S. 5383 is a bill introduced in the United States Senate aimed at rescinding $810 million in funds designated for green energy loans. Specifically, this bill targets unobligated balances from the funds made available under section 50141(b) of the Inflation Reduction Act. The...
Simple Explanation
S. 5383 is a plan to take back $810 million that was going to help make more green energy, like solar and wind power. This plan doesn't say why the money is being taken or what it will be used for instead.