H.R. 6636 is a comprehensive 11-title bill addressing climate, economic, defense, and governance priorities. The centerpiece is the "Market Choice Act," which establishes a carbon tax on fossil fuels beginning at $35 per metric ton in 2027 with annual increases, along with taxes on industrial emissions and manufactured products; 75% of revenues flow to the RISE Trust Fund for highway infrastructure (70%), low-income household grants (10%), coastal flood mitigation (4%), and clean energy research through 2036. Beyond climate policy, the bill includes cancer research funding increases, restrictions on congressional stock trading, comprehensive new sanctions against Russia including 500% tariffs and financial institution asset freezes, school safety standards with $100 million in annual funding, voting access reforms allowing unaffiliated voters in primary elections, expanded worker assistance for energy sector workers facing displacement, and expanded veterans' benefits. The legislation also establishes a bipartisan National Climate Commission to set emissions reduction goals and creates a 20-member National Bipartisan Fiscal Commission to recommend solutions to federal deficits within 18 months.
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