Biden’s Budget Invests Billions in Green Energy; House GOP Says Will Lead to Higher Costs

Biden’s Budget Invests Billions in Green Energy; House GOP Says Will Lead to Higher Costs
U.S. President Joe Biden speaks to members of the press after he arrived at the White House in Washington on March 9, 2023. Biden returned from Philadelphia to release his Budget for Fiscal Year 2024. Alex Wong/Getty Images
John Haughey
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President Joe Biden’s $6.9 trillion Fiscal Year 2024 (FY24) budget request sustains the green energy emphases established with the adoptions of the Infrastructure Reduction Act and Bipartisan Infrastructure Law, and increases spending to combat the “climate crisis” by 26 percent.

Biden’s FY24 budget request, released March 9—more than a month late in the annual budget cycle—invests $52.2 billion “to tackle the climate crisis,” nearly $11 billion more than what Congress granted him in his FY23 budget.

John Haughey
John Haughey
Reporter
John Haughey is an award-winning Epoch Times reporter who covers U.S. elections, U.S. Congress, energy, defense, and infrastructure. Mr. Haughey has more than 45 years of media experience. You can reach John via email at [email protected]
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