But let's make it beautiful.
Just the News (5/14/25) reports: "The House Energy and Commerce Committee released its section of the Republicans' budget reconciliation bill Sunday evening. The legislation, which was marked up on Tuesday, includes provisions to scrap $6.5 billion in funding from parts of the Inflation Reduction Act (IRA) that funds climate-related issues. The text sets the stage for what could be a fight between Republicans who want to keep IRA subsidies and those who want a full repeal of them... Alex Stevens, communications director for the Institute for Energy Research, told Just the News that the House, in order to pass a bill in line with Trump’s interest in scaling back government spending, will have to choose between entitlement programs, such as Medicaid, and the lavish subsidies granted climate programs in the IRA. For Republicans, Stevens said, the choice should be obvious. 'Politically, it seems like the IRA would be a much more favorable option. A lot of these people campaigned on this,' Stevens said... The IRA provided extensive tax credits for a variety of climate projects — everything from wind farms to hydrogen... The Institute for Energy Research argues that a phase down of the green energy subsidies would only give them a foothold for those who want to preserve them. 'History shows there is no such thing as a 'phase down' of these policies because they will inevitably be resurrected. If the goal is to protect taxpayers from never-ending subsidies and protect the electric grid from the destabilizing influence of the Production Tax Credit (PTC) and Investment Tax Credit (ITC), these tax credits need to be ended now,' the IER argued. Stevens, who co-authored the paper, said in an interview that 'when push comes to shove, if people hold firm to their commitments to cut spending, the IRA is going to be at the top of the list of things that they're going to need to look at.'”
|
|
