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NC Businessmen: Trumps Bill Will Cost Jobs, Hurt Economy

Summary by Mt. Airy News
Republicans in Congress have advanced a bill cutting clean energy tax credits, and the industry is bracing for the impacts. The legislation targets incentives like the 30% residential solar tax credit extended by the Inflation Reduction Act. Business leaders and…

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Higher unemployment and a shrinking global economy could be two of the consequences of Donald Trump's trade war. If it gets bad enough, loans could become cheaper.

The U.S. Senate has made progress in processing a revised reconciliation bill, with a vote of 51 to 49, which eliminates fiscal incentives for solar energy and adds new taxes to the future development of clean energy. The upper house approved the transfer to the debate of the updated draft of the Finance Committee bill. The new version not only eliminates tax credits for solar energy, but also introduces a new tax on the future development of th…

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pv-magazine-latam.com broke the news in on Wednesday, July 2, 2025.
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