House Republicans Push to Preserve Green Energy Tax Credits in Budget Talks
A group of 21 GOP lawmakers urges targeted changes to energy tax credits, citing benefits to private investments and energy security.
- Twenty-one House Republicans, led by Rep. Andrew Garbarino, sent a letter to the House Ways and Means Committee advocating for the preservation of certain green energy tax credits from the Inflation Reduction Act (IRA).
- The lawmakers argue that repealing these credits would disrupt ongoing clean energy projects, harm private sector investments, and raise energy costs for consumers.
- The IRA's tax credits have spurred significant economic activity in Republican districts, with around 85% of private-sector investments in clean energy projects occurring in these areas.
- The effort highlights divisions within the GOP, as some conservatives push for a full repeal of the IRA’s credits to fund President Trump’s tax and spending priorities.
- The House Republicans' slim majority complicates budget reconciliation negotiations, as leadership must balance calls for spending cuts with preserving investments critical to their districts.