Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $48,513
59%  
Woo hoo!! And we're now over 59%!! Thank you all very much!! God bless.

Keyword: pandemicfunding

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  • Utilities cut power to US customers while taking huge Covid tax credits

    10/05/2021 11:45:10 PM PDT · by blueplum · 5 replies
    The Guardian UK ^ | 05 October 2021 | Tom Perkins in Detroit
    ...This year, DTE cut electricity to Owens and thousands more in Michigan, despite receiving a $220m bailout made available through Cares Act tax changes during the pandemic. Nor is DTE alone: a new analysis of 16 large electric utilities found they collectively received a $1.25bn bailout, but still cut power to nearly 1 million struggling customers in the US between February 2020 and June 2021. ...The companies received enough funding to forgive their customers’ debt hundreds of times over, but instead many handed out executive bonuses and increased shareholder dividends: DTE bumped investor payouts from $714m to nearly $800m over...