After months of negotiations, President Joe ***** released the latest version of his Build Back Better framework on Thursday, advancing the landmark proposal into what will likely be its final phase before approval. The plan’s original $3.5 trillion budget resolution now sits at $1.75 trillion, unveiling scaled-back initiatives to tackle climate change and other social services.
In its latest budget proposal, the White House’s total investment in fighting climate change remains relatively the same, sitting at $550 billion. What’s changed the most is how those funds will be used: focusing on manufacturing, electric power, and transportation.