Musk criticizes Trump bill over abrupt end to energy tax credits
Share this @internewscast.com


Outgoing administration adviser Elon Musk is criticizing Republicans’ signature policy bill to advance President Trump’s agenda as the he walks out the door, saying it moves too quickly to phase out Biden-era low-carbon energy tax credits.

Musk, in a social media post on X, retweeted a post from his company Tesla Energy that warns against “abruptly ending the energy tax credits.”

The post states: “We urge the senate to enact legislation with a sensible wind down” of credits for low-carbon electricity companies and homeowners who want to install residential green energy such as rooftop solar.

In a separate post, Musk notes “there is no change to tax incentives for oil & gas, just EV/solar” in the House-passed GOP bill, which faces calls from changes from multiple Republicans in the Senate.

The posts highlight fissures within the Republican Party on how to deal with the energy tax credits passed by Democrats in 2022.

A number of Republicans have called for a more deliberate phaseout that does not strand energy projects already in progress, but what ultimately passed the House was a significant chop to the credits that many in the industry describe as unworkable.

In particular, the final version states that projects can only get the credit if they begin construction within 60 days of the bill’s passage and begin producing electricity by 2028.

Trump has called for Republicans to unite behind the bill, but Musk has also criticized it before, in an interview with CBS News, for not codifying the broad government funding cuts enacted by his Department of Government Efficiency (DOGE).

“I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing,” he said.

Share this @internewscast.com
You May Also Like

Effingham County Sheriff’s Office Secures Prestigious Grant

EFFINGHAM COUNTY, Ga. — The Effingham County Sheriff’s Office (ECSO) has been…

Danville School District Threat Deemed Non-Credible by Authorities: Safety Reassured

In Danville, Illinois, the local police department has determined that a threat…

Illinois Dominates Florida Gulf Coast as Boswell Shines with Career-High Performance

CHAMPAIGN, Ill. (WCIA) – The Illinois men’s basketball team is off to…

Supreme Court Enacts Emergency Order Halting Full SNAP Food Aid Disbursements

In a significant development on Friday, the Supreme Court responded to an…

Unveiling the Epic Showdowns: Friday Night Blitz 2025 Week 13 Scores & Highlights

SAVANNAH, Ga. () — As Friday Night Blitz enters its thirteenth week,…

Family’s Battle Against Controversial AI Data Center Reaches Heartbreaking Conclusion

In the rural expanses of Hays County, Texas, a new chapter in…

Court Finds First Amendment Violation in Trump Administration’s Out-of-Office Messages

A federal judge has determined that the Trump administration breached the First…

Stay Safe: Essential Drug Testing Tips for Electric Daisy Carnival Attendees

ORANGE COUNTY, Fla. – This weekend, Electric Daisy Carnival drew hundreds of…

Florida Bill Proposes Mandatory Washington and Lincoln Portraits in Classrooms

Catch up on this week’s top stories from Tampa Bay in the…

US Economy Shows Signs of Cooling as October Jobs Report Stalls

While the official October jobs report won’t be available this Friday, insights…

Shocking Bust: Rancher Couple Nabbed in 23-Pound Cocaine Smuggling Operation

EL PASO, Texas (Border Report) – A rancher and his wife have…

Tragic Incident in Ybor: Speeding Vehicle Claims 4 Lives, Injures 11 Others

In TAMPA (WFLA), a tragic collision in Ybor early Saturday claimed four…