Biden may veto repeal of Climate Program in Inflation Act

TL/DR –

President Biden has pledged to veto a bill that aims to repeal spending authorized by the Inflation Reduction Act. The bill in question, the Cutting Green Corruption and Taxes Act, was introduced by Rep. Gary Palmer and five co-sponsors, and seeks to repeal a $27 billion program for reducing emissions in low-income communities. Despite opposition, the Biden administration maintains that the Inflation Reduction Act advances America’s energy security and reduces costs, while providing non-regulatory incentives for addressing climate change and consumer savings.


President Biden’s Veto Promise on Inflation Reduction Act Repeal

President Joe Biden intends to veto a repeal of the Inflation Reduction Act spending authorization.

Rep. Gary Palmer and five co-sponsors recently introduced the Cutting Green Corruption and Taxes Act, targeting a repeal of a program that put forth $27 billion for emissions reduction in low-income communities as part of the Inflation Reduction Act.

Despite this, it’s unlikely the repeal bill will pass.

The Biden administration’s policy strives for energy security and cost reduction, as summarized in the statement. The proposed H.R. 1023 would oppose this, removing climate pollution incentives and consumer savings provisions.

“H.R. 1023 would be vetoed by the president,” the policy statement concludes.

The House of Representatives is reviewing various energy-related bills this “energy week”, including Palmer’s spending reduction act. The legislation is scheduled for review by the House Rules Committee.

The Inflation Reduction Act, despite its title, encompasses climate change initiatives and $891 billion in expenditures. Signed into law by Biden in August 2022, the Act has been targeted for partial or complete repeal by Republicans.

Since taking office in 2021, Biden has vetoed 10 bills.


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