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News about Inflation Reduction Act

Stay current with all the latest and breaking news about Inflation Reduction Act, compare headlines and perspectives between news sources on stories happening today. In total, 243stories have been published about Inflation Reduction Act which Ground News has aggregated in the past 3 months.

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Top Inflation Reduction Act News

One Big Beautiful Bill: Designed For Wealthy, Senate Can Change That

Donald Trump · United States

One Big Beautiful Bill: Designed For Wealthy, Senate Can Change That

46% Center coverage: 26 sources

Budget plan implementing President Trump’s priorities narrowly passed the house. It gives wealthy an average tax cut of $80,000 - 40 times that of middle-income families.See the Story

Senate Republicans Challenge Electric Vehicle Tax Policy

Corruption · United States

Senate Republicans Challenge Electric Vehicle Tax Policy

50% Left coverage: 4 sources

Senate Republicans proposed legislation to end tax credits for electric vehicles, reversing previous policies under President Biden. The measure impacts new, used, and leased EV tax credits, introducing stringent requirements and phasing out some benefits. It contrasts with the House's version, which extends certain credits beyond 2025.See the Story

Senate GOP bill spares nuclear and geothermal energy while hammering wind and solar

Solar Power · United States

Senate GOP bill spares nuclear and geothermal energy while hammering wind and solar

67% Left coverage: 3 sources

The Senate Finance Committee’s language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act while sparing others.See the Story

Senate Cuts Wind, Solar Incentives, Keeps Tax Credits for Nuclear, Geothermal Energy

100% Center coverage: 1 sources

Congress is set to decide the future of tax credits for energy technologies, electric vehicles and domestic manufacturing. Late on Monday, June 16, the Senate Finance Committee unveiled its changes to the "One Big, Beautiful Bill," striking a middle ground between maintaining energy tax credits and the steeper cuts passed by the U.S. House of Representatives. Congress is pursuing changes to energy tax credits to help offset the cost of renewing …Senate See the Story

Senate Finance Committee Reduces House IRA Cuts, but Few Changes for Wind and Solar

100% Left coverage: 1 sources

Wind and solar projects must begin construction by the end of 2025 to qualify for the Inflation Reduction Act’s full 45Y and 48E tax credits in the Finance Committee's proposed budget bill.Senate · United States See the Story

Biopharma innovation meets market headwinds tempering optimism, says GlobalData

The biopharmaceutical industry is grappling with a complex mid-year outlook in 2025, as accelerating innovation collides with mounting policy and market uncertainty. From US drug pricing reforms to global tariff tensions, sentiment has taken a hit—reflected in a 16% drop in industry optimism. Amid tightened funding, strategic partnerships are emerging as a critical lever for resilience and growth, says GlobalData, a leading data and analytics co…Innovation · United States Read Article

Don’t Cut Clean Energy Tax Credits — Montana’s Future Depends On Them

100% Left coverage: 1 sources

Since 2022, Montana has experienced a forward-thinking energy policy. Clean energy tax credits have helped drive the development of 11 major energy projects across our state, including solar and battery storage. These efforts have attracted $2.4 billion in investments and…Inflation Reduction Act · Montana See the Story

Wind and Solar Energy Subsidies vs. Oil and Gas Tax Deductions

100% Right coverage: 1 sources

The Inflation Reduction Act of 2022 (IRA), President Biden’s signature climate bill, passed solely by Democrats, contains lucrative, essentially uncapped subsidies for wind and solar-generated power. Under current law, the tax credits phase out over four years, starting in either 2032 or when the U.S. power sector’s greenhouse gas emissions fall to a quarter of their 2022 levels — whichever comes later. An essentially uncapped phase-out defies t…Joe Biden · United States Read Article

E&E News: Fossil fuel booster meets with Republicans on megabill

Alex Epstein has been lobbying GOP lawmakers against saving Inflation Reduction Act credits.Republican Party · United States Read Article

Senate Excludes Orphan Cures Act From Trump's Tax Bill, Impacting Biopharma

The biopharma industry faced a setback as the Senate’s version of the One Big Beautiful Bill Act, linked to President Donald Trump’s tax reforms, excluded the Orphan Cures Act, a provision aimed at amending an Inflation Reduction Act (IRA) clause affecting rare disease treatments. This bipartisan act sought to exempt drugs with multiple rare disease indications from Medicare’s price negotiations, an exemption currently applicable only to drugs t…Donald Trump · United States See the Story

Support energy tax credits in reconciliation package

100% Center coverage: 1 sources

With energy innovation we can use technology to create a healthy and affordable future we’ll be proud to tell our grandchildren about.Inflation Reduction Act · Missoula See the Story

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