The Inflation Reduction Act is addressed in and exuctive order, Unleashing American Energy, signed by President Trump, which calls for an immediate halt to the disbursement of funds allocated under both the Inflation Reduction Act of 2022 and the Infrastructure Investment and Jobs Act.
These funds include appropriations for initiatives such as electric vehicle charging stations and other related programmes. Federal agencies are instructed to conduct thorough reviews of their processes, policies, and programmes to ensure alignment with the broader policies outlined in the order, including an emphasis on cost-effectiveness and prioritising American workers and businesses. No further disbursement of funds will proceed without clearance from the Office of Management and Budget and the President's Economic Policy Assistant, ensuring compliance with review outcomes.
The order also underscores the need for Federal spending decisions, including procurement and leasing, to prioritise cost efficiency and the sensible use of taxpayer money. Agencies are further directed to identify any potential flexibility in enforcement of existing regulations to advance the overarching policy goals.
In addressing these actions, the order takes a critical stance toward previously enacted climate-focused legislation, reflecting a shift in priorities to energy independence, affordability, and strengthening economic and national security.
