Examining the NewsProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.Do you want to see how legislation that was supposed to be a bailout for our economy ended up committing almost as much taxpayer money to help a relative handful of the non-needy as it spent to help tens of millions of people in need? Then let’s step back and revisit parts of the Coronavirus Aid, Relief and Economic Security Act and look at some of the numbers involved.The best-known feature of the CARES Act, as it’s known, is the cash grant of up to $1,200...…Examining the NewsProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.Do you want to see how legislation that was supposed to be a bailout for our economy ended up committing almost as much taxpayer money to help a relative handful of the non-needy as it spent to help tens of millions of people in need? Then let’s step back and revisit parts of the Coronavirus Aid, Relief and Economic Security Act and look at some of the numbers involved.The best-known feature of the CARES Act, as it’s known, is the cash grant of up to $1,200...WW…

This article was published more than 2 years agoCommentGift ShareWould you spend your days insulting and demonizing a potential lender when you’re running an operation that needs to borrow incredible amounts of money? Would you also be threatening to renege on the debt that you already owe this potential lender?I sure wouldn’t do that, and I can’t imagine that you would, either. But that’s what the Trump administration and its fellow travelers are doing with China.The United States, of course, is running massive budget deficits as part of our attempt to stimulate our economy and limit...…This article was published more than 2 years agoCommentGift ShareWould you spend your days insulting and demonizing a potential lender when you’re running an operation that needs to borrow incredible amounts of money? Would you also be threatening to renege on the debt that you already owe this potential lender?I sure wouldn’t do that, and I can’t imagine that you would, either. But that’s what the Trump administration and its fellow travelers are doing with China.The United States, of course, is running massive budget deficits as part of our attempt to stimulate our economy and limit...WW…

President Donald Trump promised to reduce the national debt but instead increased it. It is now at its highest level relative to the U.S. economy since the end of World War II.Examining the NewsProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.This story was co-published with The Washington Post.One of President Donald Trump’s lesser known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch. The financial burden that he’s inflicted on our government will wreak havoc...…President Donald Trump promised to reduce the national debt but instead increased it. It is now at its highest level relative to the U.S. economy since the end of World War II.Examining the NewsProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive as soon as they’re published.This story was co-published with The Washington Post.One of President Donald Trump’s lesser known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch. The financial burden that he’s inflicted on our government will wreak havoc...WW…

This article was published more than 2 years agoCommentGift ShareOne of President Donald Trump’s lesser-known but profoundly damaging will be the explosive rise in the national debt that occurred on his watch.The financial burden that he’s inflicted on our government will wreak havoc for decades, saddling our kids and grandkids with debt.The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to ....…This article was published more than 2 years agoCommentGift ShareOne of President Donald Trump’s lesser-known but profoundly damaging will be the explosive rise in the national debt that occurred on his watch.The financial burden that he’s inflicted on our government will wreak havoc for decades, saddling our kids and grandkids with debt.The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to ....WW…

This article was published more than 2 years agoCommentGift ShareIt’s totally understandable that covering is sucking up tons of journalistic oxygen. As did the endless chewing over of his But you know what? There are things about Trump other than his covid-19 diagnosis and his debate behavior that matter, too. Things that shouldn’t be forgotten or ignored, and from which we can learn a lot.The case in point: The recent New York Times stories about the that Trump paid — or didn’t pay — both as a private citizen and after moving into the Oval Office.I loved many of the details, which...…This article was published more than 2 years agoCommentGift ShareIt’s totally understandable that covering is sucking up tons of journalistic oxygen. As did the endless chewing over of his But you know what? There are things about Trump other than his covid-19 diagnosis and his debate behavior that matter, too. Things that shouldn’t be forgotten or ignored, and from which we can learn a lot.The case in point: The recent New York Times stories about the that Trump paid — or didn’t pay — both as a private citizen and after moving into the Oval Office.I loved many of the details, which...WW…