Megabill changes to IRA tax credits would save $527 billion over 10 years

POLITICO Pro breaks down how a wide-ranging House GOP proposal would affect clean energy tax credits under the Inflation Reduction Act—and what’s at stake for key sectors over the next decade.

A major proposal by House Republicans would repeal or modify large portions of the IRA’s climate spending—including hundreds of billions in clean energy tax credits.

This exclusive Pro Data Analysis outlines how the bill would reduce projected outlays by $527 billion over 10 years, based on calculations from the Joint Committee on Taxation and POLITICO’s own modeling. It also identifies which credits are most affected and how the proposed changes align with broader policy goals.

Why it matters:

• Quantifies the 10-year impact of the bill on clean energy incentives
• Breaks down the credits targeted, from hydrogen to EVs
• Provides insight into the policy rationale and legislative implications
• Designed for policy professionals who need clear, data-backed analysis

Get exclusive access to this analysis and see how POLITICO Pro helps you stay ahead of fast-moving policy developments.