The Quick and Shameful Death of Bidens Biggest Policy

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News Source : The New Republic

News Summary

  • Inflation Reduction Act was a perfect scapegoat because it encapsulated Democratic ideas, says Julian Zelizer.
  • Zelizer: In July, Republicans’ One Big Beautiful Bill Act, or OBBB, repealed much of the Act’s nearly $400 billion worth of climate- and energy-related grants, tax incentives, and loan guarantees.
  • Subsidies for residential customers to lease solar and wind ended immediately.
  • Generous tax credits for wind, solar, and hydrogen projects, as well as wind manufacturing, will be phased out years ahead of schedule.
The ordeal was a sign of things to come. Since Trump took power, his administration has waged a multifront war on its evergrowing list of political enemies. In July, Republicans One Big Beautiful Bi [+2807 chars]

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