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Author Topic: Biden Races To Hand Out $25B In Green Loans Before Trump Takes Office  (Read 340 times)

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Offline rangerrebew

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Biden Races To Hand Out $25B In Green Loans Before Trump Takes Office
« on: November 26, 2024, 08:03:53 am »
Biden Races To Hand Out $25B In Green Loans Before Trump Takes Office
by Thomas Catenacci  Nov 25, 2024 
 
The Biden administration is in a hurry to finalize more than a dozen green energy loans worth more than $25 billion before President-elect Donald Trump takes office in mid-January—a frantic effort that lawmakers and industry officials are warning could lead to fraud and abuse of taxpayer money. [emphasis, links added]

Through the Department of Energy’s Loan Programs Office, the administration is working to finalize a total of 16 pending loans worth a total of $25.1 billion, a Washington Free Beacon analysis found.


Those loans figure to be in serious jeopardy—Trump repeatedly vowed to “terminate” green energy spending on the campaign trail—and, in recent weeks, Biden officials have picked up the pace of finalizing pending commitments.

Over the last two months, the Loan Programs Office closed on seven loans worth $5.9 billion, including two that were closed after the election.

https://climatechangedispatch.com/biden-races-to-hand-out-25b-in-green-loans-before-trump-takes-office/
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Offline rangerrebew

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Re: Biden Races To Hand Out $25B In Green Loans Before Trump Takes Office
« Reply #1 on: November 26, 2024, 08:05:18 am »
I'll bet the lucky groups are required to "donate" a "portion" of back to the DNC. :yowsa:
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline Bigun

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Re: Biden Races To Hand Out $25B In Green Loans Before Trump Takes Office
« Reply #2 on: November 26, 2024, 09:02:36 am »
Quote from: rangerrebew on November 26, 2024, 08:05:18 am
I'll bet the lucky groups are required to "donate" a "portion" of back to the DNC. :yowsa:

:yowsa: That portion being around 50%.
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