Great. You know, because taxpayers could use that money to buy groceries or gas.
The U.S. House is reportedly going to use taxpayer money to give their staff Peloton memberships:
According to a draft email obtained by FOX Business from the office of the Chief Administrative Officer (CAO), the “premier employee benefit,” which will also be made available to all Capitol Police, will provide staffers with both Peloton All-Access and a Peloton App membership at no monthly cost.
Beginning May 18, the government contract with fitness giant Peloton, under efforts from the House Center for Well-Being, will be offered to the estimated 10,000 people on staff working for the House of Representatives and about 2,300 Capitol Police officers.
A source familiar with the matter told FOX Business that the contract cost is a $10,000 upfront payment to Peloton, plus an extra $10 per month charge for each staffer or officer that utilizes the benefit. If 12,000 staffers took advantage of the benefit, it would cost taxpayers $120,000 a month.
For other Americans, a Peloton All-Access Membership costs $39 per month and a Peloton App Membership costs $12.99 per month.
Peloton confirmed to FOX Business “that the US House of Representatives is extending Peloton Corporate Wellness to all House staff and Capitol police.”
According to The Washington Free Beacon, Peloton started lobbying in Congress in March 2021. The company “hired an in-house lobbyist and two lobbying firms to influence Congress on issues including ‘government programming to support health and wellness of Americans.'”
Peloton received this contract just as the company was about to implode:
The contract comes when Peloton is in urgent need of revenue. After its profits initially exploded during the pandemic as Americans locked down and exercised from home, the company has fallen back down to earth, announcing this week that it lost $757 million in the first quarter of 2022. Peloton’s stock has plummeted from a high of $163 per share in 2020 to $15.46 per share as of this story.
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