McCarthy-Biden Debt Deal Eliminates Unspent COVID Funds, Blocks IRS Expansion and Reforms Permitting

The debt limit deal struck late Saturday between House Speaker Kevin McCarthy and President Joe Biden rolls back some of Washington’s massive spending while delivering other conservative priorities like blocking new taxes and requiring some welfare recipients to work, according to a summary obtained by Just the News.

McCarthy described the deal as an “agreement in principle,” and it rolls back domestic spending to fiscal year 2022 levels while limiting “top line federal spending to 1% growth for the next 6 years.”

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Environmentalists Are Blocking the U.S. from Controlling Its Renewable Energy Future, Experts Say

Regulations pushed by environmentalists for decades have hamstrung the American mining industry, making the U.S. renewable energy needs increasingly dependent on foreign adversaries, experts told the Daily Caller News Foundation.

Extensive permitting processes under the National Environmental Policy Act (NEPA) make it extremely difficult to open mining projects in less than a decade, according to experts. The nation’s weakness in producing minerals required for technologies such as solar panels, electric vehicles and wind turbines has set it far behind the likes of China and Russia which have secured burgeoning green energy supply chains.

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