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Trump rails against green tax credits in big, beautiful bill

  • President Donald Trump criticized the Senate's Big Beautiful Bill on social media, calling green tax credits a 'giant SCAM' and 'JUNK' that harms the environment and is expensive.
  • The Senate version of the bill allows a longer phase-out period for tax credits from former President Joe Biden, unlike the House version which cuts them more severely.
  • The bill's green energy provisions will require 60 votes to pass, according to the U.S. Senate parliamentarian, affecting Republican strategies.
  • Senate Majority Leader John Thune stated that he has not secured key GOP votes for the bill, which was sent back for edits.
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Forbes broke the news in United States on Saturday, June 21, 2025.
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