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Chamber of Commerce breaks with GOP to oppose repeal of Dems’ green tax credits in debt-limit bill

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The U.S. Chamber of Commerce, the business lobbying group historically aligned with conservatives, said Wednesday it does not support House Republicans’ efforts to repeal Democrats’ clean-energy tax credits in a GOP proposal to raise the debt ceiling.

The House is expected to vote Wednesday on legislation to hike the debt ceiling to avoid default and slash government spending, including the majority of the $370 billion set aside for green energy projects in Democrats’ tax-and-climate-spending law known as the Inflation Reduction Act, or IRA.

The panel’s Democratic chairman, Sen. Tom Carper of Delaware, quipped: “Let me just note, those are the right answers.” Mr. McCarthy and Majority Leader Steve Scalise said in February they would refuse to meet with the Chamber of Commerce after retaking the majority.

 

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