The EPA recently announced another $1 billion flowing into the Biden-Harris administration’s effort to replace all diesel-powered school buses across the country with electric buses. This brings the total spent so far to nearly $3 billion out of the $5 billion program. Vice President Kamala Harris, now the Democratic presidential nominee, was tasked with overseeing […]
Tag: Billions
Billions of dollars lost to Covid fraud & abuse
Years after the passage of federal COVID-era relief and the subsequent loss of likely hundreds of billions of those taxpayer dollars, lawmakers are still unsure where that money went, how to get it back, and seemingly have done little to prevent it from happening again. Federal watchdog and other reports estimate anywhere from $200 billion […]
Biden takes another go at student debt relief
President Joe Biden is taking another shot at student loan cancellation, hoping to deliver on a key campaign promise that he has so far failed to fulfill. In a visit to Wisconsin on Monday, Biden detailed a proposal that would cancel at least some debt for more than 30 million Americans. It’s been in the […]
Organized shoplifting now a billion $$ industry
In a May earnings report, Brian Cornell, CEO of Target, said that a loss of inventory is expected to reduce the company’s profits by more than $500 million compared to the previous year. While he said there were “many potential sources,” theft and organized retail crime were becoming “increasingly important drivers.” The corporate disclosure was […]
Billions of dollars lost in Covid-19 relief grift
Much of the theft was brazen, even simple. Fraudsters used the Social Security numbers of dead people and federal prisoners to get unemployment checks. Cheaters collected those benefits in multiple states. And federal loan applicants weren’t cross-checked against a Treasury Department database that would have raised red flags about sketchy borrowers. Criminals and gangs grabbed […]