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Monday, January 30, 2023

Biden visits National Renewable Energy Laboratory to continue to promote climate policy

President Joe Biden concluded his West Coast trip in Colorado on Tuesday, continuing to push his $1 trillion bipartisan infrastructure bill and $3.5 trillion spending plan.

Biden visited the National Renewable Energy Laboratory in Golden, Colorado, and observed the facility’s wind turbine testing and new battery technology before giving a speech.

Biden said: “Today, not tomorrow, we must invest to slow our contribution to climate change.”

Biden also surveyed areas affected by wildfires in California on Monday and visited areas affected by flash floods on the east coast last week to promote these bills and use weather events to justify his climate agenda.

Biden also touted the infrastructure bill as a creator of union jobs and an improvement in the power grid.

“We need a modern power grid. One with higher capacity, more flexible transmission, and greater storage capacity,” Biden said. “Using advanced batteries, so it can remain in the absence of sunlight and wind. The remaining energy produced.”

The infrastructure bill passed a bipartisan vote of 19 Republicans in the Senate last week. It is now heading to the House of Representatives.

At the same time, the Democrats of the House of Representatives announced plans to increase taxes on businesses and the wealthy on Monday to fund Biden’s huge budget proposal of $3.5 trillion. In addition to investment in climate policy, the proposal also includes health care and childcare. And expand social programs.

The tax law change will be the most significant change since the 2017 Republican tax cut. These include a 39.6% tax rate for individuals earning more than $400,000, a 3% tax rate for couples earning more than $450,000, and a 3% tax rate for Americans with an adjusted income of more than $5 million for one year. The tax rate for companies earning more than $5 million will increase from 21% to 26.5%.

The Democrats are trying to pass the budget resolution without the support of the Republicans, but Senator Joe Manchin (DW.Va.) said over the weekend that he would not vote for the $3.5 trillion bill, saying there was “no way” to meet September 27. Requirements. The deadline set by the Democratic Party.

On Tuesday, reporters asked Biden if he would sign a settlement plan that includes streamlined measures to address climate change. “I am ready to take more climate measures,” Biden said.

When asked if Biden was willing to recoup his $3.5 trillion asking price, Chief Deputy Press Secretary Karin Jean-Pierre told reporters on the flight to Colorado that there was no phone call between Biden and Manchin. , But added that the White House has been communicating with members of the mountain and their staff.

According to the Gallup and Ipsos polls, when Biden made his speech, Biden’s approval rate was higher than that of the vaccine authorization he announced last week and the U.S. withdrawal from Afghanistan. The drop.

Nick Ciolino reports from the White House.


This News Originally From – The Epoch Times

World Nation News Desk
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