Congressional Republicans are the absolute worst, for many reasons, but this time, it has to do with the “big” and “beautiful” tax bill that’s working its way toward Donald Trump’s desk—Republicans, despite holding both houses, as well as the Oval Office, are set to retain hundreds of billions of dollars in Green New Deal provisions, if they get their way. Here’s the context, from Adam N. Michel and Joshua Loucks at the Cato Institute:
The Inflation Reduction Act (IRA) was pitched as a climate solution. In practice, it turned the tax code into a multi-trillion-dollar energy entitlement program, creating subsidies without caps, sunsets, or accountability. The recently passed House Ways and Means Committee tax bill repeals eight of the IRA credits, phases out five, and keeps or expands several others.
Hellbound and Down 