Trump To Redirect Tens of Billions Of Unspent Funds To ‘Real Infrastructure’ Projects
Charlie Kirk Staff
11/27/2024

President-elect Donald Trump is planning to redirect unspent Inflation Reduction Act funding to spending on infrastructure, according to the Daily Caller.
“President Trump will rapidly defeat inflation and bring down all prices by ending the Democrats’ anti-energy crusade, which will cut energy prices in half during his first 12 months in office,” Karoline Leavitt, Trump-Vance transition spokeswoman, told the DCNF in a written statement.
“He will also terminate the Green New Scam and rescind all unspent funds from the so-called ‘Inflation Reduction Act’ and redirect them to spending on real infrastructure,” she added.
As the Biden-Harris administration races to allocate tens of billions in funding from the Inflation Reduction Act (IRA) before Biden leaves office, President-elect Trump is moving forward with plans to repeal the IRA and redirect any remaining funds from Biden’s climate law toward infrastructure projects.
However, the incoming Trump administration’s pledge to reprogram the leftover IRA funding could face legal challenges due to restrictions on reallocation within congressional appropriations. Additionally, failure to spend the funds as directed by Congress could violate a Nixon-era budget law that mandates the executive branch to spend money appropriated by Congress.
The Inflation Reduction Act (IRA), which passed with party-line votes and no Republican support, allocated nearly $105 billion for “climate” spending. The Biden administration seems unlikely to fully obligate this substantial amount before President-elect Trump takes office, potentially giving Trump control over tens of billions of dollars in unspent IRA funds once he returns to the Oval Office in January, the Caller added.
The Biden-Harris Environmental Protection Agency (EPA) may leave the Trump administration with at least $3.5 billion in unspent IRA funds, including over $1.5 billion designated for “environmental justice” grants. According to an EPA press release from August 16, the agency is on track to allocate more than $38 billion of its IRA funding by December 31.
“Based on the Energy and Commerce Committee’s findings so far, I would hope [EPA] Administrator [Michael] Regan would not take the extraordinary step of rushing the distribution of more than $1.5 billion dollars in so-called ‘environmental justice’ grants to obscure groups with only a vague charge to talk about environmental issues and teach other organizations how to apply for more grants,” Republican Virginia Rep. Morgan Griffith, chair of the Energy and Commerce oversight and investigations subcommittee, told the Daily Caller News Foundation.