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Trump barred from operating business, ordered to pay over $350 million in NY civil fraud case
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Trump will 'of course appeal' decision, his lawyer says
Former President Donald Trump was barred from operating his business in New York for three years and was found liable for more than $350 million in damages in the civil fraud case brought against him, his family and the Trump Organization by New York Attorney General Letitia James.
New York Judge Arthur Engoron handed down his ruling Friday after a months-long trial beginning in October and stemming from James' lawsuit alleging the former president inflated his assets and committed fraud.
Engoron ruled that Trump and defendants were liable for "persistent and repeated fraud," "falsifying business records," "issuing false financial statements," "conspiracy to falsify false financial statements," "insurance fraud," and "conspiracy to commit insurance fraud."
The judge also barred Donald Trump Jr. and Eric Trump from serving as an officer or director of any New York corporation or legal entity in New York for two years. Read More
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- Lord we pray for truth and justice to overturn this decision. We ask for Your almighty hand to be upon those members of the court to consider what is fair and righteous. We pray for the Trump family and protection from those who seek vengeance in this case. May Your grace and mercy forever reign.
- Beloved, do not avenge yourselves, but rather give place to wrath; for it is written, “Vengeance is Mine, I will repay,” says the Lord.
(Romans 12:19)
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Congress doesn't start from scratch on spending. Congress starts with numbers based on what it is already spending. Any changes to that, no matter how reliable the basis, becomes the new baseline for future calculations.
Recent bicameral negotiations between House and Senate tax committee chairmen resulted in a tax bill that has passed the House. In the Senate, early in the public phase of tax bill discussions, Senator Tillis took issue with the accounting related to eliminating one particular policy, the Employee Retention Tax Credit (ERTC), as being a basis of justifying “paying for” spending elsewhere because the tax credit itself was never “paid for” in the first place.
This week, Senator Tillis took to the Senate floor to make the point. Originally, the policy was expected to leave “$55 billion remaining in the private sector.” However, due to fraud the “cost” to Federal revenue ballooned to $86 billion. Now, in repealing the credit, the budget arbiters are giving Congress credit for “saving” $78 billion. Senate tax committee chairman Wyden responded by touting all the policies “paid for” by eliminating a program he himself identified as being overly expensive because “95 percent of the current claims are fraudulent.”
Their debate is not over getting rid of fraud. Their debate is over pretending that eliminating a relatively new source of fraud “pays for” spending elsewhere.
Wyden went on to invoke the Joint Committee on Taxation, “the official nonpartisan experts” saying “we kind of use them as the gospel before everybody starts running around and twisting the politics.” Then, the “gospel” declaration: “The Joint Committee on Taxation tells us that cutting off the ERTC claims pays for nearly the entire tax bill that Chairman Smith and I introduced.”
Wyden then finally declares, “If the Joint Committee on Taxation tells the Finance Committee that that is an offset—the one we have that works—that, to me, is always the end of the debate.”
The bottom-line measurement of a policy's value and justice is not its economic impact. The value and justice of a policy is measured in its moral impact.
Just because a price tag can be put on everything doesn't necessarily make money the fundamental issue. The basis of life is moral, and that is why God's fundamental purposes of government are not fiscal or monetary, but moral: punishing those who do evil and praising those who do good.
The debate should not end until the moral justice of a policy is the final question and that policy honors and is consistent with God's Will and Word.
Tim McGhee
CHPP Legislative Analyst, Pray for Congress
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Daily Digests: Sat 2/10 (PDF) • Sun 2/11 (PDF) • M 2/12 (PDF) • T 2/13 (PDF) • W 2/14 (PDF) • Th 2/15 (PDF) • F 2/16 (PDF) •
Senate — Votes — Legislation: New: 82 (D, R), Action: 14, Voted: 1, Passed: 13 — News
Sat 2/10/2024, Log — Record PDF • Summary
Sun 2/11/2024, Log — Record PDF • Summary
M 2/12/2024, Log — Record PDF • Summary
F 2/16/2024, Log — Record PDF • Summary
House — Legislation: New: 123 (R, D), Scheduled, Action: 16, Voted: 7, Passed: 14 — News
T 2/13/2024, Log — Record PDF, Extensions PDF • Activity, Votes
W 2/14/2024, Log — Record PDF, Extensions PDF • Activity, Votes
Th 2/15/2024, Log — Record PDF, Extensions PDF • Activity, Votes
F 2/16/2024 — Record PDF, Extensions PDF • Activity
Majority Leader Recap: Week of February 12, 2024
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National Security — Committees: Senate, House
House delays plans on surveillance program reauthorization vote • reforms will have to wait (Rules Committee Meeting)
Homeland Security — Committees: House, Senate
White House rejects Johnson's requests to meet with him about border also fumes at Johnson for not approving foreign aid before House recess
Budget — Committees: House, Senate
CBO: Testimony on The Budget and Economic Outlook: 2024 to 2034
Federal Spending — Committees: House, Senate — FY 2024 bills, table
House resists pressure to pass Ukraine aid
House lawmakers unveil $66B foreign aid, border supplemental
Mars samples project looms large in final spending talks
Dems Scramble To Fix Spending Consequences During Election Year
Monetary Policy — Committees: House, Senate
5 Charts Show Why Congress Must Stop Deficit Spending
Democrats, unions ramp up pressure against fiscal commission
Judiciary — Committees: Senate, House
CRS: Recent Appellate Decisions of Interest to Lawmakers (2/5–2/11, 2024)
Justice — Punishing Evil, Praising Good (Romans 13:3-4; 1 Peter 2:14)
This Bipartisan Measure Provides Opportunity for Congress to Expand Successful ‘One Door’ Policy on Welfare and Workforce
Science/Technology Policy — Committee: House, Senate
AI chatbots should pay for news, bipartisan Senate group says
Congress — Committees: House, Senate
House members raise questions about Johnson’s January invite of guest chaplain, Pastor Jack Hibbs (1/30 House prayer)
Retiring: Gallagher, Mark Green
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Senate meets in pro forma sessions during a State Work Period from 2/12 through 2/23.
ORDERS FOR FRIDAY, FEBRUARY 16, 2024, THROUGH MONDAY, FEBRUARY 26, 2024 (S960-8)
Pro forma schedule:
Subsequent meeting:
Monday, 2/12, Senate began consideration of three nominations:
- Jacqueline Becerra, of Florida, to be United States District Judge for the Southern District of Florida
- David Seymour Leibowitz, of Florida, to be United States District Judge for the Southern District of Florida
- Hampton Y. Dellinger, of North Carolina, to be Special Counsel, Office of Special Counsel, for the term of five years
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1 p.m., Tuesday, February 20, 2024
Program for Tuesday: House will meet in Pro Forma session at 1 p.m.
The House meets in Pro Forma sessions while it is in a district work period from Thursday, February 15, 2024, through Tuesday, February 27, 2024.
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Our Weekly Call to Repentance
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CHPP Welcomes You to Join Us Every Week in One Hour of Repentance
Sunday evening at 10:00 p.m. EDT
Dial 717-908-1983
Access Code: 9301470#
Dear Saints,
A lifestyle of REPENTANCE is so close to the heart of God.
Indeed, He commands us to "Repent, for the kingdom of heaven is at hand!" Matthew 3:2
How, then, can we approach His Throne of GRACE, in repentance?
We invite you to join us every week on Sunday evening, as we explore this vital topic together. We present a different prayer focus each week, leading us into repentance, so that we might approach His Throne of Grace in repentance, presenting ourselves to Him as a pure and a spotless Bride, without spot or wrinkle. (Ephesians 5:27)
Praying together, we desire to fulfill the mandate of Psalm 139:
" Search me, O God, and know my heart; Try me, and know my anxieties; 24 And see if there is any wicked way in me, And lead me in the way everlasting." Psalm 139:24
You can join us, any Sunday evening, at 10:00 p.m. EST by calling:
717-908-1983
Access Code: 9301470#
WELCOME!
". . . and if My people who are called by My name humble themselves and pray and seek My face and turn from their wicked ways, then I will hear from heaven, will forgive their sin and will heal their land.
"Now My eyes will be open and My ears attentive to the prayer offered in this place." (2 Chronicles 7:14,15)
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"Let integrity and uprightness preserve me,
For I wait for You." (Psalm 25:21)
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About Capitol Hill Prayer Partners
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To learn more about our ministry, and to sign up to begin receiving our daily alerts, please go here.
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Capitol Hill Prayer Partners welcomes all who wish to pray for our leaders to join us in prayer for our nation. You may sign up to receive our alerts by sending an email to us at: chpp1994@gmail.com requesting that your name be added to our list of subscribers or CLICK HERE to subscribe.
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