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    18 GOP Reps IRA Letter

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    Nick Pope
    18 GOP Reps IRA Letter

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    18 GOP Reps IRA Letter

    Uploaded by

    Nick Pope
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    18 GOP Reps IRA Letter

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    18 GOP Reps IRA Letter

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    37K views3 pages

    18 GOP Reps IRA Letter

    Uploaded by

    Nick Pope
    18 GOP Reps IRA Letter

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 3

    August 6, 2024

    The Honorable Mike Johnson


    Speaker
    U.S. House of Representatives
    Washington, D.C. 20515

    Dear Speaker Johnson:


    As Members of the House Republican Conference, we write to urge you to prioritize business
    and market certainty as you consider efforts that repeal or reform the Inflation Reduction Act
    (IRA).
    We agree the partisan process of passing the IRA created a deeply flawed bill that will prevent
    the development of lifesaving cures, empower the IRS to harass small businesses, and distort
    energy markets. For those reasons, we are proposing a different approach which will unite our
    party and promote conservative values.
    We understand the importance of a healthy and thriving domestic energy sector. American energy
    dominance increases national security, creates American jobs, and ensures energy independence.
    We know the U.S produces cleaner energy than anywhere else in the world and has a strong track
    record of emissions reductions, even before passage of the IRA.
    Today, many U.S. companies are already using sector-wide energy tax credits – many of which
    have enjoyed bipartisan support historically - to make major investments in new U.S. energy
    infrastructure. We hear from industry and our constituents who fear the energy tax regime will
    once again be turned on its head due to Republican repeal efforts. Prematurely repealing energy
    tax credits, particularly those which were used to justify investments that already broke ground,
    would undermine private investments and stop development that is already ongoing. A full repeal
    would create a worst-case scenario where we would have spent billions of taxpayer dollars and
    received next to nothing in return.
    Energy tax credits have spurred innovation, incentivized investment, and created good jobs in
    many parts of the country - including many districts represented by members of our conference.
    We must reverse the policies which harm American families while protecting and refining those
    that are making our country more energy independent and Americans more energy secure. As
    Republicans, we support an all-of-the-above approach to energy development and tax credits that
    incentivize domestic production, innovation, and delivery from all sources.
    We appreciate your work to unite the conference on this important matter. Please consider us
    partners in reforming our tax policies in a way that puts America first while ensuring certainty
    for industry and the energy sector.
    Sincerely,
    Andrew R. Garbarino David G. Valadao
    Member of Congress Member of Congress

    Lori Chavez-DeRemer Marcus J. Molinaro


    Member of Congress Member of Congress

    Erin Houchin Anthony D'Esposito


    Member of Congress Member of Congress

    Michael V. Lawler Jen A. Kiggans


    Member of Congress Member of Congress

    Nick LaLota Young Kim


    Member of Congress Member of Congress

    John R. Curtis Don Bacon


    Member of Congress Member of Congress

    Thomas H. Kean, Jr. David P. Joyce


    Member of Congress Member of Congress
    Mariannette Miller-Meeks, Juan Ciscomani
    M.D. Member of Congress
    Member of Congress

    Earl L. "Buddy" Carter Mark E. Amodei


    Member of Congress Member of Congress

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