Massive Deficit Spending Greenlights Waste, Fraud, Profiteering and Dysfunction

President Donald Trump is expected to sign on Tuesday a massive relief and federal spending package passed by Congress late Monday that authorizes major port expansion projects and opens $1 billion in funds for harbor maintenance dredging. read more.....»»

Congressional leaders have hashed out a massive, year-end catchall bill that combines $900 billion in COVID-19 a.....»»

Congressional leaders have hashed out a massive, year-end catchall bill that combines $900 billion in COVID-19 a.....»»

Saul Loeb/AFP House Democrats unveiled a massive spending plan that includes another round of $1,200 stimulus checks.....»»

New spending and falling tax revenue have made April 2020 one of the worst months in America’s fiscal history......»»

The United States on Tuesday reported a record $738 billion budget deficit in April as an explosion in government spending and a shrinking of revenues amid the novel coronavirus pandemic pushed it deeply into the red......»»

With Americans growing more cautious about their spending habits in the wake of layoffs and pay cuts, experts caution that small businesses should brace for a rise in “friendly fraud.”.....»»

With Americans growing more cautious about their spending habits in the wake of layoffs and pay cuts, experts caution that small businesses should brace for a rise in "friendly fraud."  .....»»

A lawsuit filed by David Silver on behalf of Massive Adoption attendees alleges fraud, unjust enrichment and breach of contract on the part of organizer Jacob Kostecki after they did not receive refunds for the canceled crypto conference......»»

The U.S. trade deficit widened by almost 12% in March as the coronavirus pandemic caused massive disruptions in commerce, grounded international flights and froze the global tourism industry......»»

A nationwide business shutdown and surge in U.S. government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year as the country combats the coronavirus pandemic, congressional forecasters said on Friday......»»

Top Elections Lawyer: Vote-By-Mail Is "T.....»»

The Woodlands-based Western Midstream Partners LP (NYSE: WES) is joining the energy-related companies making several cuts to help weather the Covid-19 pandemic and massive oil and gas downturn. Combined, the cuts are expected to save the master limite.....»»

Associated Press Tourist spending across Europe fell by 68......»»

With the city of Cincinnati facing massive deficits, Cincinnati cannot afford to subsidize infrastructure around the FC Cincinnati stadium, a councilman said, and none has been spent so far......»»

The federal government’s massive stimulus to cushion Americans and businesses from the coronavirus is forecast to swell the U.S. federal budget deficit by $1.6 trillion during this fiscal year, the Congressional Budget Office said Thursday......»»

The federal government’s massive stimulus to cushion Americans and businesses from the coronavirus is forecast to swell the U.S. federal budget deficit by $1.6 trillion during this fiscal year, the Congressional Budget Office said Thursday......»»

Teddy Pieper © 2019 Courtesy of RM Sotheby's An Elkhart, Indiana-based businessperson was accused of fraud exceeding $100 million .....»»

Reuters/Stephen Lam Elizabeth Holmes dropped out of Stanford University at 19 to start blood-testing startup Theranos, and grew the comp.....»»

The United States racked up a $744 billion budget deficit in the first half of fiscal 2020, up 8% from a year earlier, the Treasury said on Friday, ahead of an expected April spending explosion and withering of revenues amid the coronavirus pandemic......»»