Dr. Phosphorous
Platinum Member
- Sep 3, 2024
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Most Republicans will never admit it, but Biden's 2021 Infrastructure Investment and Jobs Act was a godsend for red states. The Infrastructure Investment and Jobs Act allocated hundreds of billions of dollars for green energy projects.
These green energy jobs are now GONE...thanks to Trump's "Big, Beautiful Bill".
And most of the new green energy manufacturing projects from Biden's Infrastructure Investment and Jobs Act were in red states. Hundreds of thousands of good paying manufacturing jobs in the high-tech green energy field....GONE, overnight.
Overall, the "Big, Beautiful Bill" hurts red states more than blue states.
I thought Trump wanted to bring manufacturing back to this country with his stupid ****ing tariffs? Instead, this bill does the exact opposite. MAGA rubes....this is how Trump helps the working class???
Now, some Republican Senators such as Thom Tillis (R-NC) are greatly concerned about this, as the Washington Post article below discusses.
From the Washington Post --
In all, the bill would take away $522 billion that is scheduled to be injected into local economies across the country.
“The majority of the government spending is creating jobs and manufacturing capacity in red states,” said Jason Bordoff, the founding director of the Center on Global Energy Policy at Columbia University. “So this puts Republicans, generally and now in the Senate, in the position of having to choose whether to support the party line or maintain support for government programs that are creating a lot of economic activity in their states.”
The measure — branded by Trump as the One Big Beautiful Bill — would rapidly phase out billions of dollars of tax incentives contained in the Inflation Reduction Act, which Congress passed in 2022. Some of the tax credits would end as soon as this year. The bill also slows the shift to electric vehicles by eliminating a tax credit of up to $7,500 for their purchase.
To pass it, Trump will need votes from Senate Republicans who have championed the green subsidies in their home states.
Sen. Thom Tillis (R-North Carolina), one of the most vulnerable senators up for reelection next year, suggested Thursday that he would push for a slower phaseout of the clean energy subsidies. An immediate phaseout, he said, would “have a chilling effect” on “future investments” in the domestic energy sector.
“For companies that have made major capital deployment decisions, we need to respect that or people are going to start thinking that the United States has massive changes in policy every two years in this space, and that will be devastating to the U.S.’s current position as the innovation leader,” he said. “We’ve got to maintain that position.”
The subsidies have sparked billions of dollars’ worth of projects nationwide, but a Washington Post analysis last year found that most of the investments are flowing to red states.
In Tillis’s home state of North Carolina, the law has helped attract $23 billion in investment, according to data compiled by Atlas Public Policy and Utah State University. Forty-seven new facilities in the state — including a massive Toyota battery plant — could create about 20,000 new jobs, the data shows.
Now, analysts and advocates say, such projects could collapse or relocate abroad. The cuts also threaten the stability of the power grid, which is heavily reliant on solar and wind power.
“If this bill becomes law, America will effectively surrender the AI race to China and communities nationwide will face blackouts,” said Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, one of many groups lobbying the Senate to change course.
https://www.washingtonpost.com/business/2025/05/23/senate-clean-energy-tax-credits/
These green energy jobs are now GONE...thanks to Trump's "Big, Beautiful Bill".
And most of the new green energy manufacturing projects from Biden's Infrastructure Investment and Jobs Act were in red states. Hundreds of thousands of good paying manufacturing jobs in the high-tech green energy field....GONE, overnight.
Overall, the "Big, Beautiful Bill" hurts red states more than blue states.
I thought Trump wanted to bring manufacturing back to this country with his stupid ****ing tariffs? Instead, this bill does the exact opposite. MAGA rubes....this is how Trump helps the working class???
Now, some Republican Senators such as Thom Tillis (R-NC) are greatly concerned about this, as the Washington Post article below discusses.
From the Washington Post --
In all, the bill would take away $522 billion that is scheduled to be injected into local economies across the country.
“The majority of the government spending is creating jobs and manufacturing capacity in red states,” said Jason Bordoff, the founding director of the Center on Global Energy Policy at Columbia University. “So this puts Republicans, generally and now in the Senate, in the position of having to choose whether to support the party line or maintain support for government programs that are creating a lot of economic activity in their states.”
The measure — branded by Trump as the One Big Beautiful Bill — would rapidly phase out billions of dollars of tax incentives contained in the Inflation Reduction Act, which Congress passed in 2022. Some of the tax credits would end as soon as this year. The bill also slows the shift to electric vehicles by eliminating a tax credit of up to $7,500 for their purchase.
To pass it, Trump will need votes from Senate Republicans who have championed the green subsidies in their home states.
Sen. Thom Tillis (R-North Carolina), one of the most vulnerable senators up for reelection next year, suggested Thursday that he would push for a slower phaseout of the clean energy subsidies. An immediate phaseout, he said, would “have a chilling effect” on “future investments” in the domestic energy sector.
“For companies that have made major capital deployment decisions, we need to respect that or people are going to start thinking that the United States has massive changes in policy every two years in this space, and that will be devastating to the U.S.’s current position as the innovation leader,” he said. “We’ve got to maintain that position.”
The subsidies have sparked billions of dollars’ worth of projects nationwide, but a Washington Post analysis last year found that most of the investments are flowing to red states.
In Tillis’s home state of North Carolina, the law has helped attract $23 billion in investment, according to data compiled by Atlas Public Policy and Utah State University. Forty-seven new facilities in the state — including a massive Toyota battery plant — could create about 20,000 new jobs, the data shows.
Now, analysts and advocates say, such projects could collapse or relocate abroad. The cuts also threaten the stability of the power grid, which is heavily reliant on solar and wind power.
“If this bill becomes law, America will effectively surrender the AI race to China and communities nationwide will face blackouts,” said Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, one of many groups lobbying the Senate to change course.
https://www.washingtonpost.com/business/2025/05/23/senate-clean-energy-tax-credits/
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