Whitehouse says EPA exaggerates tax law’s effect on ‘green bank’

July 11, 2025
Senate Environment & Public Works Committee (EPW) ranking member Sheldon Whitehouse (D-RI) is slamming the Trump administration’s “false claims” in court about how the Republicans’ recent reconciliation law will affect EPA’s Greenhouse Gas Reduction Fund (GHGRF) often referred as a “green bank.” “Trump’s [Department of Justice (DOJ)] is continuing its mischief by falsely claiming Republicans’ [reconciliation law] claws back $17 billion from [the GHGRF], even though the [Congressional Budget Office (CBO)] score for the unobligated funds was $19 billion --...


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