(The Center Square) The Trump administration is set to cut subsidies for new solar and wind power projects on Saturday. Estimates suggest the subsidies have cost taxpayers more than $141 billion over the past 16 years, more than any other energy source.
The Working Families Tax Cuts, a signature piece of President Trump’s tax legislation signed a year ago, set Saturday as the deadline for federal tax credit subsidies on any new solar or wind projects not currently under construction.
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