These Energy Tax Credits Are on Chopping Block in GOP Megabill

These Energy Tax Credits Are on Chopping Block in GOP Megabill

Sen. Thom Tillis (R-N.C.) departs a meeting with Senate Republicans in the U.S. Capitol on June 28, 2025. Al Drago/Getty Images

A revised Senate Republican megabill to implement President Donald Trump’s agenda hastens terminations of tax credits for renewable energy development, while offering a new tax inducement for coal production.

Senate Republicans are currently racing to pass the legislation—called the Big Beautiful Bill Act—ahead of a self-imposed July 4 deadline to get it before Trump’s desk.

Original News Source Link – Epoch Times

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