Guess who will spend Biden's "inflation reduction" $$$?

President Joe Biden on Monday will announce creation of a new White House team, to be led by senior adviser John Podesta, that will oversee spending of the $369 billion in climate incentives included in the Inflation Reduction Act, according to an executive order obtained by POLITICO.

Creation of the new office represents the Biden administration’s efforts to pivot from passing historic climate legislation to implementing its provisions in a way that helps achieve the president’s goal of cutting U.S. emissions in half by the end of this decade. The new office, which will collaborate with the existing White House Office of Domestic Climate Policy, will have responsibility for structuring the law’s grant programs, clarifying language for tax credits and touting its economic and jobs potential. …

The White House will give Podesta a team within the Executive Office of the President under the newly created White House Office on Clean Energy Innovation and Implementation. The order emphasized the new office, working in tandem with the climate policy office, would help speed clean energy deployment, reduce the cost of energy efficient appliances, boost U.S. domestic manufacturing that would create more jobs, put electric vehicles on the road and lower energy costs.