

Biden EPA spends 93% of IRA money, leaving little for Republicans to claw back - Washington Examiner

The Biden administration has spent roughly 93% of the funding appropriated by the Democrat-passed Inflation Reduction Act for clean energy projects, making it difficult for President-elect Donald Trump to keep his promises to halt the flow of money.
The Environmental Protection Agency announced today that it has awarded nearly all $69 billion from the 2022 IRA and from the 2021 Bipartisan Infrastructure Law.
This includes deploying more than $38 billion in awards and other obligations from the IRA, representing 93% of the funding made available to the EPA under the law. The EPA is expecting to finalize additional funding negotiations by the end of the week.
Ahead of the announcement, administration officials revealed that all 93% of the IRA funding is legally obligated to the award recipients. While different programs may be subject to differing terms and conditions, the EPA said the funds can only be legally terminated and withdrawn if there is a failure to comply with the terms and conditions of the award agreement.
Between the first Trump administration and the Biden administration, the agency has only been forced to terminate 30 out of more than 38,000 unique grants.
This means it will be increasingly difficult for the Trump administration and Republican-led Congress to roll back the climate-focused IRA.
Republicans have vowed to walk back any unspent funding from the Democratic-passed legislation since it was passed.
“To further defeat inflation, my plan will terminate the Green New Deal, which I call the Green New Scam,” Trump said in September.
“It actually sets us back, as opposed to moves us forward. And [I will] rescind all unspent funds under the misnamed Inflation Reduction Act,” he said.
While discussions originally focused on a full repeal of the legislation, more Republicans have indicated support for keeping various provisions.
This stems from much of the funds from the IRA supporting programs in both Republican and Democrat-led districts that are boosting rural economic growth, job creation, and local emissions reductions.
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House Speaker Mike Johnson (R-LA) said in the fall that his party would need to use a “scalpel” rather than a “sledgehammer” on the law.
Still, more controversial programs, such as the electric vehicles tax credit and methane emissions reductions program, are expected to remain a target for Republicans.