Harris Ends Billion Dollar Campaign $20 Million in Debt, Staffers Not Paid, Trump Offers Assistance
WASHINGTON — Vice President Kamala Harris’s campaign is reportedly facing a debt of approximately $20 million following the recent election, with campaign insiders suggesting the amount could rise as outstanding invoices continue…
Largest Chinese Residential Developer Defaults On Massive Debt
A major credit ratings firm declared that real estate giant China Evergrande was in default on Thursday, creating the potential for the communist country’s financial system to take a significant hit, The…
Senate Clears Way For Democrats To Lift The Debt Ceiling After Agreement Between Schumer, McConnell
A bill that would enable Democrats to raise the debt ceiling without overcoming a Senate filibuster passed the chamber Thursday afternoon with bipartisan support. The debt ceiling provisions were attached to a…
House Passes Defense Bill, Moves To Lift Debt Ceiling After Bipartisan Agreement
The House late Tuesday passed a conferenced version of the National Defense Authorization Act and a bill that could clear a path for the Senate to skirt a filibuster and enable Democrats…
Rashida Tlaib is $70,000 in debt and expects us to take her seriously as a Congresswoman
Rashida Tlaib is now a Congresswoman earning $174,000 per year, gets free medical benefits, an allowance. and still hasn’t been able to pay her student debt. Tlaib said she put herself into…
Owner of Debt Collection Company Pleads Guilty to Corruptly Providing Benefits to Public Official
CHICAGO — The former owner of a debt collection company pleaded guilty today to a federal criminal charge for corruptly agreeing to underwrite certain expenses for a special event hosted by the…
House Approves Debt Ceiling Increase, Temporarily Delaying Nationwide Default
The House on Tuesday voted to lift the debt ceiling by $480 billion, temporarily averting widespread economic calamity after weeks of partisan gridlock and sending the bill to President Joe Biden’s desk.…
Lindsey Graham: ‘We Let Our People Down’ On The Debt Ceiling
Republican Sen. Lindsey Graham of South Carolina expressed regret on Fox News’ “Hannity” Thursday night over Republicans allowing a short-term increase to the federal debt ceiling. “Well, we screwed up,” the South…
‘We Have To De-Weaponize’: Manchin Chides Schumer For Hammering Republicans After Debt Ceiling Vote
Senate Majority Leader Chuck Schumer was quick to disparage Republicans over their opposition to lifting the debt ceiling after the measure cleared a filibuster Thursday evening. Minutes later, Senate Majority Leader Chuck…
Congress Skirts A Nationwide Debt Default After Last-Minute Agreement
The Senate Thursday evening temporarily averted a debt default after passing legislation to extend the debt ceiling and cover the nation’s bills until December. The legislation passed 50-48, a day after Democrats…
Schumer Says Deal Reached To Lift Debt Ceiling, Avoid Nationwide Default
Senate Majority Leader Chuck Schumer announced Thursday that a deal was reached to raise the debt ceiling and avoid a nationwide default. The deal extends the debt ceiling through early December, giving…
Yellen: Raise The Debt Ceiling Or We Will Fall Back Into Economic Recession
Treasury Secretary Janet Yellen said Tuesday that the U.S. could slide back into economic recession if Congress fails to raise the debt ceiling by Oct. 18. “It would be catastrophic to not…
Schumer: Congress Must Raise Debt Ceiling This Week
Senate Majority Leader Chuck Schumer told his caucus Monday that Congress must pass a bill to raise the debt ceiling this week. “Let me be clear about the task ahead of us,”…
House Majority Leader, Senate Majority Whip Contradict Each Other On Debt Ceiling Increase
The no. 2 Democrats in the House and Senate gave contradictory messages about their plan to raise the debt ceiling Tuesday, with one saying that Democrats may have to resort to a…
Yellen Renews Call For Congress To Raise Debt Ceiling As Democrats Mull Other Options
Treasury Secretary Janet Yellen repeated an urgent request for Congress to raise the debt ceiling Tuesday, warning about the potentially devastating consequences of the U.S. defaulting on its debt. Yellen warned that…
Senate Republicans Filibuster Government Funding Bill Over Debt Ceiling Provision With Three Days Until Shutdown
Senate Republicans Monday filibustered Democrats’ bill to fund the government and suspend the debt ceiling, days before a potential federal shutdown and possible debt default. Republicans vowed for weeks to oppose a…
South Florida Phony IRS Tax Debt Negotiator Headed to Federal Prison
Miami, Florida – A Vero Beach woman who stole money from clients she was supposed to be helping resolve federal tax debt was sentenced yesterday in federal court in Miami to 63…
Facebook Becomes Debt Collector For Minority-Owned Businesses
Facebook is spending $100 million to buy up the outstanding invoices of small businesses owned by women, racial minorities, veterans, disabled people and LGBTQ+ people, the company announced last week. The Invoice…
Under Murphy, New Jersey Has Been Rated As “Top Sinkhole State” by Financial Oversight Watchdog
TRENTON, NJ – New Jersey’s state debt has climbed to a staggering $189.6 billion making it the highest taxpayer debt burden in America, according to a new report by Truth in Accounting. …
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