Inflation Reduction Act
“They’re in Congress threatening to undo all the stuff that you helped me get done,” Biden said during an appearance at a Maryland union hall. “You and the American people should know about the competing economic visions of the country that are at stake right now.”The GOP bill would enact the party’s marquee energy bill,.
“These spending limits are not draconian,” McCarthy said in a Wednesday floor speech ahead of the bill release. “They are responsible. We’re going to save taxpayers money. It will end the green giveaways for companies that distort the market and waste taxpayers’ money.” Republicans are also proposing to modify several other existing tax credits under the law, including by reestablishing the previous investment and production tax credits for solar and wind that the IRA had extended and increased. The GOP would nix both the production and investments tax credits for green sources after 2024, as well as incentives for paying prevailing wage, using domestic content and placing facilities in communities historically dependent on fossil fuels.
McCarthy supports dreamers now!
The House GOP is going to learn really fast what happens when you are perceived as the party that will cause America to default on its debt… And if Kevin really wanted to talk about reducing debt, rolling back the 2017 Trump tax cuts would be on the table
Wake us when McCarthy has 218 votes for any ridiculous Republican proposal.