I was wondering whether EV tax credits risk getting slashed because of the budget crisis.
I know that many/most Republicans are against this part of the IRA.
"Repealing the law's tax credits would save the United States $570 billion over the coming 10 years,
according to the nonpartisan Congressional Budget Office."
I know that many/most Republicans are against this part of the IRA.
"Repealing the law's tax credits would save the United States $570 billion over the coming 10 years,
according to the nonpartisan Congressional Budget Office."
Solar, EV firms say Republicans' debt limit a 'stunt' that could cost jobs
Solar and EV companies are warning that a Republican plan to slash federal spending in exchange for a hike in the U.S. debt ceiling could hobble the tax incentives that unleashed billions of dollars in green investment and created tens of thousands of jobs in Republican districts over the past year.
www.reuters.com