Speaker of the House Mike Johnson indicated Tuesday that he will try to save some of the green energy subsidies unleashed by President Joe Biden’s signature climate bill if he gets the chance to do so.
Elected Republicans are divided on whether to pursue a full repeal of the Inflation Reduction Act (IRA), and particularly its green energy subsidies, if the party is able to secure enough leverage in the 2024 elections. Johnson told CNBC on Tuesday that he would prefer to approach any potential repeal efforts “with a scalpel and not a sledgehammer.”
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