The Federal Emergency Management Agency on Monday defended its push to collect $3.9 billion in claims from PG&E Corp. for the relief it provided after the utility’s power lines sparked devastating wildfires. Wildfire victims have been fighting the payments to …
American International Group on Monday repaid $972 million to the U.S. Treasury. The latest repayment brings the insurance giant’s outstanding balance from the 2008 taxpayer-funded bailout down to roughly $68 billion. The government provided AIG with $182 billion at the …
The White House estimated on Monday that Hurricane Irene will cost federal taxpayers $1.5 billion in disaster relief, further ballooning a government account that was already the focus of fresh partisan friction between President Barack Obama and Congress. The preliminary …
Illinois taxpayers will have to pay more than $128,000 because a state employee didn’t get the telephone headset she asked for, according to a published report Sunday. The Belleville News-Democrat, citing workers’ compensation records, reported a prison finance clerk had …