Officials Praise GE's $50M Philanthropic Plans, Others Protest Its Tax Breaks

General Electric Co. (GE) plans to donate $50 million over the next five years to Boston and the surrounding area.

The money comes as GE gets set to move its global headquarters and 800 employees to the South Boston Seaport.

But there are critics. And they charge the city and state are giving GE a lot more than the company is giving to Boston.

What GE Is Donating
On the 33rd floor of a skyscraper looking down on the Old State House on Monday afternoon, the mood and music were upbeat as a GE video touted the virtues of the company’s new hometown.