GOP Senators Express Opposition to House's Clean Energy Tax Credit Cuts

Reported about 12 hours ago

Key Republican senators have stated that the House's severe cuts to President Biden's clean energy tax credits will not pass in the Senate. After the House narrowly approved a significant tax and spending bill aimed at dismantling clean energy incentives, Senate leaders plan to draft their own legislation, with moderates expressing concerns over the potential impacts on the energy sector. While there is resistance from moderate Republicans to the House's approach, analysts suggest the final Senate version may result in less severe impacts on the clean energy industry.

Source: YAHOO

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