How Might the Government Avoid Default? Biden Offers Clues.
Posted inBiden, Joseph R Jr Coronavirus (2019-nCoV) Coronavirus Aid, Relief, and Economic Security Act (2020) Democratic Party Federal Budget (US) Fourteenth Amendment (US Constitution) House of Representatives National Debt (US) Republican Party Senate United States Economy United States Politics and Government

How Might the Government Avoid Default? Biden Offers Clues.

After making little progress with Republican leaders at the White House on Tuesday, the president previewed two possible endgames to resolve a debt-limit standoff.
House G.O.P. Eyes Rescinding Unspent Covid Money as Part of Its Fiscal Plan
Posted inCongressional Budget Office Coronavirus Aid, Relief, and Economic Security Act (2020) Federal Budget (US) House of Representatives Republican Party Stimulus (Economic) United States Politics and Government

House G.O.P. Eyes Rescinding Unspent Covid Money as Part of Its Fiscal Plan

Estimates put the amount of leftover money between $50 billion and $70 billion. But even if Republicans could claw it back, it would not make much of a dent in the deficit.
Two Fintech Companies Fueled Extensive PPP Loan Fraud, House Report Finds
Posted inBlue Acorn PPP LLC Coronavirus Aid, Relief, and Economic Security Act (2020) Federal Aid (US) Frauds and Swindling House of Representatives Law and Legislation Small Business Administration Stimulus (Economic) United States Politics and Government Wompy (Oto Analytics Inc)

Two Fintech Companies Fueled Extensive PPP Loan Fraud, House Report Finds

Executives at Womply and Blueacorn, which facilitated millions of Paycheck Protection Program loans, flouted rules and themselves collected improper loans, investigators said.