Signed by 39 states and local leaders, the letter requires Congress to protect all clean energy tax deductions provided by the state and local governments, and thousands of jobs and billions of dollars before President Donald Trump’s frozen. I was in charge of investment. funds.
These tax deductions and legislation, which enables Iniplation Derbuction Act or IRA, which is a signature climate policy of Biden Administration, starts 750 clean energy projects that have created 400,000 new jobs and more than $ 42.2 billion. It was helpful. But it drew the anger of the Trump administration. One of Trump’s first acts was to sign an administrative order to stop the program for the program according to the IRA, but the tax deduction is still not enough because the tax deduction still requires parliamentary acts.
Republican -led countries have the most benefits in credit, and freezing the community all over the country will harm. letter It was dispatched to the Senate’s parliamentary leaders.
“The abolition, rollback or adjustment of clean energy incentives improves numerous energy projects and jobs across Korea, risks millions of US jobs, increases everyday Americans, and pays billions of dollars of taxpayers’ dollars. We will force US jobs abroad. This letter is written by 133 local leaders representing 25 million Americans in the jurisdiction led by the Democratic Party and the Republican Party.
Trump is frozing climate funds. Can he do that?
IRA is the largest single investment in the United States to solve climate change, and allocates tax incentives to promote energy conversion from fossil fuels for billions of dollars through subsidies, loans and tax incentives. The bill has passed without a single Republican vote and has continued to face the party. attackSome Republican members of the parliament supported it as money began to flow into the community. According to a letter from local leaders, 85 %of the investments announced and 53 %of the new clean energy occupations from IRA are in the Republican region.
The IRA has established a charging station for the installation of solar heat for electric vehicles and government buildings due to 13 tax deductions created by IRA for state and local governments. In the first year of the available tax deduction, we used more than 500 local governments.
Kate Gallego, the Phoenix market, said that the temporary suspension of tax deductions created uncertainty for local governments and companies on funding for various projects. In many cases, credit comes out in the form of repayment to the city. Phoenix has already ordered a hybrid electric bus thanks to incentives and received $ 15 million in subsidies to expand the EV charging network and solve the city’s air quality problem. She is trying to find out if the funds can still be used as urban leaders work as a fiscal year budget, she said.
Many projects cannot proceed without sure that there will be funds. And if the IRA tax deduction is abolished, the electricity bill for Americans in the country will reduce $ 489 a year, reducing jobs.
“Whether people are interested in energy consumption, US innovation or energy independence, clean energy tax deductions and direct wages have developed this agenda.” Climatic marketMarket network focused on climate action. Many letter signators are members.
‘It’s Demoralizing’: Trump’s freezing freezing of climate funds has left the tribe and community organizations as Limbo.
The uncertain future of tax deductions is one of the results of the Trump administration’s financing frozen throughout the government. Constitutional crisis. The Federal Judge has ruled that the Trump administration could not suspend the funds approved by the parliament to the state and local governments. The agency is still abandoning the money.
As a result, 22 Democratic Lawyers raised the consent to enforce the judge’s ruling and to order a prohibition order to prevent the financing freezing in one of the court cases. Monday, A The federal judge made a ruling The Trump administration must immediately restore all the frozen federal funds.
Attorney General Kris Mayes said, “This fund is owed by the laws of Arizona. name Legal report announcement. “Trump can try all the tricks to step on to avoid the Constitution, but I will be there to prevent him.”
Modification: The previous version of this story misused Trump’s administrative order on the clean energy tax deduction that can be used for state and local governments by the inflation reduction law. Tax deductions have not been suspended because of parliamentary acts.
