Bipartisan Resistance to ‘Green’ Electricity Cuts Could Zap July 4 Budget Goal

Key Republicans say renewables are emerging as economic drivers in their states while a growing body of studies say sweeping slashes will hike energy costs.

Transmission lines at dusk. Andrey Metelev/ Unsplash

Like its House counterpart, the Senate’s draft version of President Donald Trump’s fiscal 2026 budget rescinds billions in approved funding for solar, wind, hydrogen, and carbon capture initiatives authorized under 2022’s Inflation Reduction Act (IRA) and 2021’s Infrastructure Investment and Jobs Act (IIJA).

Both chambers’ spending plans largely replicate the president’s One Big Beautiful Bill by slashing allocations for “green energy” before 2032 expirations, with the Senate iteration extending some tax credits and loan support to 2028, two years longer than the House’s immediate terminations.