Congressional republicans have passed the republican tax bill that kills a slew of tax credits to help working families become more energy efficient, improve US air quality, and boost US manufacturing – instead channeling that money to wealthy elites, increasing the deficit by $3.3 trillion dollars along the way.

(Update, July 3 – this article has been updated to reflect the House passage of the reconciliation bill)

The bill as passed retains much of the draft language killing off energy efficiency credits and credits responsible for green manufacturing growth in the US.

The credits were largely established under President Biden as part of the Inflation Reduction Act, which raised hundreds of billions of dollars through tax enforcement on wealthy individuals and corporations and channeled that into energy efficiency credits for American families. It was also the most significant single climate action by any country in the history of the world, in terms of the amount of investment it put towards energy efficiency.

We’ve covered how families could save thousands of dollars on upgrades to lower their energy costs through these credits.

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