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9 Years In Prison For $1.6M COVID Fraud Spent On Lamborghini & Strip Clubs
A Texas man was sentenced today to more than 9 years in prison for fraudulently obtaining more than $1.6 million in Paycheck Protection Program (PPP) loans made available due to the pandemic. Continue reading “9 Years In Prison For $1.6M COVID Fraud Spent On Lamborghini & Strip Clubs”
Senate & House Approve COVID Stimulus Blueprint

The House gave final approval on Friday to a budget blueprint that included President Biden’s $1.9 trillion stimulus plan, advancing it over unanimous Republican opposition as Democrats pressed forward with plans to begin drafting the aid package next week and speed it through the House by the end of the month.
Senate leaders could begin working on their own bill in hopes of delivering a final package to Mr. Biden’s desk before supplemental unemployment benefits are set to expire in mid-March.
Jen Psaki, the White House press secretary, cited poll numbers showing bipartisan support among American voters for the plan, brushing aside criticism the White House was sacrificing bipartisan solidarity for partisan celerity.
“He didn’t run on a promise to unite the Democratic and Republican Party into one party in Washington,” she said in her Friday briefing at the White House.
While the budget reconciliation approach will allow Democrats to pass the legislation without Republican votes, Biden has signaled he is open to some adjustments to the legislation including targeting direct payments of $1,400 to lower income and middle income Americans. The Senate also agreed to a proposal prohibiting an increase in the minimum wage during the pandemic. Biden’s plan hoped to raise the federal minimum wage to $15 per hour by 2025.
After an all-night session, Vice President Kamala Harris breaks a tie at 5:30 a.m., approving the Senate budget resolution by a 51-50 vote and paving the way for Biden’s $1.9 trillion coronavirus relief package to pass without Republican votes next month.pic.twitter.com/9dGoaYZD9a
— Keith Boykin (@keithboykin) February 5, 2021
Biden Signals Support For Targeting Stimulus Checks To Low- & Middle-Income Families

Biden and Democratic leaders in Congress argue a third round of stimulus checks is necessary to ensure people who have lost their jobs or taken a pay cut still have enough money to buy food, pay rent and get the medical care they need during a pandemic. But the White House has signaled the president is willing to narrow who gets them, sending checks only to low- and moderate-income families this time around.
Individuals with incomes up to $50,000 would get the full $1,400 payment. Heads of household earning up to $75,000 would also qualify, and married couples with earnings up to $100,000 would get a $2,800 payment. (Past stimulus checks were based off of “adjusted gross income,” and that is likely to be the same again).
Additionally, parents of children would receive an additional $1,400 per child. That means a family of four would receive $5,600. Read the full report at the Washington Post.