- Joined
- Jul 22, 2021
- Messages
- 12,488
- Reaction score
- 14,915
- Location
- Philadelphia
- Gender
- Male
- Political Leaning
- Liberal
I hope Republicans do not repeal the Inflation Reduction Act or CHIPS Act. Those are both very good laws!"Roughly 80 percent of new clean energy manufacturing investments announced since the Inflation Reduction Act passed in 2022 have flowed to Republican congressional districts, according to data from Atlas Public Policy, a research firm.
Mr. Trump and his allies have attacked the legislation, which provides at least $390 billion over 10 years in tax breaks, grants and subsidies for wind and solar power, electric vehicle battery production and other clean energy projects. “We will rescind all unspent funds under the misnamed Inflation Reduction Act,” Mr. Trump said in September.
Mr. Trump has also attacked the CHIPS and Science Act, a bipartisan law aimed at reducing American reliance on Asia for semiconductors by providing billions in subsidies to encourage companies to manufacture more chips in the United States.
Some Republicans are joining the White House’s effort in pressing Republican leaders to preserve aspects of Mr. Biden’s policies. In states like Georgia, which has been a big beneficiary of Mr. Biden’s climate law, some of Mr. Trump’s supporters expressed concern about how potential rollbacks of the law could result in job losses and hurt companies that have made new investments in battery, solar and electric vehicle plants across the state.
Beth Camp, a Republican state representative who supports Mr. Trump, said she worried that the president-elect’s plan to repeal much of the climate law could be “detrimental” and leave factories “sitting empty” in Georgia.
...When Mr. Johnson said last month that Republicans may try to repeal the CHIPS and Science Act, which includes $39 billion in subsidies that Mr. Biden has said will revamp American semiconductor manufacturing and reduce reliance on China, other Republicans immediately clarified that the party supported the investments. Mr. Johnson later walked back his statement."
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