Energy Credits a Sticking Point in GOP’s Hopes for Tax Package

July 12, 2024, 8:45 AM UTC

Republicans are divided over whether to claw back the energy credits created and expanded by Democrats’ 2022 tax-and-climate law, complicating the GOP efforts to offset the costs of a major tax package next year.

Some top Republicans say rolling back the credits could help pay for an extension of the 2017 tax law provisions that expire at the end of next year. Former President Donald Trump, too, has pledged to seek repeal of the credits if he wins another term.

But the task may not be so simple for the GOP, even if they win full control of Congress and ...

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