Congress Finalizes Passage of Rescission Package

WASHINGTON DC (07/18/2025) – Late last night, the U.S. House finalized passage of President Trump’s proposal to rescind $9.4 billion in budget authority, H.R. 4, which includes the full $125 million appropriated for FY 2025 to the Clean Technology Fund (CTF). This legislation now heads to the President’s desk for signature.

American Energy Alliance President Tom Pyle released the following statement:

“Congratulations to President Trump and to the American taxpayers for yet another legislative win that reduces wasteful government spending. As we’ve said repeatedly, this is how government is supposed to work – the days of writing blank checks to pet projects with no accountability are over.

“While this package contains many necessary clawbacks, we are especially pleased to see the Clean Technology Fund (CTF) cut. The CTF, launched during the first Obama administration, has received over $3 billion from the United States since its inception, making the U.S. the largest donor to the fund by far. It has been sold as an ‘investment fund’ for clean technology, when in reality it is nothing more than a slush fund to subsidize the world’s energy experiments on the back of the American people.

“Through all of the debate in both the House and Senate on the rescission package, the cuts to CTF funding have remained, meaning the majority of Members in both Chambers recognize it for the boondoggle that it is. Enough is enough – the American people, and citizens around the world, deserve access to affordable, reliable energy, and the responsible stewardship of their hard-earned tax dollars, not ideologically driven schemes.”

AEA Experts Available For Interview On This Topic:

• Tom J. Pyle, President
• Kenny Stein, Vice President of Policy
• Alex Stevens, Manager of Policy and Communications

Additional Background Resources From AEA:

• AEA Urges Congress to Act on $9.4 Billion Rescission Package
• Wind and Solar are the Worst Generating Technologies, Heavily Subsidized by Biden’s Climate Bill

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