
Energy & Environment |
Energy & Environment |
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House sends GOP megabill to Trump's desk |
The House approved the Senate's version of the Republican policy bill, sending major cuts to climate-friendly tax credits to Trump's desk. |
The legislation passed the House 218-214, with Reps. Thomas Massie (Ky.) and Brian Fitzpatrick (Pa.), voting with Democrats against the measure. The overwhelming Republican support was a reflection of both the enormous appetite within the GOP for extending the 2017 tax cuts and a demonstration of Trump's immense grip on his party, where loyalty to the president is presumed and defectors risk a career-ending political backlash.
A major piece of the bill is its cuts to tax credits for renewable energy and electric vehicles. The EV credit disappears after Sept. 30. Meanwhile, renewables either have to start construction in the next year or produce electricity by 2028 to have access to the credit. The latter cuts have been a major point of contention in deliberations thus far, with moderates saying it goes too far and conservatives saying it didn't go far enough. Ultimately, the vast majority of swing district Republicans and Freedom Caucusers alike voted for the legislation. Read more here, from The Hill's Mike Lillis, Mychael Schnell and Emily Brooks. |
Programming note: There will be no newsletter tomorrow for the 4th of July! We'll be back on Monday. Welcome to The Hill's Energy & Environment newsletter, I'm Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. Programming note: This newsletter will not publish tomorrow for the July 4 holiday. See you Monday! |
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How policy will affect the energy and environment sectors now and in the future: |
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The Environmental Protection Agency (EPA) is placing staffers who signed a letter of dissent against the Trump administration's actions and policies on leave. |
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The Republican megabill passed by Congress on Thursday contains an extension and expansion of a program to compensate Americans who developed cancer from radiation exposure linked to the U.S. nuclear weapons program. |
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With the signature policy bill of President Trump's second term hanging in the balance this week, the president and his allies got to work, using a mixture of vinegar and honey to win over skeptics and ensure its final passage. |
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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Upcoming news themes and events we're watching: |
Wednesday - The Senate Environment and Public Works Committee will vote on whether to advance nominees to the EPA and Nuclear Regulatory Commission
Thursday - The Senate Energy and Natural Resources Committee will hold a hearing on the Forest Service's budget
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Two key stories on The Hill right now: |
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The "big, beautiful bill" is heading to President Trump's desk. Read more |
| With the GOP's "big, beautiful bill" headed to President Trump's desk for signature Friday, wealthy Americans are poised to receive significant tax breaks partly offset by steep cuts to social welfare programs. Read more |
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You're all caught up. See you Monday! |
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