‘s proposal to raise the debt ceiling until May 2024. The bill is set to hit the House floor this week, despite opposition from Democrats and even some moderate Republicans.“This vote should give my Republican colleagues serious heartburn about their pledges not to raise taxes,” Rep. Don Beyer, Virginia Democrat, told The Washington Times. “Repealing clean energy tax credits would drive up costs for regular Americans at a time when they promised to lower energy costs.
Yet by proposing to nix tax credits that individuals and companies are relying on, at least one fiscal expert said House Republicans could in effect be pushing through a backdoor tax hike.
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