How the U.S. Government Amassed $31 Trillion in Debt
Posted inBiden, Joseph R Jr Bush, George W Federal Budget (US) Medicare National Debt (US) Obama, Barack Recession and Depression Stimulus (Economic) Taxation Trump, Donald J United States Economy United States Politics and Government

How the U.S. Government Amassed $31 Trillion in Debt

Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.
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.