Democrats to Push Clean-Energy Tax Breaks in Infrastructure Plan
- Electric-car credit, renewable investments on Biden wish list
- Key House chair sees chance of bipartisan infrastructure deal
Photographer: Matthew Staver/Bloomberg
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A key House lawmaker unveiled plans to pursue tax breaks for renewable energy as a way to ease the shift away from fossil fuels in President Joe Biden’s upcoming infrastructure bill.
“Transitioning away from fossil fuels is going to require some tax incentives,” House Ways and Means Chairman Richard Neal, a Massachusetts Democrat, said Friday at a virtual tax policy event.