Democratic Rep. Elaine Luria of Virginia said that the Inflation Reduction Act passed in August was more an environmental bill than one addressing inflation.
“The Inflation Reduction Act — that might be the name, but it’s a huge environmental bill that includes a lot of things, such as the tax credits necessary to make these kind of developments,” Luria said while at an Aug. 24 event with the BlueGreen Alliance.
WATCH:
“It was great being with local labor, environmental, and community leaders today in Chesapeake to highlight the investments being made in the offshore wind industry and workforce in Coastal Virginia,” Luria posted on Twitter.
President Joe Biden signed the Inflation Reduction Act into law on Aug. 16. The legislation is loaded with green energy provisions, including a $7,500 tax credit for electric vehicles, and expanded the Environmental Protection Agency’s control over the energy industry in response to a Supreme Court ruling.
The legislation also increased the budget for the Internal Revenue Service by $80 billion, allowing the tax agency to hire another 87,000 agents.
Luria did not immediately respond to a request for comment from the Daily Caller News Foundation.
Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.
Technology addiction and economic challenges may be contributing to Gen Z becoming America’s most mentally…
The U.S. Department of Homeland Security (DHS) has taken formal steps to eliminate the 2022…
The House of Representatives postponed a vote on a veterans bill Thursday after a few…
Democratic Pennsylvania Sen. John Fetterman said Wednesday he would leave the Democratic Party if it…
The Trump administration is imposing 25% tariffs on Brazil after finding that the socialist-run country…
For too long, access to some of the most valuable segments of the global economy…