Congress is investigating ‘California’s state of unemployment’

Rep. James Comer, R-Ky., has asked the California Department of Employment Development to provide information about widespread fraud that has plagued the state’s efforts to administer federal benefits. . WASHINGTON California’s unemployment system, which has been plagued by billions of dollars in fraud involving COVID-related benefits, is being investigated by the Republican-led House Oversight and … Read more

George Santos Now Says $500K Campaign Loan Was Not Raised From His Own Money

Representative George Santos made an important revision to his 2022 filings on Tuesday by specifying that a $500,000 loan he took out to the campaign was not from his own funds. The original filing from September included a check box stating that the majority of the loan came from the “personal funds of the candidate”. … Read more

According to representative George Santos, $500,000,000 loan campaign by ‘the people’.

Rep. George Santos (R-NY) is under fire over an earlier allegation that he loaned his campaign hundreds of thousands of dollars in personal funds, filings Tuesday with the Federal Election Commission show. The fake Long Islander isn’t telling the government where the six-month loan came from, but it didn’t come from his nest egg, according … Read more

A Closer Look At Forthcoming Tax Guidance On Electric Vehicle Credits

Electric Car Charging At Power Station – New alternative power energy concept getty Instead of meeting the statutory deadline for proposed rules on the critical mineral and battery component requirements of section 30D, Treasury and the IRS released a white paper previewing their plans for the proposed guidance and indicating that they plan to issue … Read more

US will reach its debt limit Thursday, start taking steps to avoid default, Yellen warned Congress

Treasury Secretary Janet Yellen on Friday informed Congress that the US legal credit limit Next Thursday. After that, the Treasury Department this month will begin “taking specific measures to protect the United States from defaulting on its obligations,” Yellen wrote in a letter to the new Speaker of Kevin McCarthy, R-Calif. The Treasury Department “is … Read more