Virginia and Alaska are the latest states to end the supplemental unemployment benefits provided by the federal government. Officials in GOP-led states claim the $300 increased benefits are a disincentive for people to return to work, leading to workforce shortages as businesses …