Clean Energy Projects Hinge on Senate Megabill

Wait 5 sec.

“Democrats and clean energy advocates are ratcheting up pressure on a handful of Republican senators to salvage billions of dollars in projects, ahead of an expected vote next week on President Trump’s megabill that targets critical subsidies for elimination,” the Wall Street Journal reports.“How fast to wind down clean-energy credits is one of several contentious pieces of the tax-and-spending legislation, along with reductions in Medicaid spending, that Republican party leaders need to iron out quickly to hit a July 4 deadline for delivering the bill to Trump’s desk. While some Republicans are trying to protect funding for projects in their states, other GOP lawmakers see the subsidies as a ripe target for savings, as the party moves to extend and expand Trump’s tax cuts.”