Tag: Inflation Reduction Act

WASHINGTON DC (05/23/25) – This week, the House passed the “Big, Beautiful” budget reconciliation bill. This bill advances key elements of President Trump’s agenda to unleash America’s energy potential.  The House bill prioritizes energy security and affordability by eliminating costly green energy subsidies and wasteful green grants to outside organizations. While it falls short of full […]

Early Thursday morning, the House passed its version of the Republican reconciliation legislation package. The two main goals of the legislation are extending the 2017 Tax Cuts and Jobs Act and rolling back the 2022 Inflation Reduction Act (IRA). Republicans made a lot of changes over the past week, with conservative members of the House […]

The Republican controlled Congress is now considering a plan to fully repeal President Biden’s poorly named Inflation Reduction Act (IRA) of 2022. There are many reasons to fully repeal the IRA; however, the “Green New Deal” elements are especially troubling. The IRA’s energy subsidies are projected to cost taxpayers between $936 billion and $1.97 trillion […]

In 2022, President Biden and a Democratic Congress passed the Inflation Reduction Act (IRA). No Republican voted for it in the House or the Senate. The IRA should be repealed because:  Excessive Fiscal Burden Inefficiency and Market Distortion The IRA’s subsidies have led to market distortions, such as negative electricity prices, where producers continue generating […]

On April 30th, 2025 the American Energy Alliance, along with 31 other market advocacy organizations, sent a letter to all members of Congress calling on them to repeal all Green New Deal inspired subsidies passed in Biden’s Inflation Reduction Act. The text of the letter is available below. Dear Members of Congress, We, the undersigned […]

President Biden’s signature climate law, the Inflation Reduction Act (IRA), provided green energy with huge subsidies costing taxpayers well over $1 trillion, despite being estimated to cost $369 billion by the Congressional Budget Office (CBO). One reason is that there is essentially no cap on the freebies awarded to green energy because the national emissions test used to […]

WASHINGTON DC (2/14/25) – This week the American Energy Alliance joined with over 50 free-market groups and organizations to urge Congress to scrap the Inflation Reduction Act’s (IRA) Green New Deal provisions. Our letter warns that IRA subsidies will push the U.S. away from reliable energy (natural gas, oil, and coal) toward unreliable sources (wind, solar), […]

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the tentative transition occurring at the White House and Team Biden’s race against time to spend every tax-dollar they can. Links: American Energy Alliance · #208: God-Tier Level Trolling (11/25/24) Stay Connected With The Show:

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the priorities of Team Biden during their waning days in the White House and a few issues that remain outstanding after the election. Links: American Energy Alliance · #207: How Awkward Was That? (11/15/24) Stay Connected With The Show:

WASHINGTON DC (11/12/24) – The Biden-Harris administration is poised to finalize a new methane emissions tax for U.S. oil and gas producers today. The tax, mandated by President Joe Biden’s 2022 Inflation Reduction Act, was originally outlined but left to the Environmental Protection Agency to finalize. The finalized rule will impose a penalty of $900 […]