"House Republicans are considering repealing parts of Democrats’ signature climate law — and replacing it with parts of their own — in their opening bid in talks to raise the debt ceiling.
Substituting elements of the Inflation Reduction Act with the House GOP’s energy package, which Senate Majority Leader Chuck Schumer (D-N.Y.) has called “dead on arrival” in his chamber, captures the party’s current negotiating strategy: throwing everything at the wall and seeing what sticks.
“We need as much leverage as possible because we know it will get watered down in the Senate,” said Rep. Nancy Mace (R-S.C.). “If you have more leverage on the front end, that will hopefully get us a better outcome on the back end.”"
Emma Dumain and Jeremy Dillon report for E&E News April 19, 2023.
SEE ALSO:
"McCarthy Ties Energy, Regulatory Demands To Debt Talks" (E&E News)