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    Home»Stocks»Elizabeth Warren Says ‘Claim’ EV Tax Breaks Before Trump ‘Rips Them Away’
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    Elizabeth Warren Says ‘Claim’ EV Tax Breaks Before Trump ‘Rips Them Away’

    The Cannabis JournalBy The Cannabis JournalAugust 27, 2025No Comments2 Mins Read
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    Sen. Elizabeth Warren (D-Mass.) on Tuesday warned that federal clean-energy tax breaks are on the chopping block, arguing President Donald Trump is “about to make life even more expensive” by ending credits for electric vehicles and home efficiency upgrades after “hiking up your energy bill.”

    Elizabeth Warren Targets Trump’s ‘Big Beautiful Bill’ Climate Rollbacks

    Warren posted her critique on X and linked to consumer guidance on deadlines to use the benefits before they disappear. At issue is Trump’s “One Big Beautiful Bill Act,” which accelerates rollbacks of climate incentives from the 2022 law.

    The House section-by-section summary shows the $7,500 new-EV credit and the $4,000 used-EV credit end this year, while the Energy Efficient Home Improvement Credit and the 30% Residential Clean Energy Credit, which applies to the likes of rooftop solar, batteries and geothermal energy generation, also sunset on Dec. 31, 2025.

    See Also: Peter Schiff Says Bitcoin ‘Bubble Is Running Out Of Air’ — But Is BTC Simply Taking A Breather After 77% Annual Surge?

    Deadlines Compress For EVs, Rooftop Solar And Efficiency

    Practical deadlines arrive sooner. The IRS says EV purchases must be completed by Sept. 30, 2025, while most home credits expire at year-end. The separate EV-charger credit runs until June 30, 2026.

    According to a Reuters report, the broader policy shift has already cooled clean-energy investment and halted or slowed some wind and solar projects, according to industry experts.

    Republicans Defend Plan As Warren Cites Rising Energy Costs

    Republicans defend the plan as ending “market-distorting” subsidies, curbing costs to taxpayers and reducing reliance on Chinese-linked supply chains, while prioritizing “reliable” power on a stressed grid. Party leaders also pitch the megabill as an economic lifeline that blocks looming tax hikes.

    Warren’s claim that Trump already “hiked up” energy bills taps into a live political fight. Electricity costs have climbed nationwide and while Trump blames renewables, independent analysts point more to demand growth, aging infrastructure and fuel prices, as per an Associated Press report from last week. Warren has separately accused Trump of breaking a campaign promise to slash power prices.

    Warren has also attacked other parts of Trump’s bill in recent months, including potential health-care impacts and a Big Oil-friendly tax provision.

    Photo Courtesy: David Garcia on Shutterstock.com

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