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Wednesday, June 18, 2025

Proposed Senate Budget Advances House’s Sweeping ‘Green Energy’ Cuts

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The primary Senate adaptation of President Donald Trump’s “large lovely” Fiscal 12 months 2026 funds invoice retains the wholesale slashes and clawbacks in “inexperienced power” allocations adopted by the Home when it handed its model of the spending plan by a single vote on Might 22.
Though some timelines are prolonged, the draft funds launched on June 16 by the Senate Finance Committee largely replicates the Home’s terminations of particular person tax credit for buying electrical automobiles, warmth pumps, and energy-efficient home home equipment, and for putting in rooftop photo voltaic panels.
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