Trump to spend $700M to boost U.S. coal production

President Trump said Thursday that he is invoking Cold War-era authorities to dole out $700 million in federal funds to boost coal production in the U.S.
Trump to spend $700M to boost U.S. coal production

Trump to spend $700M to boost U.S. coal production President Trump announced on Thursday the allocation of $700 million in federal funds. This action is being taken by invoking Cold War-era authorities. The purpose of these funds is to stimulate increased coal production within the United States.

  • President Trump is allocating $700 million in federal funds.
  • The funds will be used to boost U.S. coal production.
  • Trump is invoking Cold War-era authorities for this action.
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