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 […]
Three Mile Island Owner Seeks $1.6B Federal Loan Guarantee for Microsoft AI Deal
Constellation Energy to help finance plans to restart Pennsylvania's Three Mile Island nuclear power plant and sell power exclusively to Microsoft to power the tech giant's AI data center , is seeking a $1.6 billion federal loan guarantee. of washington post report The owner of the shuttered Three Mile Island nuclear power plant says it […]
Judge reinstates Biden’s student loan forgiveness plan just in time for the election
A federal judge reinstated the Biden administration's plan to forgive billions of dollars in student loans just before the election. President Joe Biden's loan plan had been blocked by a temporary restraining order over lawsuits by Republican attorneys general in seven states, including Florida, Georgia and Ohio. The lawsuit accused the Biden administration of overstepping […]
Biden student loan forgiveness plan gets win in Georgia court
President Biden's student debt relief plan was granted a victory this week by a Georgia judge, who removed one Republican challenger and allowed the plan to move forward for now after a temporary restraining order expires. U.S. District Judge J. Randall Hall said Wednesday that Georgia has enough access to Biden's $73 billion student loan […]
Last pandemic-era student loan benefit ends even as borrowers struggle to make payments
The last of the pandemic-era student loan benefits will be wiped out, cutting off four years of extra aid for borrowers, but advocates say it was never actually enough. The Biden administration's “infusion of capital” over the past year ended in early October, and borrowers will now be subject to penalties for missing payments. Advocates […]