President Joe Biden has promised to veto a bill that would repeal spending authorized by the Inflation Reduction Act.
Rep. Gary Palmer (R-AL) and five co-sponsors dropped the Cutting Green Corruption and Taxes Act last month, aiming to repeal a program included in the Inflation Reduction Act that allocated $27 billion to reduce emissions in low-income communities.
It appears that will not happen even if the bill makes its way out of Congress.
“Through the implementation of the IRA, the administration is making unprecedented progress in protecting America’s energy security and reducing energy costs for Americans,” reads a statement of Biden administration policy. “H.R. 1023 would do just the opposite, repealing programs that provide non-regulatory incentives that help address climate pollution and provide
Read more…
