What's Hot

    Biggest inventory movers Wednesday: FDX, ICLR, and extra | Invesloan.com

    June 24, 2026

    Border Patrol hits document 21,471 brokers in company’s 102-year historical past | Invesloan.com

    June 24, 2026

    Financially Independent Millennial Shares Best and Worst Side Hustles | Invesloan.com

    June 24, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » GOP lawmakers approve invoice to chop Biden local weather spending, roll again vitality guidelines | Invesloan.com
    Politics

    GOP lawmakers approve invoice to chop Biden local weather spending, roll again vitality guidelines | Invesloan.com

    May 14, 2025Updated:May 14, 2025
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Lawmakers on Tuesday approved portions of a bill that would massively roll back Biden-era energy programs. 

    The House Energy and Commerce Committee met to discuss the Republican-backed legislation that would initiate billions of dollars in spending cuts.

    The money would come from unspent funds from the Democrats’ 2022 climate law, Politico reported. 

    NORTHERN HIGHLIGHTS: ALASKA’S ENERGY, SECURITY POLICIES ARE THE GUIDE FEDS NEEDS AMID TRANSITION, GROUP SAYS

    A KIA being charged

    Someone demonstrates charging a Kia Soul electric vehicle in San Lorenzo, Calif., Nov. 9, 2024. Congressional lawmakers want to roll back Biden-era energy programs. (AP Photo/Jeff Chiu,)

    Democrats pushed back on provisions they said would raise energy prices by repealing Inflation Reduction Act programs and allow heavy polluting industries to skip portions of the federal permitting process, the news outlet reported. 

    “We’re considering a reconciliation bill that picks winners and losers and elevates expensive, outdated and inefficient sources like coal over cheap, American-made energy like solar, wind and storage,” said Democratic California Rep. Scott Peters. 

    BIDEN GREEN ENERGY PROJECT HALTED BY TRUMP ADMIN RELIED ON RUSHED, BAD SCIENCE, STUDY FINDS

    President Donald Trump

    President Donald Trump speaks during an event on energy production in the East Room of the White House April 8 in Washington. (AP Photo/Evan Vucci)

    On Sunday, House lawmakers laid out plans to phase out key clean energy tax credits, slashing billions in spending related to electric vehicles and renewable energy and fast-track gas exports as part of a GOP push to pass a multitrillion-dollar budget to carry out President Donald Trump’s agenda, Reuters reported. 

    The bill would repeal Environmental Protection Agency rules, including one that would slash allowed emissions for light- and medium-duty vehicles starting with 2027 models.

    CLICK HERE TO GET THE FOX NEWS APP

    Also included are measures to speed permitting for liquified natural gas exports and directing $2 billion for the Energy Department to refill the Strategic Petroleum Reserve.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    Border Patrol hits document 21,471 brokers in company’s 102-year historical past | Invesloan.com

    Mamdani-backed democratic socialists topple NYC Democratic incumbents | Invesloan.com

    Maryland Senate President Bill Ferguson beats progressive challenger | Invesloan.com

    Mamdani-backed Democratic Socialists sweep NYC congressional primaries | Invesloan.com

    Socialist who referred to as US ‘a shame’ defeats Democrat incumbent in NYC | Invesloan.com

    Nancy Mace’s South Carolina congressional seat strikes nearer to successor | Invesloan.com

    Wes Moore wins Maryland Democratic major in 2026 gubernatorial race | Invesloan.com

    Trump-backed Alan Wilson wins South Carolina GOP gubernatorial runoff | Invesloan.com

    White House slams media for citing Iranian state media on nuclear deal | Invesloan.com

    LATEST NEWS

    Biggest inventory movers Wednesday: FDX, ICLR, and extra | Invesloan.com

    June 24, 2026

    Border Patrol hits document 21,471 brokers in company’s 102-year historical past | Invesloan.com

    June 24, 2026

    Financially Independent Millennial Shares Best and Worst Side Hustles | Invesloan.com

    June 24, 2026

    World’s hottest inventory market rallies after 10% plunge | Invesloan.com

    June 24, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}