Defeat Trump Public date: 16.10.2020 21:22:36

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27 Jun 2020

This Firm Settled a Federal Fraud Suit—Then Got a $45 Million Bailout

On April 15, the Department of Justice announced that it had reached a $41 million settlement with two Florida healthcare providers— and two of its former executives over fraudulent billing claims. This quartet, the government alleged, had for half a decade asked patients to undergo unnecessary urine drug tests solely for the purpose of getting reimbursements under Medicare and Medicaid.
On April 15, the Department of Justice announced that it had reached a $41 million settlement with two Florida...
11 Jun 2020

Trump administration won’t say who got $511 billion in taxpayer-backed coronavirus loans

Federal officials responsible for spending $660 billion in taxpayer-backed small-business assistance said Wednesday that they will not disclose amounts or recipients of subsidized loans, backtracking on an earlier commitment to release individual loan data.
Federal officials responsible for spending $660 billion in taxpayer-backed small-business assistance said Wednesday that...
12 May 2020

Watchdog Demands Probe After Energy Secretary Admits WH Pressed Fed to Give Oil Companies Access to Covid-19 Funds

A watchdog on the congressional committee tasked with overseeing the Trump administration's handling of Covid-19 bailout funds demanded an investigation Tuesday after Energy Secretary Dan Brouillette openly admitted in a television appearance that the White House pressed the Federal Reserve to alter one of its lending programs for the benefit of fossil fuel companies.
A watchdog on the congressional committee tasked with overseeing the Trump administration's handling of Covid-19 bailout...
5 May 2020

Big companies are paying shareholders dividends and laying off thousands of workers

Since the coronavirus pandemic was declared, Caterpillar has suspended operations at two plants and a foundry, Levi Strauss has closed stores, and toolmaker Stanley Black & Decker is planning layoffs and furlough. While thousands of their workers are filing for unemployment benefits, these companies rewarded their shareholders with more than $700 million in cash dividends
Since the coronavirus pandemic was declared, Caterpillar has suspended operations at two plants and a foundry, Levi...
1 May 2020

Small Business Administration funds to public companies top $1 billion

Publicly traded companies have received more than $1 billion in funds meant for small businesses from the federal government’s economic stimulus package, according to data from securities filings compiled by The Washington Post.
Publicly traded companies have received more than $1 billion in funds meant for small businesses from the federal...
23 Apr 2020

McConnell takes flak after suggesting bankruptcy for states rather than bailouts

Senate Majority Leader Mitch McConnell (R-Ky.) drew flak Thursday from governors in both parties after suggesting that states hit hard by the coronavirus outbreak should be allowed to seek bankruptcy protections rather than be given a federal bailout.
Senate Majority Leader Mitch McConnell (R-Ky.) drew flak Thursday from governors in both parties after suggesting that...
14 Apr 2020

Trump announces cutoff of new funding for the World Health Organization over pandemic response

President Trump announced Tuesday that he will suspend payments to the World Health Organization in response to the United Nations agency’s handling of the coronavirus pandemic, as the organization is in the midst of combating a global outbreak that has killed thousands and crippled world economies. Trump’s announcement was expected, as he seeks to deflect blame for his early dismissal of the virus as a threat to Americans and the U.S. economy.
President Trump announced Tuesday that he will suspend payments to the World Health Organization in response to the...
14 Apr 2020

Vast majority of tax provision in coronavirus law goes to millionaires, JCT finds

More than 80 percent of the benefits of a tax change tucked into the coronavirus relief package Congress passed last month will go to those who earn more than $1 million annually, according to a report by a nonpartisan congressional body expected to be released Tuesday.
More than 80 percent of the benefits of a tax change tucked into the coronavirus relief package Congress passed last...
27 Mar 2020

AOC: ‘Shame!’ ‘Greed!’ $2.2 Trillion Relief Bill Provides ‘Crumbs for Our Families’

In her floor speech in the House today, before the chamber votes on the $2.2 trillion relief bill, Rep. Alexandria Ocasio-Cortez (D-N.Y.), a self-described democratic socialist, said the legislation was "shameful" and laced with "greed."
In her floor speech in the House today, before the chamber votes on the $2.2 trillion relief bill, Rep. Alexandria...

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