Commerce Secretary Howard Lutnick cancels ‘unlawful’ $7.4B deal to fund semiconductor research for a nonprofit associated with Biden.
Commerce Secretary Cancels Funding Agreement for Semiconductor Research WASHINGTON – Commerce Secretary Howard Lutnick has terminated the Biden administration’s agreement to distribute substantial funding for semiconductor research via nonprofit organizations, as revealed in a letter obtained by the Post. The 2022 Chips and Science Act allocated $11 billion for semiconductor R&D, which was meant to […]
Purdue Pharma, Sackler family owners agree to landmark $7.4B opioid settlement
Texas Attorney General Ken Paxton announced Thursday that Purdue Pharma and members of the Sackler family are seeking a new deal to resolve thousands of lawsuits alleging that the painkiller OxyContin has sparked a widespread opioid addiction crisis in the United States. announced that they had reached a settlement of $7.4 billion. The settlement ended […]
Biden rolls out another $7.4B in student loan debt ‘forgiveness’ while lawsuits pile up
Biden administration announced Friday will also “cancel” another $7.4 billion in federal student loan debt. 277,000 borrowersin spite of, The ever-growing mountain of lawsuits. The White House says the current administration has approved $153 billion in so-called student loan “forgiveness.” Some of the cancellations were rolled out as part of the Savings on a Valuable […]
Biden Administration Announces $7.4B Student Debt Cancellation
President Joe Biden speaks about his proposed spending on child care and other investments in the “care economy” during a rally at Union Station in Washington, Tuesday, April 9, 2024. (AP Photo/Evan Vucci) James Myers of OAN8:28am – Friday, April 12, 2024 The Biden administration announced it will cancel an additional $7.4 billion in student […]