The U.S. Department of Energy (DOE) says a proposal by House Republicans to scale back its budget to fiscal year 2022 funding levels would raise costs for consumers, taxpayers, and industry, while derailing momentum in “re-shoring” domestic manufacturing capacity.
“That would be absolutely catastrophic at this critical moment,” Deputy Energy Secretary David Turk told the Senate Appropriations Committee’s Energy and Water Development Subcommittee during a May 3 budget hearing.
