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Energy Permitting Reform

All articles tagged with #energy permitting reform

politics2 years ago

Debt Ceiling Deal Breakdown.

House Speaker Kevin McCarthy and President Biden have struck a deal to suspend the debt limit until the first quarter of 2025, beyond the 2024 elections. The deal does not return spending to 2022 levels and instead keeps non-defense spending about flat, with current 2023 levels for 2024. The White House and McCarthy's negotiating team agreed on overhauling the country's permitting laws, clawing back unspent COVID relief funds, and fully funding medical care for veterans. The agreement doesn't make any changes to the Inflation Reduction Act's clean energy and climate provisions, and there are no new tax increases in the deal.

via CBS News|
#covid-relief-funds#debt-ceiling#energy-permitting-reform
politics2 years ago

Debt ceiling talks and the 14th Amendment: Updates and perspectives.

The ongoing US debt ceiling talks between President Biden and House Speaker Kevin McCarthy have yet to yield a deal, but potential areas of compromise are emerging. These include limits on federal spending and Democratic openness to clawing back unspent money from COVID relief bills. Energy permitting reform is also on the table, with the White House seeing an opportunity to make a deal on the complex issue. However, there are still disagreements on where cuts should fall and some proposals, such as work requirements on low-income Americans and reversing funding for the IRS, are unlikely to gain traction. Despite the short timeline, there is some optimism that leaders are beginning to think about what a deal could look like.

via Yahoo Finance|
#bipartisan-deal#covid-relief-bills#energy-permitting-reform