The U.S. Department of Agriculture has awarded a large loan guarantee to a biofuel company whose investors donated handsome sums to the Obama campaign. Some of them have even visited the White House to discuss federal job-creation efforts. Taxpayers will guarantee a $105 million loan for Fulcrum Sierra BioFuels, a …
A123, the U.S. manufacturer of green-tech batteries that received millions in government aid, today announced a “memorandum of understanding” between it and Chinese auto giant Wanxiang. It totals up to $450 million in a bailout of debt purchasing and other cash infusions that would grant Wanxiang 80 percent controlling interest …
The White House is being very tight-lipped about a staffer who produces videos designed to paint President Obama and his policies in a positive light. Observers note that the videos advance some key themes of the president’s reelection campaign. Both individuals who have worked as the White House’s official videographer …
Former House Speaker Newt Gingrich, who was instrumental in passing welfare reform in the 1990s, blasted President Obama’s attempt to gut the law in a conference call on Wednesday. “Hard-core liberals like Barack Obama were deeply opposed to the bill,” Gingrich said, referring to the Personal Responsibility and Work Opportunity …
The Obama administration boasts that arrests at the U.S.-Mexico border have dropped on its watch. But figures cited by the administration are based on “biased statistics,” according to the president of the National Border Patrol Council, the union representing more than 17,000 U.S. border agents and personnel. “Department of Homeland …
Abound Solar’s June bankruptcy could leave the residents of Weld County, CO, on the hook if court proceedings do not deliver the projected business personal property tax receipts anticipated before the company’s demise. The Greeley Tribune reports: Abound owes more than $950,000 in property taxes this year and will owe …
In the wake of the Supreme Court’s decision that upheld a section of Arizona’s immigration law, several U.S. cities and at least one state have taken jabs at the measure by proposing their own immigration policies. The Supreme Court’s unanimous 8-0 ruling (Justice Elena Kagan did not vote) upholding the …
Voter ID laws have emerged as a major dispute in the months before the 2012 election, pitting the Obama administration against a growing number of states seeking to ensure the integrity of their elections. Two states, South Carolina and Texas, are already engaged in lawsuits with the Justice Department to …
A senior Defense Department official testifying before the House Armed Services Committee last week said implementing sequestration, across-the-board budget cuts set to take effect in January, “would represent a major step toward creation of an unready, ‘hollow’ military force.” Deputy Defense Secretary Ashton Carter, the Pentagon’s second-in-command, told House members that sequestration …
