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House GOP wants to cut parts of the Inflation Reduction Act while sparing others
House Republicans’ axe has fallen in places both expected and surprising.
Republican leadership in the Ways and Means committee of the U.S. House of Representatives released Monday night a draft of a reconciliation bill that seeks to undo much of the Inflation Reduction Act. Sustainable aviation fuel is among the technologies that might see its incentives spared, as were bonuses for clean energy producers known as “adders.” The House bill also does not seek to claw back funds that have already been spent, contrary to what’s happening at the EPA. Lobbyists and political action committees are already rolling out pressure campaigns to dissuade GOP politicians from voting in favor, and they have a chance at succeeding given how many Republican districts have benefited from the IRA in just a few years.
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