Republican Sens. Lisa Murkowski (AK), John Curtis (UT), Thom Tillis (NC), and Jerry Moran (KS) sent a letter to Senate Majority Leader John Thune (R-SD) warning against full repeal of the clean energy tax credits included in the Inflation Reduction Act in the forthcoming reconciliation package. The lawmakers said that for “energy credits that provide a direct passthrough benefit to ratepayers, repeals would translate into immediate utility bill increases, placing additional strain on hardworking Americans.” The lawmakers also said that as the Trump Administration continues efforts to restore manufacturing and secure supply chains, “maintaining a reliable energy tax environment is essential to attracting long-term investment, particularly in states that offer business-friendly climates.”
