Trump administration plans $800M in subsidies to boost coal industry, citing national security
By
Editorial Board
Summary
President Donald Trump announced that rising electricity prices constitute a national security threat, and his administration plans to use over $800 million in government funds to subsidize the coal industry. The opinion piece criticizes this move as a costly subsidy for coal at taxpayer expense.
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Key quotes
· 3 pulledPresident Donald Trump announced this week that rising electricity prices are a national security threat
The administration is spending hundreds of millions of dollars to subsidize the coal industry.
his administration is planning to use more than $800 million of government funds to boost the coal industry.
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