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Hogar Noticias Noticias de la Industria 21 House Republicans begin to express support for budget review

21 House Republicans begin to express support for budget review

  • March 12, 2025
When the House Ways and Means Committee began planning the government's 2025 budget under President Trump, 21 House Republicans signed a letter requesting committee chairman Jason Smith (R-MO) to retain the existing energy tax credits.

This letter is led by Congressman Andrew Gabarino (R-NY) and shares the same views as a similar letter last summer, which was signed by 18 Republican lawmakers demanding that Speaker of the House Mike Johnson (R-LA) retain the Irish Republican Army.

In our letter dated March 9th, we write to emphasize the importance of prioritizing affordable energy for American households and maintaining our current energy dominance in efforts to repeal or reform existing energy tax credits

The Republican Party points out that the long-term certainty of IRA is crucial for developers to plan and fund domestic energy projects in the United States.

Many tax credits are established within a decade, which allows energy developers to consider these tax incentives when planning. These timelines have been heavily dependent on capital allocation, planning, and project commitments, all of which are threatened by additional restrictive mechanisms such as premature cancellation of tax credits or restrictions on transfers, "the Republicans wrote.

© Derechos de autor: 2025 Xiamen Wintop New Energy Tech Co., Ltd.. Reservados todos los derechos.

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