White House racing to lend $4B in climate funds before election
When Joe Biden and Kamala Harris announced $4,000,000,000 in tax credits across America for over 100 projects to accelerate domestic clean energy production, many liberals hailed it as a win.
According to Yahoo, the Biden-Harris administration revealed "up to $4 billion in loan aid for renewable energy companies to help rejuvenate a program that faced harsh political attacks over past failures of federally subsidized projects."
It turns out that this was another one of those things that was simply a lot of talk and very little action from America's liberals.
With time ticking down to the 2024 election, the Biden-Harris administration is racing to figure out what to do with these funds before the election.
It's looking more and more like everything that U.S. Secretary of Energy Jennifer M. Granholm said when the project launched was nothing more than a complete lie.
"From direct grants to historic tax credits, the President’s Investing in America agenda is making the nation an irresistible place to invest in clean energy manufacturing," she said. "The President’s agenda places direct emphasis on communities that have traditionally powered our nation for generations, helping ensure those communities reap the economic benefits of the clean energy transition and continue to play a leading role in building up the next wave of energy sources."
If these Biden-Harris policies were working as well as Granholm said they would, then the White House wouldn't be scrambling to figure out how to dispense this money!
It looks like even with government incentives, America's not really on board with all of the green energy rhetoric that the Biden-Harris administration pushes.
We're not stupid, and we know that things like Biden's energy plans are never as good as they sound.
The loan funds could have been put to much better use in other areas, now we have to worry about where the Biden-Harris administration will distribute them!
This program was a complete and total failure.
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