The IRA takes a step in the right direction by dedicating funds--4 billion under a manufacturing program, a bonus tax credit for the wind and solar developments, a loan program worth $250 billion in loans--to specifically invest in energy transition communities to retool for the clean energy economy.
Beyer outlines the IRA's funding aimed at supporting energy transition in communities.
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Mr. Speaker, firstly, I thank my friend and colleague from Arizona (Mr. Schweikert) for his leadership on the Taxpayer Experience Improvement Act, and I am proud to support him on this. The IRS has made great strides since the pandemic to…
[they made provisions like addressing taxes on tips and overtime pay temporary, as opposed to the cuts for the richest 1%, which they made permanent]
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