The biggest investment ever in the U.S. to fight climate change.
, thanks to requirements that component parts be manufactured and assembled in the U.S. And pricier cars costing more than $55,000 and SUVs and trucks priced above $80,000 are excluded.
The bill would impose a new fee on excess methane emissions from oil and gas drilling while giving fossil fuel companies access to more leases on federal lands and waters. There will also be a new 1% excise tax imposed on stock buybacks, raising some $74 billion over the decade.
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