The House Energy and Commerce Committee released legislative text that would roll back climate funding implemented by former President Joe Biden’s Inflation Reduction Act.
The committee is seeking to repeal billions in funding from climate initiatives established through the 2022 Inflation Reduction Act. The committee would cancel up to $6.5 billion just in unspent funding from the law, which Democrats passed with no GOP votes.
The legislation in question is the committee’s portion of the major fiscal overhaul to implement President Donald Trump’s agenda. Republicans plan to pass the multitrillion-dollar legislation through budget reconciliation, a process that allows for bills to bypass the filibuster and pass with only a simple majority in the Senate.
Trending: Democrats’ worst nightmare may soon become a reality
The Energy and Commerce Committee draft includes canceling grant money to the
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