Critics Denounce Biden’s New $13 Billion Energy Cost-Reduction Handout as Election ‘Gimmick’

The Epoch Times Header

A White House official said the Biden administration plans to provide around $13 billion in aid to households to lower energy costs, prompting critics to denounce the measure as an “election year gimmick” and that the real fix would be to adopt policies that boost domestic energy production.

Vice President Kamala Harris plans to announce the newest initiative while visiting a union hall and training facility in Boston later on Nov. 2, an administration official told reporters during a call on Tuesday.

The initiative includes $4.5 billion in new resources under the Low-Income Home Energy Assistance Program (LIHEAP) to help lower heating costs for families this winter, according to a White House fact sheet. Part of the funds will be for covering heating costs and some will be for making home energy repairs to lower heating and cooling bills.

Another $9 billion in new rebate program funding will come from the Inflation Reduction Act. The money will be used for upgrading homes to lower energy bills, including by installing half a million heat pumps and retrofitting homes with better insulation.

The White House billed the initiative, which also includes $250 million to boost heat pump manufacturing in the United States, as a way to lower energy bills, reduce pollution, and “help tackle climate change.”

‘Election Year Gimmick’

Proponents of the new initiative said the measures would lower energy bills for American families, while opponents have criticized them as increasing government dependency and trying to buy votes ahead of the midterms.

“Reduce energy supply to make people dependent on the government—got it,” Tom Borelli, former business executive and Newsmax contributor, said in a statement on social media, commenting on reports about the Biden administration’s newest spending plans.

David Williams, president of the Taxpayers Protection Alliance (TPA), told the Daily Mail that the Biden administration has gotten it “completely wrong” on how to go about lowering energy costs.

By Tom Ozimek

Read Full Article on TheEpochTimes.com

The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

The 2020 Election Was Stolen and China Helped!

Chinese intelligence forces conducted a clandestine plot to sow multiple states with fraudulent ballots to swing the 2020 election from Trump to Biden.

The Brits & Ukrainians Are Plotting To Manipulate Trump Into Escalating Against Russia

Russia’s Foreign Intelligence Agency (SVR) warned that the Brits and Ukrainians are preparing two false flag scenarios in the Baltic Sea.

Trump Should Support Israel in its War to Destroy Iran’s Nuclear Program and Topple the Regime

Israel’s airstrikes on Iranian nuclear facilities and military targets presents an opportunity for the US to assert its strategic interests in the Middle East.

Air India Flight 171’s Odd Crash Anomalies

Those looking at the early video of the Air India flight AI171 crash had 3 different ideas of what caused it, but were there problems with the scenarios?

Senate Duo Pushes Total Pharma Ad Ban Bill

Will MAHA cede the moral and political high ground to Sanders and Dem party and allow them to lead on vanquishing the pharma-media industrial complex?

Democratic Leaders Call for Increased Security Funding After Minnesota Shootings

Jeffries and Schumer cite rising threats and political violence...

Toy Companies Ask Supreme Court to Take Up Challenge to Trump’s Tariffs

Educational toy companies asked Supreme Court to weigh in on Trump’s tariffs, potentially teeing decision on encroachment on congressional authority.

Trump Says He Will Likely Extend TikTok Divestment Deadline Again

President Trump said on Tuesday that he will likely extend the deadline once again for TikTok to divest from its China-based parent company ByteDance.

Nature Journal to Publish Files on Peer Review to Open Up ‘Black Box’ of Science

The scientific journal Nature is going to publish files showing the peer review process for all manuscripts moving forward, editors said on June 16.

Trump Leaving G7 Summit Early to Focus on Middle East, White House Says

President Donald Trump will leave the G7 summit earlier than planned, opting to return to Washington, the White House said on Monday.

Trump Touts US–UK Trade Deal Signed at G7

President Donald Trump announced on Monday that the recently finalized UK-US bilateral trade agreement is “signed and done.”

Trump Calls Expelling Russia from G8 ‘a Big Mistake’ at Canada Summit

The president says Putin’s presence in the group could...

All Eyes on Trump as G7 Summit Begins Amid Middle East Tensions

President Trump arrived in Alberta, Canada for the G7 summit, marking his first major international leaders’ gathering in his second term.
spot_img

Related Articles