Biden’s Budget Invests Billions in Green Energy; House GOP Says Will Lead to Higher Costs

President Joe Biden’s $6.9 trillion Fiscal Year 2024 (FY24) budget request sustains the green energy emphases established with the adoptions of the Infrastructure Reduction Act and Bipartisan Infrastructure Law, and increases spending to combat the “climate crisis” by 26 percent.
Biden’s FY24 budget request, released March 9—more than a month late in the annual budget cycle—invests $52.2 billion “to tackle the climate crisis,” nearly $11 billion more than what Congress granted him in his FY23 budget.
The spring and summer will be spent combing through the budget requests in committee hearings before FY24 begins on Oct. 1, 2023.
With Republicans now ruling the House, one chamber panel certain to give a heave-ho to the president’s sustained emphasis on renewable energies is the House Energy & Commerce, which has its own 20-bill ‘unleash America’s energy’ slate calling for expanding domestic oil and gas production….}