Biden would cover the cost of his plan, which includes $400 billion for clean energy research, with revenues from repealing the tax cuts enacted by President Trump in 2017, another indicator of how much Biden is prioritizing climate in his agenda. A partial rollback of the tax cut is seen as the best hope for finding new revenue for Democrats, and candidates have been using that potential funding source to showcase their most prominent policy ideas.

Source: Los Angeles Times June 04, 2019 10:01 UTC