What was it Nancy Pelosi said about the Inflation Reduction Act at the White House last year?
“And so many friends, what a thrill it is to be here to celebrate this life-changing legislation, making the Inflation Reduction Act… so beautifully named for all that it does.”
Right. “All that it does.” Like $80 billion dollars to hire 87,000 new Internal Revenue Service (IRS) agents and $370 billion to combat climate change.
This week, the Environmental Protection Agency (EPA) announced “the first $250 million from EPA’s new Climate Pollution Reduction Grants is now available! Thanks to the Inflation Reduction Act, we are providing resources for states, local governments, Tribes, and territories to cut climate pollution and build clean energy economies.”
“We know that tackling the climate crisis demands a sense of urgency to protect people and the planet,” said EPA Administrator Michael S. Regan in a statement. “President Biden’s Inflation Reduction Act is a historic opportunity to provide communities across the country with the resources they need to protect people from harmful climate pollution and improve our economy. These Climate Pollution Reduction Grants are an important first step to equip communities with the resources to create innovative strategies that reduce climate emissions and drive benefits across the country.”
An important first step? Or a wasteful one? Because some of these initiatives sound like yard sale throwaways from the Green New Deal —the Biden Administration’s $550 million in grants to fund the new Environmental Justice Thriving Communities Grantmaking (EJ TCGM) initiative, for example.
According to The Daily Caller, “the program would give $50 million to 11 nonprofit organizations, or partnerships between nonprofit organizations, higher education institutions, or Indian tribes, who would be responsible for creating a grant application process for organizations in ‘underserved communities’ that ‘historically have faced barriers to receiving funding.’”
Higher education institutions? Climate change? Environmental Justice?! For goodness sake, the waste!
“The IRA…also includes, among other things…$2o billion in incentives for farmers to not grow crops and $2.2 billion in reparations for black farmers,” The Daily Caller reports.
This week, both sides of the aisle came together in the House to pass a bill that would put checks on Biden’s irresponsible, inflationary spending.
“Under the bill, any executive order that has an annual budgetary effect of $1 billion or more would have to first be studied by the administration for its possible inflationary effects on the economy, which Republicans say would make Biden think twice about imposing costly new rules on the public,” Fox News reports.
Good. Someone needs to stop this wasteful spending —especially on woke climate initiatives.