Senate, tax credit and Clean Energy
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A new survey by Ramsey Solutions found that millennials and Gen Zers want the child tax credit (CTC) to be increased to $5,000. Some respondents claim this increase would have an impact on their decision to have children.
The Senate’s version of the “big, beautiful bill” includes changes to green energy tax credits that are more flexible than those passed by the House — but would still be a significant rollback.
EV tax credit could be axed in as few as 180 days, tariffs move up car buying, and China's cash-starved EV industry is in trouble.
The Senate Finance Committee version of the Republicans’ budget megabill would delay the end of some tax incentives from the Democrats’ climate law, according to text released Monday evening. The legislation, however, would not save incentives for renewable energy sources as some companies and groups have been lobbying for.
Expanding the Low-Income Housing Tax Credit could make a successful program even better—and address a major crisis.