Possible Modifications to IRA Subsidies That Would Reduce Taxpayer Liabilities While Retaining Climate Benefits - R Street Institute

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Possible Modifications to IRA Subsidies That Would Reduce Taxpayer Liabilities While Retaining Climate Benefits - R Street Institute

Key Findings Introduction Republicans have expressed interest in repealing elements of the 2022 Inflation Reduction Act (IRA). This may be an attractive option for funding other priorities (e.g., tax cut extension), but because Republican constituents also benefit from IRA subsidies, repeal or modification of such subsidies may be politically challenging. As a historical example, despite Republican... The post Possible Modifications to IRA Subsi…