House Majority Whip confident biofuel tax credits will be restored during debt ceiling negotiations

A U.S. Congressman is confident biofuel tax credits will be restored during debt ceiling negotiations.

House Speaker Kevin McCarthy has proposed raising the debt ceiling for a year in exchange for spending reforms that include cutting credits for sustainable aviation fuels and clean fuels production.

Minnesota Republican Tom Emmer tells Brownfield a repeal of all tax credits in the Inflation Reduction Act is cause for concern.

“We’re well aware of that.

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