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How determined is Biden to continue the Inflation Increase Act’s corrupt green subsidies? This determined.
President Biden on Friday swiped at Republican calls to end clean energy tax cuts as part of a debt limit increase as he signed an executive order creating a new White House Office of Environmental Justice.
“The MAGA Republicans in Congress want to repeal climate protections in the Inflation Reduction Act. They’d rather threaten to default the U.S. economy … than get rid of $30 billion in taxpayer subsidies to an oil industry that made $200 billion last year,” he said.
Oil and gas power the US economy especially at the working class level.
While Biden yammers about his corrupt green subsidies taking away jobs from “working class folks”, the only people who benefit from them are wealthy Democrat donors.
Speaker McCarthy proposed a modest rollback of some of the crooked subsidies and spending in Biden’s Inflation Increase Act.
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