New Month, Same Old Censorship From Big Tech
Mark Levin Unloads on Matt Gaetz Over McCarthy Ouster
Laura Ingraham Appeared Aghast at Some of the Reasons Offered for Booting McCarthy
Jim Jordan Reveals What He Would Do With Ukraine Aid If He Is...
Outrage Over Dems Getting Their Way
Joe Biden Severely Botches Press Conference
McCarthy Super PAC Spent Thousands of Dollars to Support the Eight Republicans Who...
White House Breaks Silence on McCarthy Ousting
Map Reveals Which Cities Illegal Migrants Are Heading For, and the Answer Is...
The Real Subject of the Budget Debate Is the Uniparty
So What Happens Until a New House Speaker Is Elected?
Dem Candidate Goes 'Antisemitic' to Own Kevin McCarthy
Hotel Rooms for Army-Navy Fans Canceled to House Illegal Immigrants
Another Company Is Closing Locations in Crime-Ridden San Francisco
'Moderate' Democrat Running to Challenge Ted Cruz Voted Against Overturning Soft-on-Crime...

The White House Is Still Considering Carbon Taxes to Pay for Biden's Massive Spending

AP Photo/Andrew Harnik

Speaking to reporters at the White House Tuesday afternoon, Press Secretary Jen Psaki said the Biden administration is still considering some kind of carbon tax to help pay for President Biden's big government, domestic agenda. 


"There's a range of revenue raisers and options on the table," Psaki said, arguing corporate polluter fees don't violate Biden's promise not to raise taxes on Americans making less than $400,000 per year. 

Americans for Tax Reform begs to differ. 

Senate Finance Committee Chairman Ron Wyden (D-Oregon) confirmed today that the Senate majority leader asked him to craft carbon tax legislation to be included in Democrats' $3.5 trillion tax and spend blowout.

Upon the request of Majority Leader Chuck Schumer (D-New York), Wyden is drafting legislation that could create a carbon tax starting as high as $18 per ton and set to increase over time, according to reporting from the New York Times. For context, the Congressional Budget Office has previously estimated that a $20 per ton carbon tax would increase taxes by $1.2 trillion over a decade while the center-left Tax Policy Center found a $20 per ton carbon tax reduces the pre-tax income of households in the lowest income quintile by nearly one percent. 

This tax increase would violate President Biden’s pledge not to raise any form of tax on anyone making less than $400,000 per year. A carbon tax would increase the price of gasoline, household energy bills and everyday consumer goods.


The White House has had a hard time convincing Democratic Senators Joe Manchin and Kyrsten Sinema to go along with Biden's $3.5 trillion spending plan. Manchin specifically is raising questions about carbon taxes already in the bill. 

"I just heard about that," Manchin told reporters on Capitol Hill Monday. "Any type of a tax is going to be passed on to the people." 

"Now if a tax is going to be beneficial to help something and give us more research and development and innovation and technology, it’s something to look at," he said. 

Join the conversation as a VIP Member


Trending on Townhall Videos