Biden’s Executive Order Rescinded Trump Order to Secure Electrical Grid from Foreign Adversaries
According to Power Mag, ” The White House’s action appears to affect a number of rules under review or recently finalized by the U.S. Environmental Protection Agency (EPA), including at least three rules governing coal combustion residuals, and general revisions to emissions monitoring and reporting requirements for fossil plants.
At the Department of Energy (DOE), the action pivotally halts rulemaking through which the agency would have limited procurement of bulk power system equipment sourced from adversary nations. Executive Order 13920 of May 1, 2020 (Securing the United States Bulk-Power System), is “effectively suspended for 90 days,” says one of the many executive orders issued on Wednesday. “The Secretary of Energy and the Director of [Office of Management and Budget] shall jointly consider whether to recommend that a replacement order be issued.”
During the former Trump Administration, then President Trump’s executive order was described by the Department of Energy as something that would “greatly diminish the ability of foreign adversaries to target our critical electric infrastructure.”
This makes the “10 days of darkness” look like a walk in the park.
Related; hidenbiden floated this idea about “stepped up basis” during the campaign; needs research (found in a comment on FB):
Do your research! Day 1...
Did you know Biden wants to get rid of something called “stepped up basis”??? How does this affect you!? When your parents pass and leave you the family house normally you would inherit that property at what it is worth today. If you were to sell that house you would only pay taxes on the gain from what it is worth today and what it sells for. If Biden does away with “stepped up basis” you will inherit the property for what your parents paid for the property. If you decide to sell you will pay taxes on the difference between the original purchase price and what it sells for today. Our kids need to be aware.
Here is what this looks like!
Current Policy
Inherited House at Current Value - $200,000
Sells for $205,000
Taxable income = $5000
Taxes Due - 20% of $5000 = $1000
Profit to you = $204,000
Biden Policy
Inherited House at original purchase price - $40,000
Sells for $205,000
Taxable income = $165,000
Taxes Due - 20% of $165,000 = $33,000
Profit to you = $172,000
If your parent were to have sold this property prior to passing they would have paid no taxes because it was their primary residence.
So much for helping the middle class get ahead.
***My educated guess would be that at least 95% of Americans don’t even know Biden has proposed this. We are talking tens of thousands of more tax dollars for the average sold after inheritance! Wow, google “Biden stepped up basis” and educate yourself because this is a biggie!
My guess is they will remove it from Farm and Ranch land as well.. So here it comes...We were warned...I guess you can lead a horse to water but you can’t make it drink..
**Copied and pasted, please share”
And this one:
Joe Biden’s DOJ to Resume Extorting Money From Corporations to Benefit Leftist Groups
In the first set of Executive Orders signed Jan. 21 by Joe Biden was the reversal of a DOJ policy put in place by Attorney General Jeff Sessions which prohibited provisions in settlement agreements in civil litigation that directed the opposing party to pay the money from the settlement to some third-party interest group that DOJ believed could put the money to better use than having it go into the Treasury of the United States.
The Biden Administration — before there is even a new Attorney General — has decided to resurrect that old grift in order to get the spigot of money turned back on for left-wing interest groups who look to the Justice Department to be their collection agency.
https://moonbattery.com/executive-order-turns-doj-into-shakedown-operation/
Legislation was later introduced in Congress — the “Stop Settlement Slush Funds Act of 2017” — which would have prohibited government officials from including any such provision in settlement agreements involving the Department of Justice. The legislation passed the House but was never acted upon by the Senate.