Biden's Inflation Reduction Act Energy Subsidies Are Raising Your Energy Prices

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April 23, 2025

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The Inflation Reduction Act's tax credits for wind and solar energy are leading to higher energy prices, reduced grid capacity, and blackouts. Congress needs to repeal the IRA subsidies, and states like Texas must do what they can to neutralize the dangerous effects of the subsidies.

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Biden's Inflation Reduction Act Energy Subsidies Are Raising Your Energy Prices · The Heritage Foundation · Sentinel