Tax cheats among recipients of stimulus money
WASHINGTON (AP) â€” Thousands of companies that cashed in on President Barack Obama’s economic stimulus package owed the government millions in unpaid taxes, congressional investigators have found.
The Government Accountability Office, in a report being released Tuesday, said at least 3,700 government contractors and nonprofit organizations that received more than $24 billion from the stimulus effort owed $757 million in… READ MORE
Issa: Obama administration ‘one of most corrupt in modern times’…
CNN’s Gabriella Schwarz
The incoming House Oversight and Government Reform chairman on Sunday tried to clarify his recent remarks to Rush Limbaugh where he called President Obama “one of the most corrupt presidents in modern times.”
Rep. Darrell Issa said he meant to say the Obama administration instead of the president.
“When you hand out $1 trillion in TARP (Troubled… READ MORE
Obama to announce TARP fee on banks on Thursday
WASHINGTON (Reuters) – President Barack Obama will announce plans on Thursday to raise up to $120 billion from major U.S. financial firms to cover expected… READ MORE