Daily Caller
By Michael Ginsberg
July 7, 2021
President Joe Biden is emphasizing a tax code change targeting energy companies that would fund part of his American Families Plan and make gas prices rise.
“If we end tax breaks for fossil fuels and make polluters pay to clean up the messes they have made, that would raise $90 billion. I’m not asking them to do anything that is unfair. Just not going to subsidize them anymore,” Biden told a crowd in Crystal Lake, Illinois on Wednesday. Press Secretary Jen Psaki had toutedthe speech as promoting provisions of the American Jobs Plan and American Families Plan that congressional Democrats will attempt to pass via the reconciliation process.