On Inflation Reduction Act anniversary, energy groups demand end to ‘Green New Deal-type policies’

Australia News News

On Inflation Reduction Act anniversary, energy groups demand end to ‘Green New Deal-type policies’
Australia Latest News,Australia Headlines
  • 📰 FoxNews
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 87%

More than 40 groups are demanding Congress use every tool necessary to put an end to 'harmful' energy policies in the Inflation Reduction Act.

President Biden

U.S. President Joe Biden speaks to guests at Ingeteam Inc., an electrical equipment manufacturer, on August 15, 2023, in Milwaukee, Wisconsin."The billions in green handouts contained within the Inflation Reduction Act is a record-breaking payday for the Chinese communist party," Power the Future communications director Larry Behrens told Fox News Digital.

"Americans shouldn’t have to worry about whether their lights will turn on when they flick the switch," the letter read."Yet this is what will happen as the government seeks to force a shift away from reliable sources of electricity and towards unreliable sources." "The federal government, through the IRA, is trying to kill off gas-powered vehicles and reliable energy, while ignoring the costs from doing so," Bakst said. "The law's massive handouts to special interests and its harm to consumers are bad enough. The biggest cost though is to our freedom."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxNews /  🏆 9. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vice President Kamala Harris to visit Seattle, give address on Inflation Reduction ActVice President Kamala Harris to visit Seattle, give address on Inflation Reduction ActThe White House announced Vice President Kamala Harris will visit Seattle on Tuesday to speak about the Inflation Reduction Act. FOX13
Read more »

Biden shifts rhetoric on Inflation Reduction Act ahead of law’s first anniversaryBiden shifts rhetoric on Inflation Reduction Act ahead of law’s first anniversaryPresident Biden is hailing the one-year anniversary of his signature Inflation Reduction Act by pitching it as a catalyst for economic growth, rather than his initial claims that it would be a prescription for high prices plaguing consumers.
Read more »

One year later, Senate Republicans give Inflation Reduction Act an 'F': 'Reckless spending spree'One year later, Senate Republicans give Inflation Reduction Act an 'F': 'Reckless spending spree'Senate Environment and Public Works Committee Republicans handed down a report card on the Democrats' signature Inflation Reduction Act, giving it a resounding 'F.'
Read more »

Stuart Varney: Biden's Inflation Reduction Act is not working for middle AmericaStuart Varney: Biden's Inflation Reduction Act is not working for middle AmericaFOX Business' Stuart Varney discussed why 'Bidenomics' and the Inflation Reduction Act are not working for most Americans despite the president touting his economy.
Read more »

Biden celebrates 1 year of the Inflation Reduction ActBiden celebrates 1 year of the Inflation Reduction ActThe White House said it's the largest investment in clean energy and climate action, though some economists say it's done little to tame inflation.
Read more »



Render Time: 2025-02-28 06:45:12