The proposal would salvage some clean-energy tax credits and phase out others more slowly, making up some of the cost by imposing deeper cuts to Medicaid than the House-passed bill would.
The proposal would salvage some clean-energy tax credits and phase out others more slowly, making up some of the cost by imposing deeper cuts to Medicaid than the House-passed bill would.
The 549-page measure, released by the Senate Finance Committee, outlines changes to Medicaid that would be far more aggressive than the version passed in the House, making millions more Americans subject to a work requirement.
Electricity demand is surging for the first time in decades, partly because of data centers needed for A.I., and power companies are already struggling to keep up.
Among the canceled awards was a $331 million to Exxon Mobil, which had been planning to replace natural gas with hydrogen at a chemical facility in Baytown, Texas.