Tag: Trump kelptocracy

‘Stealth bailout’: Big Oil taking $1.9 billion in CARES Act tax breaks aimed at helping small businesses

AlterNet logoSen. Bernie Sanders was among critics outraged that the fossil fuel industry is using tax breaks in the CARES Act meant to help businesses keep workers employed to avoid paying millions of dollars in taxes—and then delivering that money to executives.

“Good thing President Trump is looking out for the real victims of the coronavirus: fossil fuel executives,” Sanders tweeted sarcastically Friday.

Reporting Friday from Bloomberg News showed that “$1.9 billion in CARES Act tax benefits are being claimed by at least 37 oil companies, service firms, and contractors”—what watchdog group Documented senior researcher  Jesse Coleman described as a “stealth bailout” of the climate-killing industry. Continue reading.

Donald Trump Has Spent A Lot Of His Presidency At Trump-Owned Properties

The following article by Marina Fang was posted on the Huffington Post website December 26, 2017:

Ethics groups have said that his visits to his golf clubs and hotels create the appearance of promoting his private businesses while holding public office.

President Trump arrives back at the White House yesterday after playing golf at his club in Sterling, Va. (Andrew Harnik/AP)

President Donald Trump is spending the holidays at his Mar-a-Lago resort in Florida, continuing a pattern that has created questions of conflicts of interest.

Trump began his day at Mar-a-Lago on Tuesday, then headed to his nearby golf club, according to a White House pool report. This marks his 85th day at a golf club and 111th day at a Trump-owned property since taking office, according to NBC News, which is among several news organizations that have tracked the president’s time visiting his golf clubs and hotels. Continue reading “Donald Trump Has Spent A Lot Of His Presidency At Trump-Owned Properties”

Mnuchin’s military flights exceed $800K

The following article by Julia Manchester was posted on the Hill website October 5, 2017:

Credit:   Pablo Martinez Monsivais/AP Photo

Treasury Secretary Steven Mnuchin‘s flights on military aircraft since March have cost $800,000, according to a report from the department’s inspector general.

The secretary has made nine requests to use military aircraft since assuming his position in the administration earlier this year, including a request for when he travels to the Middle East this month.

However, the report did not find any instances in which Mnuchin used military aircraft for private travel. Continue reading “Mnuchin’s military flights exceed $800K”