A proposal by Senate Republicans would adjust the pace at which some crucial home energy efficiency and electric vehicle tax credits are phased out in timelines different from what House Republicans proposed in the multitrillion-dollar tax bill they passed last month.

Solar energy stocks dropped sharply on Tuesday as the market digested cuts to renewable power tax credits in the Senate's version of the budget bill.

The Senate Finance Committee unveiled its portion of President Trump’s “big, beautiful bill” Monday, containing provisions on Medicaid, taxes and green energy tax credits. The committee’s text is

In the latest Senate version of the GOP’s budget and tax bill, better known as Trump’s Big Beautiful Bill, the 30% tax credit for home solar and batteries is going to be over 180 days from the time the President signs it. Other tax credits for utility-scale solar and wind projects are going to be completely phased out by 2028.

Top Senate Republicans are running into some resistance from several key senators about the details of President Donald Trump’s “big beautiful bill,” potentially complicating plans to deliver that package by their own July 4 deadline.

Senate Republicans on Monday released details on the most contentious elements of the sweeping legislation to enact President Trump's second-term agenda. The Senate Finance Committee unveiled its portion of Mr.