Tag: taxes

Bombshell Whistleblower Testimony: Biden Regime Paying BILLIONS to Facilitate Child Trafficking via Government Contractors

During a round table held by Republican Senators on Tuesday, federal whistleblowers claimed that the Biden Regime is facilitating the trafficking of migrant children via contractors receiving billions of taxpayer dollars.

Deborah White and her colleague Tara Rodes, who are federal employees in the Health and Human Services Unaccompanied Child Program, both testified that the Office of Refugee Resettlement sent thousands of unaccompanied migrant children into potentially dangerous environments after failing to properly vet the sponsors they were being placed with.

According to White, there’s no question: these kids are being trafficked – and the Biden Regime is “complicit.”

From White’s shocking testimony:

“What I discovered was horrifying… Make no mistake – children were not going to their parents they were being trafficked with billions of taxpayer dollars by a contractor failing to to vet sponsors and process children safely with government officials complicit in it.”

In one example, White brought up an alarming case in Florida that involved more than a dozen children linked to one sponsor at multiple addresses.

“Children were sent to addresses that were abandoned houses or non-existent in some cases” she added.

She also talked about another case in which a child was dropped off at an “open field” in Michigan by the HHS contractor. If that wasn’t bad enough, the child was left despite a 911 call coming in around the same area and time. The call reported someone screaming for help.

Rodas followed up White’s bombshell testimony with concerns for the safety of the children at the hands of these unvetted sponsors. As she points out, they could be anyone.

“To place vulnerable migrant children into the hands of sponsors with criminal history, gang affiliation, to whom many aren’t even their parents,” she said.

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In Bid to Bribe Voters Biden Admin Gives $1.7B of Taxpayer Cash to EV Companies in Swing States

The Biden administration’s latest move in its ambitious climate agenda has raised eyebrows across the automotive industry and beyond.

In a sweeping announcement, the Department of Energy (DOE) revealed plans to inject nearly $1.7 billion of taxpayer money into transforming traditional auto manufacturing facilities into electric vehicle (EV) production hubs. This decision comes despite questionable consumer demand and infrastructure readiness for a widespread EV transition.

At the forefront of this initiative are General Motors (GM) and Stellantis, set to receive a whopping $1.1 billion in federal funding.

The DOE claims this investment will modernize 11 plants across eight states, potentially safeguarding 15,000 existing jobs and creating 3,000 new positions.

Energy Secretary Jennifer Granholm framed the grants as a “hallmark of the Biden administration’s industrial strategy,” aimed at revitalizing historical auto manufacturing facilities.

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IRS Crackdown Nets Enough Revenue To Fund the Government for 90 Minutes

The Biden administration’s expensive efforts at beefing up the IRS’ ability to target wealthier Americans with unpaid federal taxes have finally netted $1 billion in additional revenue.

Or, to put it another way, the yearlong campaign has generated enough cash to fund the federal government for…about 90 minutes.

Do the math. The United States spent about $6.1 trillion last year. That translates to roughly $16.7 billion per day or about $700 million per hour. Against the federal government’s insatiable appetite for spending, even unfathomably large figures like $1 billion are reduced to mere rounding errors.

That $1 billion was the result of what the IRS calls “stepped up activity” targeting about 1,600 individuals with incomes of over $1 million and who owed over $250,000 in known tax debt. The $1 billion in new revenue comes from payments made by about 1,200 individuals, according to the IRS.

“Our increased work in this area means these past-due tax bills from high-end taxpayers are no longer being left on the table, like they were too often in the past,” IRS Commissioner Danny Werfel said in a press release.

Of course, everyone should pay the amount of tax that they legally owe—and not one penny more. And, yes, $1 billion in additional revenue brings the federal books marginally closer to balancing.

But this announcement mostly serves to underscore the size of America’s fiscal problems and the utter inability to solve them by closing the so-called “tax gap.” The federal government is on pace to run a deficit of $2 trillion this year and a cumulative deficit of over $20 trillion in the next decade. Closing that gap will require a complete overhaul of the federal budget and a rethinking of the role of government.

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Israel to Ukraine to Bulgaria: Which countries receive US military aid?

The United States is poised to restart the shipment of 500-pound bombs to Israel that were held up earlier this year after a pause on their export following the brutal offensive in Gaza’s southern city of Rafah, officials told multiple media organisations on Wednesday.

In early May, Biden had paused a single shipment of bombs after Israel ordered the evacuation of Rafah on May 6 and the Israeli military began “targeted” ground operations one day later. Since then, United Nations agencies estimate that about a million Palestinians – many of whom have already been displaced multiple times from other areas of Gaza – have been forced to flee from Rafah.

Throughout Israel’s military campaign on Gaza, the US has not only allowed weapons sales to Israel. It has also provided large amounts of other military aid – both financially and, it is believed, through supportive military operations.

In April, US Congress approved a major round of military aid to both Israel and Ukraine. A total of $95bn included $60bn (63 percent) for Ukraine, $26.4bn (28 percent) for Israel and $8.1bn (9 percent) for the Asia Pacific region relating to a possible threat from China.

The US is the world’s biggest provider of military aid. So, what exactly is military aid and which countries benefit the most?

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Gassy cows and pigs will face a carbon tax in Denmark, a world first

Denmark will tax livestock farmers for the greenhouse gases emitted by their cows, sheep and pigs from 2030, the first country to do so as it targets a major source of methane emissions, one of the most potent gases contributing to global warming.

The aim is to reduce Danish greenhouse gas emissions by 70% from 1990 levels by 2030, said Taxation Minister Jeppe Bruus.

As of 2030, Danish livestock farmers will be taxed 300 kroner ($43) per ton of carbon dioxide equivalent in 2030. The tax will increase to 750 kroner ($108) by 2035. However, because of an income tax deduction of 60%, the actual cost per ton will start at 120 kroner ($17.3) and increase to 300 kroner by 2035.

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Problem Plagued Sentinel ICBM Program Will Press Ahead Despite Nearly Doubling In Cost

The U.S. Air Force is pushing ahead with its struggling Sentinel intercontinental ballistic missile (ICBM) program despite a new projected price tag of nearly $141 billion, close to twice the original estimate, and now years of expected delays. The Pentagon says it has assessed that there are no lower-cost, but similarly capable alternatives to Sentinel, which is expected to replace the existing Minuteman III ICBM as one of the three legs of America’s nuclear deterrent triad.

The Office of the Secretary of Defense announced the results of an official review of the Sentinel program today. By law, per what is commonly referred to as the Nunn-McCurdy Amendment, defense programs that see certain levels of extreme cost growth must be canceled unless various criteria are met. Sentinel’s rising price point triggered a breach of the Nunn-McCurdy statute in January. The Air Force also sacked the top officer in charge of the program last month, but said this was “not directly related to the Nunn-McCurdy review,” according to Defense One.

The Air Force currently has some 400 LGM-30G Minuteman IIIs deployed in silos spread across five states.

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New York City mayor defends migrant debit card program as cost efficient and fraud resistant

A pilot program to distribute preloaded debit cards to migrants for food and baby supplies is just that: a pilot and trial run, New York City officials said Tuesday amid backlash to that effort.

“We can take a look at it after six weeks and see what’s working and what’s not,” Deputy Mayor Anne Williams-Isom said at a wide-ranging news conference.

The prepaid cards are intended to be used for groceries, diapers, baby formula and other necessities at local businesses. They’ve invited the condemnation by right-wing news media as simply another benefit for people who entered the country illegally and for the hefty contract involved in the rollout.

“There is no free money. These are not ATM cards. You can’t take cash out,” Deputy Mayor Fabien Levy said at the news conference.

Mayor Eric Adams and top aides also stressed that safeguards are in place to prevent fraud. They said the program saves the city money and prevents food waste.

The program launched Monday with 10 families and the pilot will expand to 115 families. Families of four getting $350 each week on their cards.

The mayor was additionally asked Tuesday if the debit cards send a “mixed message” to migrants crossing the southern border who may have been told both that the city has no room for them and that the government provides shelter and food and other services.

“It sends a mixed message when it’s distorted,” Adams said.

The mayor himself had been set to visit the border beginning Saturday but abruptly nixed the trip.

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IRS Proposes to Directly Accept Tax Payments by Credit, Debit Cards

The Internal Revenue Service (IRS) on July 2 proposed rules changes that would allow taxpayers to directly make tax payments by credit or debit cards.

The IRS currently authorizes three third-party processors to collect tax payments made with credit or debit cards. The federal agency doesn’t charge a fee for this service, but those companies do.

For taxpayers wishing to pay with a credit card, the companies charge a fee that’s a percentage of the payment amount. Those paying with debit cards are charged a flat fee of just over $2.

Two existing restrictions have so far prevented the IRS from directly accepting tax payments by credit or debit cards. One regulation prohibits the IRS from paying any fee to use a third-party service to process taxes paid with credit and debit cards. The other prohibits the IRS from imposing any fee on individuals who pay taxes using those options.

The July 2 proposal would remove both prohibitions. If implemented, it would authorize the IRS to pay a fee to a card issuer or a bank to process a taxpayer’s payment.

By law, the IRS must seek to minimize such a fee. If the IRS does pay a fee, under the proposal, the IRS would pass that burden on to the taxpayer by charging for the “reimbursement” due with their taxes.

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U.S. Will Pay Moderna $176 Million to Develop mRNA Bird Flu Vaccine

The United States government will pay vaccine manufacturer Moderna $176 million to develop a new mRNA vaccine to treat bird flu.

The U.S. Department of Health and Human Services will pay Moderna $176 million for a vaccine containing the same mRNA technology as the company’s COVID-19 vaccine.

Bird flu, or H5N1, has been reported in dairy cows and has infected three people in the United States.

In total, 135 dairy herds have been infected with bird flu in 12 states.

Per AP:

The U.S. government will pay the vaccine maker Moderna $176 million to develop a pandemic vaccine that could be used to treat bird flu in people as cases in dairy cows continue to mount across the country, federal officials announced Tuesday.

The funds are targeted for release through the U.S. Department of Health and Human Services and will pay for continued development of a vaccine that uses the same mRNA technology that allowed rapid development and rollout of vaccines to protect against COVID-19. The award was made through the Biomedical Advanced Research and Development Authority, or BARDA, a program focusing on medical treatments for potential pandemics.

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US provides $2 billion loan to strengthen Polish military

Poland and the United States have inked a direct loan agreement for $2 billion as part of the Foreign Military Financing (FMF) program, announced the Polish Ministry of National Defense (MoD) on Monday.

This marks the second such loan granted by the U.S. government to Poland recently. The FMF funds, which are allocated only to select allies with whom the U.S. maintains close defense collaborations, aim to further enhance Poland’s defense capabilities.

According to the Polish MoD, the acquired funds will be used to purchase American defense systems, specifically air and missile defense capabilities, which are considered a priority for the Polish Armed Forces given the current threats.

The statement highlighted the favorable financial terms of the agreement, reflecting the ongoing development of strategic relations between Poland and the U.S.

The U.S. remains Poland’s principal international partner in the modernization of its armed forces, including the acquisition of Patriot and HIMARS missile systems, Abrams tanks, and F-35 aircraft.

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