Yellen says ending Biden tax incentives would be 'historic mistake' for states like North Carolina
https://apnews.com/article/yellen-north-carolina-ira-green-energy-8b3d50f80aeb8740eb90a4f39337996d
WASHINGTON (AP) — Treasury Secretary Janet Yellen is warning voters in the battleground state of North Carolina that they could lose jobs if Republicans weaken a signature Biden administration law that encourages investments in manufacturing and clean energy.
Yellen says that Republican-dominated states like North Carolina are greatly benefiting from tax incentives under the 2022 Inflation Reduction Act and that eliminating them would be a “historic mistake,” according to a draft of a speech she will give Thursday at a community college in Raleigh. The Treasury Department released the remarks ahead of the address.