The GOP may be unable to undo Democrats' top recent achievement, but a Republican president can wreak havoc with its implementation.
more than $270 billion in capital investments on projects and manufacturing tied to renewable energy and electrification, according to the American Clean Power Association.Still, DeSantis, the Florida governor, earlier this year blocked funding tied to the law in his state, while former New Jersey Gov.
Some guidance documents may not be completed because of their complexity or because programs aren’t yet scheduled to take effect, such as a credit for technology-neutral net-zero power sources, which will replace the existing wind energy production tax credit and solar energy investment tax credit. Trump and Republicans tried in 2017 to repeal most of the law, also known as Obamacare, but failed when then-Sen. John McCain voted against the effort.
Senate Majority Leader Chuck Schumer after a press conference last month on the Inflation Reduction Act's anniversary. | Francis Chung/POLITICO For now, Navin said, the IRA is the “law of the land” regardless of who wins the White House, and the administration’s ability to shift priorities is limited.
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