During a North Carolina visit, Treasury Secretary Yellen defended Biden's Inflation Reduction Act, emphasizing clean energy support and its role in economic growth.

During a visit to North Carolina, Treasury Secretary Janet Yellen defended the Biden administration's Inflation Reduction Act (IRA), emphasizing its role in supporting clean energy initiatives. She warned that repealing clean energy tax credits would raise costs for families and hinder manufacturing investments. Yellen highlighted the $100 million in clean energy credits claimed in North Carolina, stressing the importance of the IRA for economic growth and competitiveness against countries like China.

September 05, 2024
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