Report: Senator Ted Cruz got $35 million for billionaire fracking donors in last COVID-19 relief aid
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Featured image: Senator Ted CruzStefani Reynolds / Bloomberg
Just as President Donald Trump criticizes pork in the current COVID-19 relief package, The Wall Street Journal reports that Senator Ted Cruz helped tweak the aid program to get $35 million for Texas billionaire fracking brothers in the last COVID-19 relief package.
The brothers, Dan and Farris Wilks have been prominent, longtime contributors of Ted Cruz.
Increase payments to the people, get rid of the “pork”. https://t.co/jq82qFIyUs Donald J. Trump (@realDonaldTrump) December 27, 2020
ProFrac Holdings owned by the Wilks brothers applied for the loan and received the pandemic aid for $35 million, just as the company was going on a shopping spree, buying small oil and gas companies, The Wall Street Journals Ted Mann and Brody Mullins reports. A critical factor in the loan application was Cruz
Lawmakers across the political spectrum urged President Donald Trump to sign the $900 billion coronavirus stimulus bill passed with bipartisan support last week, as millions of Americans face a loss in benefits.
Trump Says ‘Good News’ Coming as Lawmakers Urge Him to Sign Bill Bloomberg 12/28/2020 Eric Martin
(Bloomberg) Lawmakers across the political spectrum urged President Donald Trump to sign the $900 billion coronavirus stimulus bill passed with bipartisan support last week, as millions of Americans face a loss in benefits.
Sunday evening, after a rare day of being mostly silent on Twitter, Trump posted that “good news” was coming on the Covid relief bill, raising hopes that he planned to sign the legislation he’d criticized for days.
Earlier, Republican Senator Pat Toomey said Trump risked being remembered for creating “chaos and misery” at the end of his term if he takes no action on two crucial and intertwined spending bills and triggers a government shutdown.
Updated Dec. 24, 2020 1:22 pm ET
WASHINGTON The incoming Biden administration is planning a review of the nation’s $1.2 trillion nuclear-modernization program with an eye toward trimming funding for nuclear weapons and reducing their role in Pentagon strategy.
President-elect Joe Biden promised during the campaign to reduce the U.S.’s “excessive expenditure” on nuclear arms and criticized President Trump’s decision to develop new sea-based weapons, including a submarine-launched cruise missile.
The new administration is also likely to review the Pentagon’s decision to develop a new land-based intercontinental ballistic missile, which is estimated to cost more than $100 billion when its warhead is included, some former officials said.