Pelosi on $550 billion climate spending: 'For me, it's a religious thing'

House Speaker Nancy Pelosi said Thursday that the Democrats' effort to dedicate over $550 billion of taxpayer funding toward climate change initiatives in President Biden's Build Back Better Act has a religious meaning.

"For me, it's a religious thing. I believe this is God's creation and we have moral obligation to be good stewards. But if you don't share that view, you must share the view that we have an obligation to future generations," Pelosi, who was raised Catholic, said at a news conference. "So we're very excited about what is in there and it is paid for."

Biden's bill also continues the Democrats' expansion of the Child Tax Credit that passed in the $1.9 trillion American Rescue Plan Act, a coronavirus stimulus bill. For the first time, parents not earning income can claim the Child Tax Credit on their tax returns up to $3,600 per child, depending on their age.

"It's about health care for our children, clean air, clean water, it's about jobs, jobs, jobs; good paying union jobs, to keep us preeminent in green technologies throughout the world," Pelosi said.
 
Nancy Pelosi in Ghana by U.S. Embassy Ghana is licensed under flickr Public Domain Mark 1.0