New This WeekNewsletter

Environmental Groups Ask For Funding in Reconciliation Package

According to a CNN article, environmental groups are asking lawmakers to include them in their $3.5 trillion budget reconciliation package:

The groups also laid out the minimum amount of funding they want to see allotted to each program, which they say are estimates to give lawmakers a sense of the scale of spending they want to see.

“The point of the climate test is to say it’s all the red line,” Christy Goldfuss, senior vice president of energy and environment policy at the Center for American Progress, told CNN, indicating the groups consider the entire package of requests a must-pass. “If you look at the total package here, it’s a fraction of the $3.5 trillion they’re talking about.”

The letter outlines demands including $191 billion to $265 billion for 10-year direct-pay tax credits for clean electricity generation like wind and solar, and $37 billion to $120 billion for clean-vehicle tax credits for both new and used electric vehicles.


Read More