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The old saying that politics makes strange bedfellows was reaffirmed this year as the nation’s major corporations generously donated to the inaugural committee of the president who promised to jack up their taxes and increase their regulatory oversight.
What Happened: The Joe Biden inaugural committee raised more than $61 million, which is a bit unusual considering the presidential inauguration activities were low-keyed and mostly virtual events due to the COVID-19 pandemic.
The Biden inaugural committee accepted corporate contributions of up to $1 million and donations for up to $500,000 from individuals, according to a Politico report. The only entities that were barred from contributing were fossil fuel companies, foreign companies and lobbyists.
Dems Pitch $25B Bill to Transition to Electric School Buses
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Under FBI probe, pension fund hires manager to oversee Pa s highest paid government employee
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Democrats push $25B to electrify school buses, a Biden priority
4 hours 26 minutes 10 seconds ago
Wednesday, April 21 2021
Apr 21, 2021
April 21, 2021 5:45 AM
April 21, 2021
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Source: Associated Press
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Democratic lawmakers are pushing a $25 billion investment that would convert the nation’s fleet of gasoline- and diesel-powered school buses to electric vehicles.
WASHINGTON (AP) Democratic lawmakers are unveiling legislation that would invest $25 billion to convert the nation’s fleet of gasoline- and diesel-powered school buses to electric vehicles, aiming at a component of President Joe Biden’s $2.3 trillion infrastructure plan to improve children’s health.
The legislation led by Sen. Alex Padilla, D-Calif., seeks to build on the administration’s effort this week to promote the electrification of school buses, which Biden sees as an important step in addressing climate change and economic inequities.