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Posted On: 03/11/2025 5:32:50 AM
Post# of 13645
House Republican support grows for keeping clean energy tax breaks
Josh Siegel and James Bikales
Mon, March 10, 2025 at 8:00 AM EDT7 min read
As POLITICO first reported, Republicans on the House Ways and Means Committee, which has jurisdiction over the credits, are expected to begin meeting behind closed doors this week to draft legislative text.
Garbarino, who is co-chair of the bipartisan Climate Solutions Caucus, said he and his fellow Republicans are releasing their letter addressed to Ways and Means Chair Jason Smith (R-Mo.) ahead of those meetings to help inform their work.
In the new letter, which the Republicans framed to appeal to Trump, the lawmakers warn that repealing certain tax credits “would increase utility bills the very next day.” They said the incentives are helping to boost manufacturing and energy production that will help meet the growing power demand from a fleet of planned artificial intelligence data centers.
https://www.yahoo.com/news/house-republican-s...00330.html
icymi
Josh Siegel and James Bikales
Mon, March 10, 2025 at 8:00 AM EDT7 min read
As POLITICO first reported, Republicans on the House Ways and Means Committee, which has jurisdiction over the credits, are expected to begin meeting behind closed doors this week to draft legislative text.
Garbarino, who is co-chair of the bipartisan Climate Solutions Caucus, said he and his fellow Republicans are releasing their letter addressed to Ways and Means Chair Jason Smith (R-Mo.) ahead of those meetings to help inform their work.
In the new letter, which the Republicans framed to appeal to Trump, the lawmakers warn that repealing certain tax credits “would increase utility bills the very next day.” They said the incentives are helping to boost manufacturing and energy production that will help meet the growing power demand from a fleet of planned artificial intelligence data centers.
https://www.yahoo.com/news/house-republican-s...00330.html
icymi
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