Treasury Secretary Yellen warns that weakening IRA incentives in North Carolina could lead to job losses.

Treasury Secretary Janet Yellen warned that weakening tax incentives from the 2022 Inflation Reduction Act (IRA) could lead to job losses in North Carolina, a crucial battleground state. She emphasized that these incentives support manufacturing and clean energy, benefiting many households. Yellen described potential repeal as a "historic mistake," cautioning that it could raise costs for families and hinder investments, while some Republicans argue it promotes wasteful spending.

September 05, 2024
47 Articles