Trump Threatens to Cancel Additional $12 Billion in Investment That Would Have Lowered Costs and Created Jobs
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The list of potential cancellations now totals $24 billion, hurting both Republican- and Democratic-led states
Washington, D.C. – After canceling $8 billion in investments last week, Trump is reportedly considering canceling an additional $12 billion for energy projects in red and blue states across the country, bringing the total amount of cancellations since May to almost $24 billion. These projects would have created jobs, lowered utility costs, and put more energy on the grid, but Trump and Republicans are happy to inflict even more pain on the American people in order to get what they want: tax cuts for billionaires.
Some of the biggest impacts will be felt in Republican strongholds like North Dakota, Ohio, and Texas. Even Republican Senator Thom Tillis (NC) admitted that the “price at the meter is going to go up” due to Trump’s cuts.
“Trump’s chaotic project cancellations are leaving American workers wondering whether they can pay their bills, and he’s saddling us with higher and higher utility costs,” said Climate Power Communications Director Alex Glass. “These reckless cuts are going to cost Americans — literally. From skyrocketing energy bills to cutting jobs, Donald Trump has made it clear he’s more interested in his donors’ bottom line than yours.”
Here are the states most impacted by Trump’s cuts:
