WASHINGTON, May 29 (Reuters) - The Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S. solar and wind energy projects to cover a wider range of clean ...

The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind ...

The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...

Biden administration expands tax credit for producing solar, wind and battery components by Rachel Frazin - 10/24/24 8:45 AM ET. by Rachel Frazin - 10/24/24 8:45 AM ET.

NPR's Steve Inskeep speaks with Chuck Marr, director of federal tax policy at the Center for Budget and Policy Priorities, about the Biden administration's proposal to expand the child tax credit.

Biden Administration Expands Tax Credits Beyond Wind, Solar. More. Reuters. FILE PHOTO: The sun rises behind windmills at a wind farm in Palm Springs, California, February 9, 2011.

The president wants to expand the federal child tax credit for lower-income households. "In one fell swoop, it'll essentially lower the child poverty rate by more than 40%," says analyst Chuck Marr.