The Inflation Reduction Act (IRA), President Biden’s climate investment law, took more than a year of negotiation and debate before enactment. Some of the biggest climate moves of the next administration are likely to come in the first months of 2025, regardless of the outcome of the election. At the heart of the matter are two events already set on the calendar: the reinstatement of the federal debt limit in January and the expiration of many of the Trump-era tax cuts later in the year.
Similar Stories to The Next Congressional Climate Fight Is Already Brewing on Bing News
Justin Worland, Time
Mon, 06/24/2024 - 5:00am
Topics: inflation reduction act ira president biden&rsquo trump-era senate white house supreme court congressional i&rsquo ira the goldman sachs democrats democratic european union at ira in congress republicans house washington the ev tax carbon support year bipartisan law provisions government enjoy cuts discussion biggest expected election technology imports limit widely wide politics
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