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Home > "SuperFund Tax Shortfall: Trouble For Cleanups, EPA Budget"

"SuperFund Tax Shortfall: Trouble For Cleanups, EPA Budget" [1]

"Appropriators had banked on the toxic waste site cleanup program as an EPA budget savior. That might not pan out."

"The Biden administration has juiced EPA’s Superfund program with billions of dollars, but an unexpected shortfall for “polluter pays” taxes and election-year politics may bring the high times for the toxic waste site cleanup program to a close.

The program’s final wave of funding from the Infrastructure Investment and Jobs Act went out earlier this year, and Republican lawmakers — as well as a potential second Trump administration — want to halt President Joe Biden’s high-spending environmental agenda, which could rip support from Superfund along with other green programs.

EPA’s budget documents show more than $1.2 billion in total Superfund tax receipts were available in fiscal 2024, less than half of the $2.5 billion that was previously estimated for that year."

Kevin Bogardus and Ellie Borst report for E&E News April 15, 2024. [2]

Environmental Health [3]
Environmental Politics [4]
Laws & Regulations [5]
Pollution [6]
Waste [7]
National (U.S.) [8]
Public [9]
Source: E&E News [2], 04/17/2024
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Source URL:https://www.sej.org/headlines/superfund-tax-shortfall-trouble-cleanups-epa-budget

Links
[1] https://www.sej.org/headlines/superfund-tax-shortfall-trouble-cleanups-epa-budget [2] https://www.eenews.net/articles/superfund-tax-shortfall-trouble-for-cleanups-epa-budget/ [3] https://www.sej.org/category/topics-beat/environmental-health [4] https://www.sej.org/category/topics-beat/environmental-politics [5] https://www.sej.org/category/topics-beat/laws [6] https://www.sej.org/category/topics-beat/pollution [7] https://www.sej.org/category/topics-beat/waste [8] https://www.sej.org/category/region/national [9] https://www.sej.org/taxonomy/term/81