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The heart of the Republican budget legislation targets key climate and energy provisions of the Inflation Reduction Act.
The committee was tasked with finding at least $880 billion in spending cuts to help pay for the $4.5 trillion in tax cut extensions that Republicans hope to approve before the end of the year.
Analysis of the Republican bill's cuts to clean energy tax credits predicts a sharp drop in clean energy and EV sales and rising energy costs and emissions.
A GOP-backed bill aims to repeal Biden-era energy initiatives related to electric vehicles, renewable energy and fast-tracking gas exports amid budget plans.
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...
The Trump administration took steps to rescind a Biden-era regulation that lowered fees for renewable energy projects on ...
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