After blocking the budget bill last week, the House Budget Committee voted late Sunday night to advance it to the House Committee on Rules, according to The New York Times. Speaker Mike Johnson told NYT reporters they made only “minor modifications” to win over some holdout committee members, and deliberations could continue up until the bill reaches the House floor. Those changes have not yet been released.
The budget bill as passed by the House Ways and Means Committee on May 14 would eliminate the residential solar ITC after 2025 and phase-out large-scale solar and manufacturing credits earlier than originally planned. The Budget Committee had first blocked the bill from passing because there weren’t enough cuts, so it remains to be seen if clean energy incentives will be further reduced by the final bill text.
The Rules Committee will now decide whether and how the bill will be debated on the House floor, along with what changes are possible before a final vote, according to the NYT. Speaker Johnson is still aiming for a floor vote before Memorial Day.
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