Stacey Abrams and the EPA
DOGE Uncovers $2B Taxpayer Windfall For Stacey Abrams-Linked Nonprofit
DOGE discovered $2 billion in taxpayer funds set aside for a fledgling nonprofit linked to perennial Georgia Democratic candidate Stacey Abrams.
The Environmental Protection Agency (EPA) under the Biden administration awarded Power Forward Communities the grant in April 2024 as part of the agency’s Greenhouse Gas Reduction Fund program. [emphasis, links added]
Power Forward Communities received the green energy grant even though it was founded months earlier in late 2023 and never managed anywhere near the grant’s dollar figure—it reported just $100 in total revenue during its first three months in operation, according to its latest tax filings.
Power Forward Communities’ grant was one of just eight Greenhouse Gas Reduction Fund grants that the EPA doled out in April 2024, totaling $20 billion.
EPA administrator Lee Zeldin announced on Feb. 13 that his staff and Department of Government Efficiency (DOGE) officials discovered that the Biden administration parked that same $20 billion at an outside financial institution before leaving office, limiting the federal government’s oversight of the program.
The revelation that Power Forward Communities is among the beneficiaries of the funds Zeldin’s team located raises ethics questions about how the Biden administration selected recipients of such massive grants and whether it played favorites when doling those grants out. [more]
How Did Stacey Abrams Multiply Her Net Worth In Just A Few Years?
Abrams is worth $3.17 million, according to the state disclosures she filed in March, The Associated Press reported Tuesday. When she first ran for the Georgia governorship in 2018, Abrams was dealing with a “hefty bill from the IRS” and was worth only $109,000, the outlet noted.
The “hefty” tax bill from the IRS was $54,000, with a further $410,000 in liabilities, according to Fox News. She owed $96,000 in student loan debt and $83,000 in credit card debt, AP reported. [more]
https://dailycaller.com/2022/04/05/how-much-money-stacey-abrams-make-millionaire-net-worth/
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