President Donald Trump vowed to roll back as many of the previous administration’s globalist policies as possible, and he continues to hold true to that promise.
Since he returned to the White House, Trump has already erased most of former President Joe Biden’s so-called “Inflation Reduction Act,” a misleadingly named federal law designed to advance the radical green agenda.
According to reports, Trump has worked overtime to kill off as much of Biden’s Inflation Reduction Act as possible, and he scored several wins in that pursuit this week, with the outlet reporting that the legacy Biden law has been “significantly” rolled back.
The bill, which was sold to the public as a way to reduce the highest prices in decades, was really nothing more than a way to give Democrats hundreds of billions for various projects and policy ideas.
The bill did absolutely nothing for Biden’s sky-high inflation and instead created a monster of a spending problem that the economy is still attempting to recover from.
Much of what the Trump administration has rolled back revolves around the various green and clean energy spending in the Inflation Reduction Act.
Biden touted it as the “most significant legislation in history to tackle the climate crisis.”
The bill also included major new healthcare provisions sought by Democrats, and was financed by tax hikes on corporations and investors.
President Trump’s “Big, Beautiful Bill” was key in erasing much of the green energy nonsense that was included in Biden’s IRA.
The clean energy provisions of the bill, in particular, have been significantly repealed by the One Big Beautiful Bill Act that President Donald Trump signed on July 4.
The move was a major blow to Biden’s legislative legacy.
All types of green energy-related items in Biden’s bill have been wiped out by the Trump administration or will be soon.
Some of those include tax credits for electric vehicles, and many of the solar and wind energy tax credits have also been repealed, angering liberals and Democrats.
James Bowe, a partner at King & Spalding who focuses on energy, commented on how he believes Trump’s bill has caused a resurgence of interest in fossil fuels.
“The One Big Beautiful Bill Act has positioned the federal government to encourage investment in traditional fossil fuel projects,” Bowe said via an email statement.
He added, “One result of the [OBBBA] enactment and related changes in federal energy policy has been an upsurge in new natural gas and liquified natural gas project development, the revival of several large natural gas pipeline projects, and a rush to develop new gas-fired generating facilities.”
Only time will tell if the Trump administration can finally erase any trace of Biden’s damaging legislation.
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