Latest news with #JenKiggans
Bloomberg
15-05-2025
- Business
- Bloomberg
Moderate Republicans Lobby House Speaker to Fix Energy Credits
Moderate House Republicans are lobbying House Speaker Mike Johnson to lessen cuts to several clean energy tax credits in the broad tax and spending bill prior to the GOP's plans to bring it to the floor next week. Virginia's Jen Kiggans led a statement backed by 13 other GOP lawmakers asking House leadership to make the phase-outs of several clean energy tax credits more generous. She said Thursday the group was still negotiating with leadership over proposed changes.
Yahoo
15-05-2025
- Business
- Yahoo
13 Republicans press leadership for more flexibility in green energy tax credit phaseout
A group of 13 House Republicans is asking for more flexibility for climate-friendly tax credits than what's in the party's current budget bill, underscoring the difficulty of getting the entire party on the same page. In a written statement posted by Rep. Jen Kiggans (R-Va.) on the social platform X, the 13 Republicans ask House leadership to 'consider three thoughtful changes' to the legislation that phases out a significant chunk of Democrats' tax credits for low carbon energy sources. They point to provisions that are expected to make it difficult for energy companies to actually claim the credits during this phaseout period. Specifically, they ask for more flexibility on newly proposed supply chain requirements and a provision that could make it more difficult for projects to get financing. They also ask for more time, saying the credit phaseout should be based on when projects 'start construction' rather than when they're 'placed in service.' 'The last thing any of us want to do is provoke an energy crisis or cause higher energy bills for working families,' they said. It's not entirely clear whether any of the members see the issue as a red line or whether they'd be willing to vote down the bill over it. However, the party already faces competing factions on the issue. Twenty-one mostly moderate Republicans have signed onto a letter saying changes to the energy tax credits should be 'targeted and pragmatic' while another 38 conservative Republicans have called for a 'full repeal.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
15-05-2025
- Business
- The Hill
13 Republicans press leadership for more flexibility in green energy tax credit phaseout
A group of 13 House Republicans is asking for more flexibility for climate-friendly tax credits than what's in the party's current budget bill, underscoring the difficulty of getting the entire party on the same page. In a written statement posted by Rep. Jen Kiggans (R-Va.)on X, the 13 Republicans ask House leadership to 'consider three thoughtful changes' to the legislation that phases out a significant chunk of Democrats' tax credits for low carbon energy sources. They point to provisions that are expected to make it difficult for energy companies to actually claim the credits during this phaseout period. Specifically, they ask for more flexibility on newly proposed supply chain requirements and a provision that could make it more difficult for projects to get financing. They also ask for more time, saying the credit phaseout should be based on when projects 'start construction' rather than when they're 'placed in service.' 'The last thing any of us want to do is provoke an energy crisis or cause higher energy bills for working families,' they said. It's not entirely clear whether any of the members see the issue as a red line or whether they'd be willing to vote down the bill over it. However, the party already faces competing factions on the issue. Twenty-one mostly moderate Republicans have signed onto a letter saying changes to the energy tax credits should be 'targeted and pragmatic' while another 38 conservative Republicans have called for a 'full repeal.'
E&E News
09-05-2025
- Business
- E&E News
Moment of truth nears on green credits, climate cuts
The fate of hundreds of billions' worth of clean energy tax credits is among the last unresolved big-ticket items Republicans are hashing out before a series of planned committee markups on their big budget bill. The Agriculture, Energy and Commerce, and Ways and Means committees are hoping to advance their versions of the party-line tax and spending package next week. Language could begin trickling out as soon as this weekend. But negotiators say haggling is still happening on what to do with renewable energy incentives and other credits from the 2022 climate law. Advertisement 'I've heard from people in Ways and Means there is a lot of disagreement in the room,' said Rep. Andrew Garbarino (R-N.Y.), who has been helping lead the charge to protect at least some of the credits. 'It's one of the things that's the most contentious in the room.' Seeking to influence the deliberations, Garbarino and Rep. Jen Kiggans (R-Va.) introduced the 'Certainty for Our Energy Future Act.' It would phase out solar and wind incentives, disqualify companies tied to foreign adversaries, and continue the practice used by banks and other third parties known as 'transferability.' 'By responsibly phasing out subsidies for technologies like wind and solar, and ensuring foreign adversaries like China and Russia can't exploit American tax benefits, we are safeguarding both our energy independence and our taxpayers,' Kiggans said in a press release. Republican Reps. Dan Newhouse of Washington, David Valadao of California and Mark Amodei of Nevada also signed onto the legislation. 'The goal was to find a place that people could live with,' said a Kiggans aide granted anonymity to speak about internal deliberations. The aide said the lawmakers sought input from trade associations like the Edison Electric Institute and the American Clean Power Association, and both support the bill. Kiggans and Garbarino have been among a group of 20 or so members publicly calling for GOP leaders to preserve some Inflation Reduction Act provisions. They are up against hard-liners who want to see deep spending cuts and who have called for full repeal of what President Donald Trump likes to call the 'Green New Scam.' The issue appears to remain unsettled. Ways and Means Chair Jason Smith (R-Mo.) was planning to head to the White House on Friday to meet with the president, according to POLITICO. House Ways and Means Chair Jason Smith (R-Mo.) at the Capitol. | Francis Chung/POLITICO More letters, more demands The pro-IRA members have become increasingly specific in their requests. Two letters sent to Smith on Thursday — one led by Rep. Mariannette Miller-Meeks (R-Iowa) and another by Rep. Juan Ciscomani (R-Ariz.) — called for protecting the Clean Electricity Investment Tax Credit (48E), the Clean Electricity Production Tax Credit (45Y) and the Advanced Manufacturing Production Tax Credit (45X). 'We respectfully urge the Committee to maintain Section 45X in its current form,' the Ciscomani letter reads. 'This policy exemplifies effective tax legislation — targeted, impactful, and aligned with our national interests. By continuing this successful program, we reinforce the America First agenda and help secure American manufacturing leadership for generations to come.' Republican Rep. Julie Fedorchak and Sen. Kevin Cramer — both former North Dakota state regulators — are lobbying to phase out wind and solar investment and production credits in favor of technologies like nuclear, carbon capture for fossil fuels and geothermal. 'With these very generous production tax credits, it's hard for investors to put their money anywhere else,' Fedorchak said of wind and solar subsidies. 'So I think it's time to phase them out. They are not developmental technologies anymore. They are market proven. They are widely available on the grid. … I think they worked. Seventeen percent of the grid's resources are wind and solar.' A Fedorchak bill released last month would phase out credits for wind and solar over the next five years. It would also get rid of transferability, which allows project sponsors to transfer their credits to a third party to reduce their tax burden. A major question is how far Republicans go in defending their views on energy incentives by threatening to tank the whole megabill effort. Many are more fired up about state and local tax deductions. 'I'm much more passionate about SALT; it is a hill I'm willing to stake my entire congressional career on,' said Rep. Nick LaLota (R-N.Y.). Asked whether that applied to clean energy incentives, too, he said, 'No.' 'I'm interested in them; I don't think we should throw out the entire IRA,' LaLota said. 'There are provisions in it which I think are good for the country, are good for my constituents. But I am all in on SALT.' Energy and Commerce The Energy and Commerce Committee has similarly been consumed by another issue that has divided Republicans: Medicaid. While committee members have been sparring over potential cuts to the safety net program, debates over the panel's energy and climate portfolio have continued. Rep. Jay Obernolte (R-Calif.), who sits on the Commerce, Manufacturing and Trade Subcommittee, said E&C's energy-related plans have been 'an equal focus' of internal conversations, even if less public. 'Every time we meet, we go over the energy portion of the title,' he said. 'There have been really substantive discussions on all that.' Environment Subcommittee Vice Chair Dan Crenshaw (R-Texas) called the climate and energy portions 'some of the easier parts' of their proposal. He said Republicans have developed 'a long list' of ideas. Committee leaders have discussed rolling back EPA's tailpipe emissions rule, which Republicans say is a de facto electric vehicle mandate. They believe that could generate more than $100 billion in savings by reducing demand for EV tax credits. But those could be eliminated. Members have also mentioned wanting to undo a federal fuel efficiency regulation, potentially pulling back up to $10 billion in Department of Energy grants and loans, and revoking EPA climate and environmental justice grants. It remains unclear whether any of those ideas will make it into the committee's proposal. 'You can't pick and choose what you like and what you don't like,' said Rep. Brian Fitzpatrick (R-Pa.), a member of the Ways and Means Committee who has advocated for clean energy policies. 'You can fight for it in advance, but eventually the product that's on the floor: Is it good or bad for your constituents?'
Yahoo
06-05-2025
- Politics
- Yahoo
Conservative group launches $7M ad buy responding to Medicaid attacks
The conservative group American Action Network rolled out a $7 million ad buy Tuesday hitting back against Democrats attacking Republicans over potential cuts to Medicaid. The broadcast, cable, and digital campaign will air in 30 Republican and Democratic congressional districts through the first week of June. The American Action Network is connected to the Congressional Leadership Fund. In the spot running in Virginia 3rd Congressional District, which is represented by Rep. Jen Kiggans (R-Va.), a narrator defends the congresswoman, noting 'there is a lot of misinformation out there trying to scare seniors.' 'Trust me, Congresswoman Jen Kiggans is fighting to protect all of us,' the narrator continues. 'She's supporting President Trump's common sense reforms to root out waste, fraud, and abuse.' The group is also hitting five Democratic House districts over Medicare. In one ad targeting Rep. Marcy Kaptur (D-Ohio), the group cites her support for the Inflation Reduction Act, which includes a provision critics have dubbed 'the Biden pill penalty.' 'She rubber-stamped the Biden pill penalty that's crippling the development of lifesaving drugs for cancer, Alzheimer's, and other diseases,' another narrator says. Democrats have targeted House Republicans over potential cuts to Medicaid in an effort to pay for President Trump's legislative agenda. Moderate and battleground-district Republicans have pushed back on threats to Medicaid, while conservatives and budget hawks have called for deeper cuts to pay for the agenda. In a statement to The Hill, the Democratic group House Majority PAC called the American Action Network's ads 'desperate.' 'AAN's ads are a desperate attempt to deflect from the fact that House Republicans are cutting Medicaid for hardworking American families. Voters will see through their lies and Democrats will take back the House in 2026,' said CJ Warnke, communications director at the House Majority PAC. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to The Hill.
