‘He will also terminate the Green New Scam’
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President-elect Donald Trump is planning to redirect unspent Inflation Reduction Act funding to spending on infrastructure, the Daily Caller News Foundation has learned.
“PresidentTrumpwillrapidlydefeatinflationandbringdownallpricesbyendingtheDemocrats’anti-energycrusade,whichwillcutenergypricesinhalfduringhisfirst12monthsinoffice,”KarolineLeavitt,Trump-Vancetransitionspokeswoman,toldtheDCNFinawrittenstatement.“HewillalsoterminatetheGreenNewScamandrescindallunspentfundsfromtheso-called‘InflationReductionAct’andredirectthemtospendingonrealinfrastructure.”
AstheBiden-Harrisadministration rushestoformallyobligatetensofbillionsinIRAfundingbeforeBidenleavesoffice,President-electTrumpismovingforwardwithplanstorepealtheIRAandredirectallleftoverspendingfromBiden’sclimatelawtospendingoninfrastructure.TheincomingTrumpadministration’svowtoreprogramremainingIRAfundingcouldfacelegalchallengesduetorestrictionsonreallocationwithinthecongressionalappr