These Energy Tax Credits Are on Chopping Block in GOP Megabill

1 Min Read
These Energy Tax Credits Are on Chopping Block in GOP Megabill

US Politics

Tax credits for weatherization improvements, electric vehicles, heart pumps, ‘rootop solar’ could be out the window.

A revised Senate Republican megabill to implement President Donald Trump’s agenda hastens terminations of tax credits for renewable energy development, while offering a new tax inducement for coal production.

Senate Republicans are currently racing to pass the legislation—called the Big Beautiful Bill Act—ahead of a self-imposed July 4 deadline to get it before Trump’s desk.

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