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The Senate Finance Committee released its draft legislation of the reconciliation bill on Monday and, although the main structure of the bill remains the same as the house version, there are some notable differences in some of its energy provisions. Unfortunately, some of these differences are steps backward in that they replace the House bill’s […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the battle over the Big Beautiful Bill and more highlights from a busy week in Washington. Links: American Energy Alliance · #230: A Week Where Decades Happened (5/25/25) Stay Connected With The Show:
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 […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the reconciliation bill and the greatest regulatory reform of the Trump administration to date. Links: American Energy Alliance · #229: Tippy Top (5/19/25) Stay Connected With The Show:
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the fallout of recent Biden admin revelations, the battle over the “Big, Beautiful Bill,” and the future of the Inflation Reduction Act. Links: American Energy Alliance · #228: Fighting the Oligarchy (5/11/25) Stay Connected With The Show:
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 […]