Biden administration promises to veto GOP energy bill.

President Biden has vowed to veto the GOP's Lower Energy Costs Act, which aims to boost energy production, in its current form. The White House has stated that the bill would counteract the administration's agenda promoting green energy sources over fossil fuel alternatives. The bill proposes to replace pro-consumer policies with a "thinly veiled license to pollute," according to the memo. The White House believes the bill would double costs for families to purchase home appliances that are more energy efficient than current models and repeal the Greenhouse Gas Reduction Fund. The House is set to hold a floor vote on the bill this week.