LIZ PEEK: The gigantic slush fund inside the Biden White House
Opinion by Fox News • 1h
The outrage over $2 billion being handed to a Stacey Abrams-related start-up by the defeated Joe Biden administration is justified. But it is not surprising. Climate spending by the Biden White House was always political.
In 2022, President Joe Biden tapped long-time Democrat operative John Podesta to oversee the disbursement of $375 billon to climate-related initiatives – monies that were included in the dishonestly named "Inflation Reduction Act." Those funds were supposed to be spent on projects that would drive the country towards Democrats’ goal of a 40% reduction in carbon output below 2005 levels by 2030.
In reality, the funds set up a gigantic slush fund within the White House, available to Podesta as he set about boosting Democrats’ prospects in 2024. When Podesta was appointed, Gina McCarthy, Biden’s domestic climate adviser, left the White House. Perhaps she declined to turn what was meant to be an important tool against climate change into a political magic wand.
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