Biden administration to veto House GOP energy bill.

The Biden administration has issued a veto threat against a GOP-led energy bill, dubbed "The Lower Energy Costs Act," which aims to change the energy permitting process and boost domestic energy production. The White House argues that the bill will "raise costs" for consumers and "would take us backward." The energy package is a top priority for House Republicans, but it is unclear if the bill has a path toward passage in the Democratic-controlled Senate. If it passes both chambers, it would then require a two-thirds majority vote in the House and Senate to override Biden's veto.