[“Burning Money” image by Gene Case/Avenging Angels. It was featured on the cover of The Nation magazine in 2003, accompanying an article by  Christian Parenti about the George W. Bush/Dick Cheney attempted nuclear power relapse.]

During the presidential campaign and since taking office, Donald Trump has hooted and hollered about repealing and revoking the Inflation Reduction Act of 2022, and the Bipartisan Infrastructure Law of 2021. He has even threatened to claw back subsidies already awarded. Apparently, that only applies to the good ideas: renewables, efficiency, and storage. But it’s now clear, nuclear power bailouts will continue to flow. On March 17, the second disbursement of U.S. Department of Energy loan guarantees for the unprecedented restart of the closed Palisades reactor in Michigan was announced. So far in 2025, $95 million of hard earned U.S. taxpayer money has been handed over to crooked Holtec, from $1.52 billion awarded. $15 billion more could follow.