While Americans struggle, Capitol police and House staff will get Peloton memberships with your tax dollars

Capitol Police gifted with free Peloton memberships by House of Representatives at taxpayers’ expense

The House of Representatives has announced it will give free Peloton memberships to staff and Capitol Police using taxpayer dollars in the midst of out-of-control inflation that has American families struggling to fill their tanks, feed their children, and keep a roof over their heads.

In a move worthy of the “Hunger Games,” the House leadership announced in an email obtained by Fox Business via the office of the Chief Administrative Officer (CAO), that the “premier employee benefit” will reportedly gift staffers and police with Peloton All-Access and a Peloton App membership at no monthly cost.

The government contract with Peloton is set to start on May 18. It was pushed through by the House Center for Well-Being. An estimated 10,000 employees working for the House of Representatives and approximately 2,000 Capitol Police officers will receive the benefit.

An anonymous source told Fox Business that the upfront payment on the contract to Peloton was $10,000, plus an extra $10 per month charge for each staffer or officer who uses the service. Fox Business points out that if 12,000 staffers took advantage of the benefit, it would cost taxpayers $120,000 per month.

For average everyday Americans, a Peloton All-Access Membership costs $39 per month and a Peloton App Membership costs $12.99 per month.

The email that was sent out to staffers and offices reportedly told them that they would “have access to thousands of live and on-demand classes, across multiple disciplines, that are available for streaming across multiple devices and require no purchase of Peloton equipment.”

Peloton was quick to issue a statement to Fox Business, saying that it “can confirm that the US House of Representatives is extending Peloton Corporate Wellness to all House staff and Capitol Police.”

Peloton has over 7 million members. It is the premier name in the fitness tech space featuring treadmills, stationary exercise bikes, and online fitness class subscriptions. It is also set to release a long-awaited rowing machine, according to The Verge.

The company has reportedly been having financial challenges. In 2021, they lowered equipment prices. In January of this year, the company announced that it would charge $250 and $350 for the setup and delivery of its original bike and treadmill, respectively, to offset costs.

The fitness equipment company issued a dismal quarterly financial report on Tuesday, with sales plummeting 15 percent from a year ago. Peloton lost $757 million last quarter, according to CNN.

Peloton reports it had only $879 million in cash in the bank at the end of the quarter, which has left it “thinly capitalized,” according to CEO Barry McCarthy. That allegedly forced the company to borrow a great deal of money from Wall Street to keep its operations running.

“Turnarounds are hard work,” McCarthy bluntly informed investors in a shareholder letter. “It’s intellectually challenging, emotionally draining, physically exhausting, and all-consuming. It’s a full-contact sport.”

To stay afloat, Peloton is said to be borrowing $750 million in five-year term debt from JPMorgan and Goldman Sachs.

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Spherical
Noble Member
Spherical
12 days ago

Don’t forget Pelaton is a very liberal company who has come out against conservatives.

Coco
Noble Member
Coco
12 days ago

Must be nice to live off others hard work. Revamp this corrupt system.

Biya
Famed Member
Biya
12 days ago

Maybe everyone needs to forget taxes and do not file next year – what are they going to do to millions of people that do this? I for one do not want to contribute to something like this while I struggle every day just to put food on the table and put gas in my car. This is BS – I refuse to file taxes

George
Noble Member
George
12 days ago

Talk about LOONEY TUNES! Peloton is almost BANKRUPT, and this “NUT” is giving out memberships to congressional staff? Peloton has lawsuits up the “giggy”, since so many little kids got hurt @ home on them. How much $$ did Peloton dump into the Dems that “they” are so “beholden” to Peloton? The “CRAZIER” “IT” sounds & the LESS that “it” makes ANY “sense”, REST ASSURED that the DEMS will DO IT! Best part? There’s not ONE THING that any of “us” can do about it.These Dem RATS need a lot of D-CON. ..”Normal” people HAVE to START to meet & discuss & “figure out” a strategy to SHUT THEM DOWN! The ONLY “thing” NOW is to deluge the Dems with E-mails, letters, phone calls, mail(@ 60cents a pop), FAX, TEXT! LET THESE BUMS KNOW HOW YOU FEEL! SKY HIGH fuel, groceries, empty shelves, no baby formula AND we’re ALL gonna BAKE TO DEATH with NO air-conditioning! “WHAT”? have the Dems done for “US” lately? MADE OUR EVERY DAY LIVES MISERABLE!. Et tu BIDEN as Julius Caesar “said”. Biden is the equivalent of NERO. While “Rome burned down”, he “fiddled”.This”guy” can’t “fiddle”. HE’S JUST BEFUDDLED!

Glenn R
Noble Member
Glenn R
12 days ago
Reply to  George

I’ll be honest, I likely agree with you but when I see a comment with so many capitalized words and sentences my initial reaction is, wack job.

Cynthia Gordon
Famed Member
Cynthia Gordon
12 days ago

This is on top of the huge payraises they get, minimum of $45K per year plus being able to unionize. They already had an exclusive gym just for staffers separate from the elite Senators and Congressmen.

HADENUF
Famed Member
HADENUF
12 days ago

Could this be that Pelousy is taking care of her 1-6 liars?? At our expense???

MADE IN U.S.A.
Noble Member
MADE IN U.S.A.
12 days ago

Our TAX DOLLARS at WORK America! Congress, YOU ARE WORTHLESS BASTARDS…

Last edited 12 days ago by MADE IN U.S.A.

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