Republicans Vote to Kill Jobs to Give Tax Breaks to the Rich
Overnight, Republicans on the U.S. House Committee on Ways and Means and the U.S. House Committee on Energy and Commerce voted to approve proposed bill text for the Congressional reconciliation process.
The GOP proposals would fund tax breaks for the wealthiest Americans by killing job-creating programs, eliminating incentives to reduce pollution, and stripping healthcare from millions of Americans. Some of the most harmful provisions include:
- Attaching restrictions to clean energy and manufacturing tax credits that would make them unusable in practical terms while also “sunsetting” those tax credits early, a move that research suggests will increase costs for American families;
- Repealing the Clean Vehicle Tax Credits;
- Repealing the Clean Hydrogen Tax Credit;
- Clawing back unspent funds for air quality monitoring in schools, clean manufacturing, state and community energy programs, and electric grid upgrades;
- Defunding and delaying the Methane Emissions Reduction Program (MERP), which reduces pollution and protects the health of workers and communities;
- Clawing back all unspent Inflation Reduction Act funds, including many provisions that would have lowered energy bills, created jobs, and reduced pollution; and
- Attacks on many additional Inflation Reduction Act programs and initiatives.
Following the markups, the BlueGreen Alliance released a statement from Executive Director Jason Walsh:
“These actions show who the GOP really cares about: billionaires, not workers. Repealing the Inflation Reduction Act—and make no mistake, that’s exactly what these bills will do as they go to the House floor—is a deep betrayal of working Americans.
“This fight isn’t over. We will not stand by while Republicans give tax breaks to the rich, while killing jobs, cutting health care, and increasing air and water pollution.”