Biden’s Budget Pledges $36B for Climate, Nearly Doubling Federal Spending On It

Biden’s Budget Pledges $36B for Climate, Nearly Doubling Federal Spending On It

The Biden administration released its detailed budget proposal on Friday and it contained $36 billion in total for climate, a huge increase in climate-related spending. 

Why This Matters:  Biden is making good on campaign promises, and he proposes to pay for it by keeping another promise and ending subsidies to fossil fuels that would have cost billions.

 

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