The Biden Treasury Department issued its final rules on the new tax credit for developers who build “energy-efficient homes.” Some of the rules are not about energy efficiency but about electrification and solar panels, which means this law has all the normal flaws of green energy laws: It picks winners and losers and thus is certain to have counterproductive unintended consequences.
we ve also seen security ramping up on the ground in anticipation of that. meanwhile, president biden continues to tout bidennomics in the hopes of persuading americans the economy is improvingch the president attended a groundbreaking ceremony for a wind tower manufacturing facility in new mexico yesterday. while there he highlighted the efforts his administration has taken to boost the economy. that includes the chips and science act, which president biden signed into law one year ago yesterday. you know, we ve created over 13 million brand new jobs since i took office, 13 million in less than three years. 90,000 new jobs right here in new mexico. 800,000 manufacturing jobs nationwide. 800,000. i know you re tired of hearing me say this but where is it written that america can t lead the world again in manufacturing? because we re going to do just that, lead manufacturing in the
to sell his economic policies ahead of the presidential election. his trip comes on the heels of a monthly report showing a gain of 187,000 jobs in july. it s an increase the president has doubted as bidennomics. two-thirds of those surveyed disapproved how mr. biden is handling the economy. reporter: president biden is heading west to sell voters on his climate agenda. this is part of an effort for the white house to take credit for accomplishments, including the inflation reduction act. that had $370 billion meant to combat climate change. the president will visit arizona first.