EPA says Trump’s big bill should help in its fight to take back billions in green bank funds
UNITED STATES, JUL 3 – The bill extends 2017 tax cuts, raises estate tax exemptions, and exempts nearly 90% of Social Security beneficiaries from federal income taxes, boosting after-tax income by $75,000 for millionaires.
- The Environmental Protection Agency and Citibank were sued by nonprofits over denial of access to funds from the Greenhouse Gas Reduction Fund .
- A new bill passed by Congress would repeal the green bank's establishment and rescind unobligated funds, aiding the EPA's legal fight against providing the funds to the groups.
- The EPA argues there is no legal obligation to grant funds to these groups, citing Sen. Capito's criticism of the program's oversight under the Biden administration.
52 Articles
52 Articles
EPA: Bill should help to take back billions in green bank funds
WASHINGTON — The sprawling tax and policy bill that passed Congress repeals a multibillion-dollar green bank for financing climate-friendly projects, and the Trump administration should be allowed to freeze its funding and cancel related contracts with nonprofits, federal officials said…
EPA says President Donald Trump’s big bill should help in its fight to take back billions in green bank funds
WASHINGTON — The sprawling tax and policy bill that passed Congress repeals a multibillion-dollar green bank for financing climate-friendly projects, and the Trump administration should be allowed to freeze its funding and cancel related contracts with nonprofits, federal officials said in a court filing. Climate United Fund and other nonprofits in March sued the Environmental Protection Agency, its administrator Lee Zeldin and Citibank, which h…
EPA says Trump's big bill should help in its fight to take back billions in green bank funds
The sprawling tax and policy bill that passed Congress repeals a multibillion-dollar green bank for financing climate-friendly projects, and the Trump administration should be allowed to freeze its funding and cancel related contracts with nonprofits, federal officials said in a court filing.
Associated Press News
EPA says Trump’s big bill should help in its fight to take back billions in green bank funds
The Environmental Protection Agency says the sprawling tax and policy bill should give it a victory in its fight to freeze billions in funding for a green bank for climate friendly projects.
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