Senate GOP includes steeper cuts to clean energy credits in updated tax bill

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Federal subsidies for wind and solar projects would see bigger cuts in the latest version of Senate Republicans‘ One Big Beautiful Bill Act, as Congress races to get the legislation on President Donald Trump’s desk.

Senate Republicans released updated text for the sweeping tax and spending legislation late Friday. The new bill looks far more similar to the version passed in the House last month, with accelerated phase-outs for clean energy tax credits.

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