Speaker of the House Mike Johnson, R-La., talks with reporters in the U.S. Capitol after the last votes of the week on Thursday, September 12, 2024.
U.S House Speaker Mike Johnson said he would preserve some of the clean energy tax credits enacted under President Joe Biden but would seek to eliminate others, as an upcoming battle over taxes next year comes into focus in Washington.
Johnson declined to specify which provisions he would support keeping in place, saying he's "not putting any of that on the table yet."
More than a dozen members of Johnson's own party, many of whom face difficult re-election fights, asked the speaker in a letter last month to preserve some of the tax credits and deductions in the IRA.
"Prematurely repealing energy tax credits, particularly those which were used to justify investments that already broke ground, would undermine private investments and stop development that is already ongoing," the 18 lawmakers wrote in the letter.
Persons:
Mike Johnson, Joe Biden, You've, Johnson
Organizations:
U.S, Capitol, CNBC, Louisiana Republican, Riggs, D.C, Republican
Locations:
Washington, Louisiana