Energy Credits in Crosshairs as GOP Mulls Funding for Tax Bill (2)

House Republicans—searching for ways to pay for tax cuts in a bill expected as early as this week—are debating taking another shot at the Inflation Reduction Act’s energy tax credits.

Coming off negotiations where the GOP demanded government spending cuts in exchange for raising the debt ceiling, some Ways and Means Committee Republicans said there’s a potential need for offsets.

The package, which panel chairman Jason Smith (R-Mo.) is set to discuss with committee members this week, is likely to include the business breaks that expired at the end of last year, as well as hiking the 1099-K tax reporting ...