Congress begins process to block 45X advanced manufacturing tax credit

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Just a few weeks after elections in the United States, two new congressmen have attached their names to legislation that would prevent Chinese companies from accessing credits available in the Inflation Reduction Act. U.S. Reps. John Moolenaar (R-MI) and Jared Golden (D-ME) introduced bipartisan legislation to block implementation of the Dept. of the Treasury’s final…

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