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Russ Vought announces $1.3 trillion saved by terminating the Green New Deal
Posted on 2/13/26 at 1:45 pm
Posted on 2/13/26 at 1:45 pm
Posted on 2/13/26 at 1:46 pm to hawgfaninc
quote:
$1.3 trillion saved
Posted on 2/13/26 at 1:56 pm to hawgfaninc
Just asking because I have no idea. Is that money saved for our government and if so, over 1 year or what time span?
Posted on 2/13/26 at 1:57 pm to GumboPot
Vought is an obsessed ghoul. Those are completely phony numbers…
Posted on 2/13/26 at 1:59 pm to hawgfaninc
That's pretty impressive since the Green New Deal (which I'm opposed to) never became a law in the first place
Posted on 2/13/26 at 2:00 pm to hawgfaninc
Saving a lot of my money from a huge scam is awesome.
Posted on 2/13/26 at 2:02 pm to VOR
quote:Oh shite, in that case let’s pass the green new deal then
Vought is an obsessed ghoul. Those are completely phony numbers…
frick these republicans trying to kill us
Posted on 2/13/26 at 2:02 pm to TheHarahanian
quote:
Saving a lot of my money from a huge scam is awesome.
Especially when the Green New Deal wasn't a law
This is just more performative nonsense that they're taking credit for that doesn't exist at near the scale they claim it does
Posted on 2/13/26 at 2:06 pm to VOR
quote:
Vought is an obsessed ghoul. Those are completely phony numbers…
Of course. I had Gemini summarize the issue. The cuts were from the IRA, not the Green New Deal (which was never a law)
quote:
Based on the figures released following the 2025 executive orders and the "One Big Beautiful Bill Act," the running total of rescinded or frozen funds from the Inflation Reduction Act (IRA) and related climate programs is significant.
Here is a breakdown of the current estimated totals:
Category Estimated Amount (USD) Status
IRS Enforcement & Modernization $41.8 Billion Rescinded
EPA Greenhouse Gas Reduction Fund $27.0 Billion Rescinded
DOE Loans & Conditional Commitments $83.6 Billion Cancelled/Restructured
Climate & Environmental Justice Grants $23.3 Billion Rescinded
Home Efficiency & EV Rebates/Credits $10.5+ Billion Frozen/Repealed
Total Impacted Funding ~$186.2 Billion Combined Total
It's substantial but some of this stuff has real value and ROI. The DOE loans program is responsible for helping Tesla get off the ground and those loans were repaid so it didn't "cost" us anything as tax payers.
Posted on 2/13/26 at 2:09 pm to Powerman
Did they get up there and say “yay we defeated the Green New deal and saved money?”
Or are they talking about the EPA recently rolling back/doing away something called the Endangerment Findings that might help the auto and other industries?
It seems like we should talk this through a bit, as it sounds like you could cry at any moment here.
Or are they talking about the EPA recently rolling back/doing away something called the Endangerment Findings that might help the auto and other industries?
It seems like we should talk this through a bit, as it sounds like you could cry at any moment here.
Posted on 2/13/26 at 2:11 pm to Powerman
The ironically named Inflation Reduction Act smuggled a few Green New Deal items into law. From Wikipedia.
quote:
The Inflation Reduction Act is the largest piece of federal legislation ever to address climate change.[87] According to the CBO and JCT, it will invest $783 billion in provisions relating to energy security and climate change.[7] This includes $663 billion in tax incentives, and $27 billion for a green bank created by amending the Clean Air Act.[88][89][49] However, other forecasts differ from the CBO's and JCT's reports. A report by Credit Suisse projects that the total climate spending in the act would be $800 billion,[67][68][90] Goldman Sachs predicts a total of $1.2 trillion, the Penn Wharton Budget Model predicts $1.045 trillion, and an analysis by the Brookings Institution finds a central case of $902 billion.[91][66][92] Estimates suggest the Inflation Reduction Act could mobilize approximately USD 1 trillion for clean technologies, potentially reducing U.S. emissions by 33–40% from 2005 levels by 2030.[93] Beyond direct emissions reductions, the act functions as a green industrial policy aimed at creating 'winning coalitions'—such as cleantech manufacturers—that may eventually decrease political opposition to a national carbon price.
Posted on 2/13/26 at 2:13 pm to hawgfaninc
So that means we are going to reduce government spending and we should see 1.3 trillion less in the next budget bill right?
Right?
Right?
Posted on 2/13/26 at 2:13 pm to TheHarahanian
quote:
The ironically named Inflation Reduction Act smuggled a few Green New Deal items into law. From Wikipedia.
Correct
The $1.3 trillion dollar claim is bogus though
And I agree with some of the cuts to be clear. Particularly the EV rebates. Those needed to go. I'm not saying they didn't do some good here. I'm saying the numbers are bogus.
Posted on 2/13/26 at 2:19 pm to Powerman
You’re a big numbers guy.
I remember you were always a numbers hawk when it comes to democrats.
I remember you were always a numbers hawk when it comes to democrats.
This post was edited on 2/13/26 at 2:20 pm
Posted on 2/13/26 at 2:20 pm to VOR
quote:
obsessed ghoul
That’s what you see when you look in the mirror.
Posted on 2/13/26 at 2:24 pm to hawgfaninc
More for Somalis Learing Centers.
Posted on 2/13/26 at 2:25 pm to Powerman
quote:
That's pretty impressive since the Green New Deal (which I'm opposed to) never became a law in the first place
Yet car manufacturers weren't making these changes willingly.
Did you know back under a Democratic President it was a requirement (mandatory) that foreign car manufacturers had to have an alternative fuels program in order to sell cars in the US?
They didn't have to offer them to sale, they just had to have the program. That is largely why BMW had its traveling Hydrogen car program.
Posted on 2/13/26 at 2:27 pm to ReauxlTide222
quote:
You’re a big numbers guy.
I remember you were always a numbers hawk when it comes to democrats.
If you were bored enough to go all the way back to 2018 you'd find posts of me saying how the Green New Deal was the most absurd and financially unfeasible idea ever and it had limited benefit or ROI (I don't expect that of you and don't even know if the search would go back that far on a board with this much volume)
I do think it's important that we talk about real things here and not fake things. OP should probably at least know that the GND was never passed into legislation and that the cuts he is talking about refer to the IRA (I agree with all of the cuts other than the DOE loan program)
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