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The Big Story
Republicans restore biofuel subsidies to debt limit plan
Speaker Kevin McCarthy (R-Calif.) on Wednesday amended the GOP spending cut and debt limit proposal to restore biofuel subsidies demanded by midwestern Republicans.
The Republicans in question had been leery of the original package, which eliminated the tax credits, potentially threatening McCarthy’s path to clearing the chamber.
On Wednesday, however, the tax credits were restored, seemingly winning the support of the holdouts.
“We’re going to make sure everything’s agreed. But there’s five revisions to the biofuels tax credit; of those — we were able to get all of them in,” Rep. Zach Nunn (R-Iowa) said following a closed-door conference meeting.
Another GOP member, Rep. Nancy Mace (S.C.), had previously criticized the bill’s elimination of green subsidies that would affect her district, but announced later in the day she would vote for the measure.
Read more from our colleagues Mike Lillis, Mychael Schnell and Emily Brooks at TheHill.com.
Welcome to The Hill’s Energy & Environment newsletter, we’re Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains.
Sen. Joe Manchin (D-W.Va.) is joining Republicans in an effort to overturn a Biden administration rule that aims to limit pollution from heavy-duty trucks.
Sen. Joe Manchin has joined Sen. Rick Scott (R-Fla.) in co-sponsoring a bill that would restore solar power tariffs suspended by President Biden, the latest break between the West Virginia Democrat and the leader of his party on energy.
Most of Yosemite National Park will shut down starting late Friday in anticipation of a massive snowmelt that is threatening to flood the surrounding region in California, the park announced. The closure …
Sens. Angus King (I-Maine) and Lisa Murkowski (R-Alaska) have introduced a bipartisan bill to require the Supreme Court to create a new code of conduct for itself after ProPublica revealed that conservative Justice Clarence Thomas failed to disclose luxury trips he accepted from Texas billionaire Harlan Crow. Read more
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