The bill, dubbed the Inflation Reduction Act, already passed the Senate and heads next to President Joe Biden, who will sign it into law. Story by TexasTribune.
From left: U.S. Reps. Lloyd Doggett, D-Austin; Lizzie Fletcher, D-Houston; and Henry Cuellar, D-Laredo.WASHINGTON — Texas’ congressional Democrats presented a united front Friday in voting for their party’s signature climate, health care and tax legislation, helping to secure one of the biggest political wins for the party just ahead of what is widely expected to be an uphill midterm election.
The bill, dubbed the Inflation Reduction Act, is the country’s largest ever investment in clean energy, allocating billions of dollars in tax credits to encourage home installation of energy efficiency technology, purchases of electric vehicles and investments in renewable generation. The bill also provides tax incentives to make sure components of those technologies are manufactured in the U.S.
Texas’ oil and gas industry would also be directly impacted by a methane reduction program aimed at prodding companies to get their runaway emissions under control. The bill would eventually charge companies a fee on the emissions, though it offers financial assistance aimed at protecting smaller oil and gas operations.
“This has been our federal priority for years now and we have lined up as much as we can,” Tran said. “Now, we will continue after the passage of the bill to continue working on prescription drug prices.”
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Texas Supreme Court reconsiders rule allowing minors to get abortions without parental consentTexas Supreme Court reconsiders rule allowing minors to get an abortion without parental consent
Consulte Mais informação »
Woman arrested in fatal stabbing of her North Texas–native boyfriend in MiamiA woman was arrested Wednesday in Hawaii in connection with the fatal stabbing of her boyfriend, a North Texas native, earlier this year in Florida. Courtney...
Consulte Mais informação »
Lin-Manuel Miranda responds to 'illegal, unauthorized' 'Hamilton' play by Texas churchThe Texas church could potentially face legal penalties related to copyright infringement, allegedly producing the show without permission and implementing script changes to include religious references.
Consulte Mais informação »
Air tanker base at AUS critical in Texas' fire fightThe 10-Tanker can drop more than 9,400 gallons of water in eight seconds, covering a mile long stretch of land. It can also fly as low as 250 feet off the ground.
Consulte Mais informação »
Another Battle of the Billboards: Mothers Against Greg Abbott Take on Texas' GovernorThe Texas governor and Mothers Against Greg Abbott are turning to billboards ahead of November's gubernatorial race.
Consulte Mais informação »
Texas Parks and Wildlife Department Denies Petition Urging Mountain Lion ConservationA group of Texans is advocating for the conservation of mountain lions in the state. The denial of their petition may be a step in the right direction.
Consulte Mais informação »