Schumer-Manchin Reconciliation Bill Has $369 Billion to Fight Climate Change — Here Are the Details
Headline from NBC 5 Dallas-Fort Worth
The Inflation Reduction Act of 2022 provides $369 billion for climate and clean energy programs, the most aggresive climate investment ever taken by Congress.
NBC 5 Dallas-Fort Worth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Inflation Reduction Act of 2022 provides $369 billion for climate and clean energy programs, the most aggresive climate investment ever taken by Congress.
Senator Joe Manchin who has been opposing the Democrats' plans to pass a major climate bill, has made a u-turn in return for some fossil fuel concessions
Green New Deal proponents and environmental activists seem happy with Sen. Joe Manchin's climate and inflation bill after months of blasting the moderate Democrat.
The bill, if it passes, would go through the reconciliation process, meaning it is not subject to the filibuster and can be passed through the Senate with fifty votes
Sen. Joe Manchin (D-WV) agreed to support hundreds of billions of dollars' worth of incentives for energy- and climate-related provisions following months of negotiations over what would make the cut in the successor to Democrats' failed Build Back Better Act.
The Inflation Reduction Act endorsed by Sen. Joe Manchin (D-WV) includes up to $250 billion in loan funding for the Department of Energy, according to the text of the bill, a major boost for the department's efforts to back clean energy technologies and electric vehicle manufacturing.
The bill aims to spend $369 billion on energy and climate initiatives and $64 billion into state-funded healthcare. It also looks to raise minimum taxes for big companies.
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Schumer-Manchin Reconciliation Bill Has $369 Billion to Fight Climate Change — Here Are the Details | Since Then