The US Department of Energy will return more than $13 billion in unobligated funds that had been allocated under the Biden Administration’s green energy initiatives. Officials describe the move as part of the Trump Administration’s effort to halt wasteful spending and to redirect the department’s focus toward its core mission.
“The American people elected President Trump largely because of the last administration’s reckless spending on climate policies that fed inflation and failed to provide any real benefit to the American people,” said US Secretary of Energy Chris Wright. “Thanks to President Trump and Congress, those days are over. By returning these funds to the American taxpayer, the Trump administration is affirming its commitment to advancing more affordable, reliable and secure American energy and being more responsible stewards of taxpayer dollars.”
The decision follows passage of the Working Families Tax Cut, signed into law by President Trump earlier this year, which directed federal agencies to reduce spending and return unobligated funds to the US Treasury. According to the Department of Energy, the funds will be used to support broader tax relief for Americans.
The department said it remains focused on its mission of delivering affordable and reliable energy while improving efficiency and ensuring more responsible stewardship of taxpayer dollars.
We will never see that money
Probably correct. – sd
At least it’s not getting directly funneled to the Chinese Communist Party the way it was scheduled to.