It is a short-term bill that lacks any attempt to solve the country’s long-term fiscal challenges through tax increases or changes to Medicare and Social Security.
The House bill not only protects all the clean energy subsidies passed last year, but also includes a bipartisan priority known as permitting reform that has the potential to remove some of the bureaucratic obstacles to major clean-energy projects.
“This is the thing the Climate Left keeps not acknowledging,” Matthew Yglesias wrote in his Substack newsletter this week.
Instead, they led to a classic political deal that left untouched the major accomplishes of Biden’s first term.
It is a reminder that he is the most successful bipartisan negotiator to occupy the White House in decades.
Persons:
Biden, ” Matthew Yglesias
Organizations:
Social Security, Republicans, Republican Party, House
Locations:
Appalachian