Yellen Warns Against Cuts to Clean Energy Tax Credits

Reported about 1 month ago

U.S. Treasury Secretary Janet Yellen cautioned that dismantling the Biden administration's clean energy tax credits would increase costs for families and hinder investments in manufacturing that generate jobs. Speaking at Wake Tech Community College in North Carolina, she highlighted that families across the country have utilized these credits to save on their energy bills. Yellen stated that eliminating these tax incentives would be a 'historic mistake' and could benefit foreign competitors, particularly China, while jeopardizing domestic job growth.

Source: YAHOO

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