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No, Trump Isn’t Raising Your Electricity Bill
['Isaac Orr', 'Amy Cooke', 'H.W. Crocker Iii', 'Debra J. Saunders', 'Anne Hendershott', 'Richard K. Vedder', 'Robert Stacy Mccain', 'John Mac Ghlionn']
The American Spectator | USA News and Politics
Blaming President Trump for today’s electricity costs is like blaming the bartender for your hangover.
The higher bills families face today are the binge drinking; phasing out endless subsidies is the Alka-Seltzer that helps us sober up.
According to a recent CATO analysis, the Inflation Reduction Act’s energy subsidies would have cost taxpayers $4.7 trillion by 2050.
Advocates promised savings because wind and solar are “free,” but reality tells a different story: since 2004, residential rates have surged past inflation, saddling Coloradans with the Mountain West’s highest electricity costs.
Rahm Emanuel is right that Americans are angry about rising electricity costs.