GAIN Statement on $13 Billion in New Federal Programs Aiming to "Lower" Energy Costs
November 04, 2022
November 04, 2022
WASHINGTON, Nov. 4 (TNStalk) -- Grow America's Infrastructure Now Coalition issued the following statement on Nov. 3, 2022:
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Just before the midterm elections, Vice President Kamala Harris announced $13 billion in new federal spending, funded by the "Inflation Reduction Act," that will purportedly lower energy costs. At the same time, the IRA includes a provision that raises taxes on the oil and gas industry beginning in 2026, which may raise energy . . .
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Just before the midterm elections, Vice President Kamala Harris announced $13 billion in new federal spending, funded by the "Inflation Reduction Act," that will purportedly lower energy costs. At the same time, the IRA includes a provision that raises taxes on the oil and gas industry beginning in 2026, which may raise energy . . .