Trump vows to pull back climate law’s unspent dollars
SUMMARY
Donald Trump vowed to rescind all unspent funds under the Inflation Reduction Act (IRA) if re-elected, targeting what he called wasteful spending on climate initiatives. Speaking at the Economic Club of New York, Trump emphasized that the IRA, which he dubbed the "Green New Scam," is holding back the economy and wasting taxpayer dollars. “To further defeat inflation, my plan will terminate the Green New Deal, which I call the Green New Scam,” Trump declared. “It actually sets us back, as opposed to moves us forward. And [I will] rescind all unspent funds under the misnamed Inflation Reduction Act.” Trump’s move to pull back unspent climate funds would be a bold step to cut unnecessary government spending, even in GOP districts. While Democrats rush to spend IRA money, Trump’s plan would aim to ensure taxpayer dollars aren't funneled into projects he believes offer little benefit to the economy or energy independence.
