Los Angeles seeks $80M loan as city is ‘growing broke’ amid lawsuit judgment payouts
The city of Los Angeles is heading toward bankruptcy, and city officials hope to solve the problem by borrowing a whopping $80 million. One report says city officials are spending millions of dollars overspending, at least $215 million over budget for the fiscal year that begins July 1. financial analysis It was first reported that […]
Harris-Biden admin extends student loan repayment freeze
The Harris-Biden administration on Monday extended the federal student loan forgiveness period pending the outcome of a legal challenge to the debt cancellation plan. Almost 8 million borrowers are enrolled in the government's Savings for Education program. [SAVE] It was first reported that the extension would allow plans to waive monthly payments for at least […]
SBA disaster loan program is out of money, says Biden
President Biden said Tuesday that a key federal program that provides disaster loans to businesses and homeowners is leveraging funds in the aftermath of the back-to-back hurricanes. Biden said in a statement first reported. washington post He said the Small Business Administration's disaster loan program was a “critical lifeline for small businesses, homeowners and renters […]
Orbán Gives Trump Negotiating Room by Delaying Ukraine Aid Loan
Populist Hungarian Prime Minister Viktor Orbán has taken a stab at globalists' plans to increase funding for the Ukraine war, aiming to gain leverage in negotiations if Donald Trump returns to the White House. Ta. Former President Donald Trump has long vowed to seek to end the bloody conflict in Europe if he wins the […]
SBA disaster loan fund running low
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} View Online business and economy business and economy Full text Former longtime Chamber of Commerce CEO Tom Donahue dies Tom Donahue, who led the U.S. Chamber of Commerce for more […]
Michael Moore Pushes Biden to Cancel All Student Loan Debt, Abolish Death Penalty in Final Months as President
Filmmaker Michael Moore has urged President Joe Biden to use his final months in the White House to shift all student loan debt to American taxpayers, abolish the federal death penalty, and support Israel. It seeks to forcefully advance its far-left agenda, which includes halting all military aid. . Michael Moore listed “Joe's bucket list” […]
Key disaster loan program 'quickly exhausting' funds after hurricanes
Officials warn that a key federal program that provides disaster loans to businesses and homeowners is severely underfunded in the aftermath of a series of hurricanes, increasing pressure on Congress to return to Washington. I am doing it. The Small Business Administration (SBA) has about $50 million left in new disaster loans and will run […]
Trump announces he would make car loan interest deductible, end double tax on foreign income
Former President Donald Trump on Thursday pledged to make interest on car loans fully tax deductible and end double taxation for Americans living abroad during his second term. Critics have warned that the plan would raise prices and leave a big hole in the federal budget deficit. “Today, as part of the tax cuts, I'm […]
FACT CHECK: Are The $750 In FEMA Grants For Hurricane Victims Actually a Loan?
Posts about facebook Hurricane Helen victims claim $750 in government aid they are receiving from the Federal Emergency Management Agency (FEMA) is a loan. Verdict: False The money victims receive is in the form of grants, not loans. Fact check: FEMA officials announced that approximately $344 million worth of aid has been distributed to areas […]
EV Charging Company Wins $1.1 Billion Federal Loan Guarantee as Helene Victims Suffer
Shares of electric vehicle charging company EVgo Inc. rose by the most in more than three years after the company secured a major loan deal from the U.S. government. Meanwhile, Helen's victims are struggling in the face of meager FEMA aid. bloomberg report Los Angeles-based EVgo Inc. announced Thursday that it has received up to […]