Don Beyer actually said...

It is an economic dividend approach, where all of the money is given back to the American people.

It then applies a 'polluter pays' principle by requiring polluters to pay to emit carbon within those caps.

Investing in and supporting our communities and workers by resolving inequities and fostering adaptation, resilience, and relief.

Finally, the revenue raised from the sale of those permits is returned straight to the American people.