Posted on 05/20/2025 3:49:58 PM PDT by Kazan
Congressional Republicans are the absolute worst, for many reasons, but this time, it has to do with the “big” and “beautiful” tax bill that’s working its way toward Donald Trump’s desk—Republicans, despite holding both houses, as well as the Oval Office, are set to retain hundreds of billions of dollars in Green New Deal provisions, if they get their way.
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According to Michel and Loucks, “conservative estimates” of the costs of the Green New Deal subsidies, provided by “government scorekeepers,” come with an $852 billion price tag for taxpayers—but that’s just between 2026 and 2035. As they note, “That’s up dramatically from the original 10-year cost projection of $270 billion.” But the Cato Institute ran the numbers themselves, suggesting the real cost in the trillions:
A recent Cato Institute paper confirms that the IRA’s energy credits are far more expensive than initially projected. Thanks to provisions like direct pay (cash payments in lieu of tax benefits), tax credit transferability, and emission level phase-out triggers, many of these subsidies now function like open-ended automatic entitlements. And that’s why over the next 25 years, the IRA credits are expected to cost up to $4.7 trillion.
That works out to be 188,000,000,000 (yes, that’s billions) dollars every year, just in Green New Deal tax entitlements.
(Excerpt) Read more at americanthinker.com ...
tOTALLY sICK, cONGRESS IS.
There’s more to this.
LINE ITEM VETO NEEDED NOW MORE THAN EVER BEFORE, IMO.
The Green New Scam is alive and well!
Reagan wanted it, was denied.
Not buying it
I don’t know the details but I would expect there is a heck of lot of entrenched pork in that budget and impossible to deal with it all in the first bill.
Thus let’s see how it shakes out.
I wish these elected speakers of the people would quit lumping this crap together and just individualize 50 small bills that have no pork.
And it may be in districts of Representatives whose votes Trump needs.
Too many senators and congressman have sweet deals in their states or districts and refuse to vote for it unless they keep their pet projects. Congress is disgusting.
Same here.
In politics, you seldom get everything you want. That’s part of what we are seeing. These green new deal things from previous legislation, are still there unless repealed. Apparently there’s not support to repeal that stuff within the big beautiful bill.
Could the EV part of that be part of Musk’s return for a quarter-billion dollars of donations last year, with the, gulp, half-trillion “golden dome”, for which he’s likely the biggest contractor and which would also likely enable significantly greater satellite surveillance, etc., of us, being another part of his return?
If they can’t get to a balanced budget for the upcoming fiscal year, when will they do so? The Twelfth of Never? Mike Johnson doesn’t have what it takes and John Thune is a thoroughly D.C. insider. And what, of consequence, have they accomplished so far since Trump’s inauguration?
“I wish these elected speakers of the people would quit lumping this crap together and just individualize 50 small bills that have no pork.”
Bingo. There should be several separate appropriation bills, not one humongous, larded-up omnibus. That’s how we got to where we are now. I know Trump wants his One Big Bill, but that approach is never going to get us to a balanced budget.
They could care less about the environment, they leave this stuff in so they can augment their salary, no other reason.
Sounds like they had to pass it to find out what is in it.....
Sound familiar?
What saddens me is when a Congressman or Senator like Rand Paul stands up against these bloated bills, he gets called every derogatory name that can be posted on this platform without being banned.
The pushback has to start somewhere. I’m tired of the forever “spend now - cut later” nonsense.
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