21 House Republicans Back IRA Tax Credits Amid Budget Talks

A coalition of 21 House Republicans, led by Congressman Andrew Garbarino, has publicly opposed plans to eliminate key clean energy tax credits established under the Inflation Reduction Act (IRA). In a letter addressed to the House Ways and Means Committee, these lawmakers emphasized the importance of maintaining these incentives to ensure energy affordability and project stability in their districts, which have seen significant investments due to the IRA. They argue that any abrupt changes to the tax structure could disrupt ongoing clean energy projects and jeopardize long-term planning for developers. This pushback complicates the Republican agenda to cut federal spending without affecting Medicaid, as they seek to finance substantial tax cuts. The support for preserving these tax credits reflects a growing acknowledgment of their value in promoting energy dominance and economic growth, particularly in Republican-controlled areas. The Republicans' stance is bolstered by proactive backing from 17 state attorneys general advocating for the protection of the IRA.