Report: White House telling Democrats climate spending could top $555 billion


The White House has told several congressional allies that the Democrats' spending bill will include between $500 billion and $555 billion for climate change programs, four people familiar with the matter told Politico Tuesday.
During a phone call with reporters, a senior Biden administration official did not share any details on the amount, only saying, "We continue to engage with Congress on this incredibly important topic and see the ball moving forward. We feel that the conversations have been accelerating in the right direction."
People with knowledge of the negotiations told Politico the bill will not include a proposed system of penalties intended to get power companies to increase renewable energy. To replace this program, which Sen. Joe Manchin (D-W.Va.) opposed, there will be grants, tax credits, and loans that will help steel, cement, and aluminum companies quickly decarbonize.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
President Biden, who has pledged to cut U.S. greenhouse gas emissions 50 to 52 percent below 2005 levels this decade, will attend a global climate summit next week in Scotland. Sen. Ron Wyden (D-Ore.) told reporters the goal has "always been, send the president to Glasgow with a very strong position."
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
Trump DOJ indicts New York AG Letitia James
Speed Read New York Attorney General Letitia James was indicted as Trump’s Justice Department pursues charges against his political opponents
-
Judge blocks Trump’s Guard deployment in Chicago
Speed Read The president is temporarily blocked from federalizing the Illinois National Guard or deploying any Guard units in the state
-
Trump urges jail for Illinois, Chicago leaders
Speed Read The Texas National Guard begin operations in the Chicago area
-
Bondi stonewalls on Epstein, Comey in Senate face-off
Speed Read Attorney General Pam Bondi denied charges of using the Justice Department in service of Trump’s personal vendettas
-
Court allows Trump’s Texas troops to head to Chicago
Speed Read Trump is ‘using our service members as pawns in his illegal effort to militarize our nation’s cities,’ said Gov. J.B. Pritzker
-
Judge bars Trump’s National Guard moves in Oregon
Speed Read In an emergency hearing, a federal judge blocked President Donald Trump from sending National Guard troops into Portland
-
Museum head ousted after Trump sword gift denial
Speed Read Todd Arrington, who led the Dwight D. Eisenhower Presidential Library and Museum, denied the Trump administration a sword from the collection as a gift for King Charles
-
Trump declares ‘armed conflict’ with drug cartels
speed read This provides a legal justification for recent lethal military strikes on three alleged drug trafficking boats