Government Spending

Lifestyle

Feds indict Massachusetts man who allegedly faked his own death amid PPP fraud charges

A grand jury has indicted a Massachusetts man who allegedly faked his own death to avoid prosecution for fraudulently seeking hundreds of thousands of dollars in forgivable loans intended for businesses struggling during the coronavirus pandemic, while his accomplice has agreed to plead guilty in connection with the alleged crime, officials recently announced.

Money

USPS by the numbers: Agency heading for insolvency in late 2021

The current controversy over the U.S. Postal Service's lack of resources and Postmaster General Louis DeJoy's cost-cutting measures are based on suspicion that service changes are meant to impair mail-in voting, but the USPS 2019 annual report to Congress shows that in reality, they are nearly at the point of insolvency.