News & Analysis as of

Budget Cuts Inflation Reduction Act (IRA)

Cadwalader, Wickersham & Taft LLP

House Budget Proposal Would Drain Power from Energy Tax Credit Sales

Enacted in August 2022, the Inflation Reduction Act (the “IRA”) expanded energy tax credits by increasing credit amounts across the board and broadening eligibility criteria to include new technologies....more

Cozen O'Connor

Cozen Currents: The Bipartisan Impact of Partisan Legislation

Cozen O'Connor on

The Cozen Lens- •Republicans have been talking a big game about repealing the Inflation Reduction Act in its entirety but actually going through with it will be more difficult. •Non-defense spending is poised to be hit...more

Cozen O'Connor

AGs Ask Congress Not to Deflate Inflation Reduction Act

Cozen O'Connor on

A group of 11 Democratic AGs wrote a letter to Congressional leaders urging them to protect the Inflation Reduction Act (IRA) from budget cuts. In the letter, the AGs argue that cuts to IRA funding could harm programs that...more

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