"DeSantis Rejects Biden's IRA Funding"

1 min read
Source: POLITICO
"DeSantis Rejects Biden's IRA Funding"
Photo: POLITICO
TL;DR Summary

Florida Governor Ron DeSantis has rejected $350 million in energy efficiency incentives offered by President Joe Biden's Inflation Reduction Act (IRA), becoming the most prominent Republican governor to block Biden's economic agenda. DeSantis's rejection of the funding, including rebates for energy-efficient purchases, could have significant political and economic consequences. While DeSantis is the only governor to reject the energy rebates, three other Republican governors have turned down pollution mitigation funding from the IRA. The Biden administration has explored ways to bypass the blockade but has been unsuccessful so far. The administration hopes that Florida will reconsider before the funding deadline in August.

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