Free Republic

Representative Jamie Raskin (D-MD) said Friday on MSNBC’s “The ReidOut” that former President Donald Trump owed his testimony to the House Select Committee investigating the riot at the U.S. Capitol on January 6, 2021. Raskin said, “Well, first of all, the public record as you’ve just shown it with the tweets, with his statements makes very clear what Donald Trump was up to. The whole name of the game was to put coercive pressure on Pence to ‘do the right thing’ by which Trump meant step outside of his constitutional role and declare unilateral unconstitutional powers to reject the electoral...

Says She Worked Out Payment Plan With Feds Democrat Stacey Abrams owes more than $50,000 to the Internal Revenue Service and about $170,000 more in credit card and student loan debt, according to personal financial disclosure documents the candidate for governor released this week. The documents show Abrams, a former House minority leader, has a net worth of about $110,000 that includes a recent $150,000 advance for an upcoming book on leadership. The campaign said in a statement that Abrams deferred her tax payments in 2015 and 2016 because she was helping to pay her family’s expenses and that she...

“Historians and pundits always say that the first real decision a governor makes is the one of running mate,” Cuyahoga County Executive Ed FitzGerald, Ohio Democrats’ likely nominee for governor next year, wrote to supporters when he announced he had chosen state Sen. Eric Kearney (D) as his running mate. FitzGerald may be starting to wish voters weren’t paying attention to his first gubernatorial decision. That’s because, in the two weeks since joining the ticket, Kearney has been under almost constant barrage for owing back taxes to the Internal Revenue Service. And the campaign’s response to the revelations about their...

When all the General Motors common stock in its initial public offering changes hands, the U.S. government will wind up $26.4 billion short of getting back the $50 billion it gave GM to get it through bankruptcy last year. But it also will have about 500 million shares left to sell. That means there's a possibility of recouping most, if not all, of the money. Here's how the numbers work: Original bailout: $50 billion. GM repaid loan portion, $6.7 billion. GM to buy back government preferred shares: $2.1 billion. GM repayment of government interest and dividends: $700 million. Total repayment...

City still owed $1.7M for Obama rally February 20, 2009 (CHICAGO) (WLS) -- The cost of President Barack Obama's Election Day celebration in Grant Park totaled more than $1.7 million, and the city has yet to be paid. The Office of Budget and Management says the city is reaching out to the Democratic National Committee to get the money. A DNC spokesperson said the party is still looking at various costs and bills. In October, Chicago Mayor Richard Daley said the cash-flush Obama campaign would reimburse the city for the total cost of the rally.

BILLINGS, Mont. – Bankruptcy Court documents show Montana's exclusive Yellowstone Club resort for the ultra-rich owes more than $343 million to creditors ranging from banks to local contractors. The residential club, which includes a members-only ski hill on 13,400 acres in the Gallatin Mountains, filed for federal Chapter 11 bankruptcy protection on Monday, along with three related companies. The move followed what critics described as a spending spree in recent years by the club's founders, Tim and Edra Blixseth, even as the luxury real estate market stagnated. That included the purchase of at least four foreign estates and fleets of...

WASHINGTON - Taxpayers who have fallen behind on their paperwork — way, way behind — have a $2 billion incentive to get caught up. The IRS owes more than $2 billion to more than 1.7 million people who never filed tax returns for 2002. Half could get checks worth more than $570. To collect the refunds, taxpayers must file a 2002 tax return before this year's April 17 filing deadline. The IRS urges taxpayers to check their records and seize the opportunity to claim their money. "We want people to get the refunds they're entitled to," IRS Commissioner Mark Everson...