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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 ...
House Republicans proposed cutting crucial Biden-era tax credits for wind, solar, and geothermal energy even though Republican districts have the most to gain from investments in renewables. [Link: ...
The House of Representatives is set to vote on a proposed budget that phases out some IRA tax credits supporting clean energy ...
1don MSN
In this podcast, Motley Fool host Dylan Lewis and analysts Tim Beyers and Bill Mann discuss: The Fed's continued wait-and-see ...
This downturn, driven by increased imports, slower consumer spending, and reduced government expenditure, has fueled speculation about potential Federal Reserve rate cuts. Earlier, Fed Chair ...
Fed's concern is above-target inflation that may worsen due to tariffs U.S. economy shrank last quarter, consumer spending slowed Traders expect an interest rate cut in June April 30 (Reuters ...
Check out CNET Money's weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and ... job losses in a recession could keep some buyers on the ...
Tariffs and global trade tensions threaten to drive a spike in inflation, which could be a barrier to further interest rate cuts. However, Wall Street fears the Fed might have to slash rates due ...
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