The Rules Committee scrapped the repeal of multiple biofuel tax credits, bumped up the timeline for enacting stricter work requirements for social safety programs, and took stronger aim at President Joe Biden's Inflation Reduction Act. The tweaks were made in a series of late-night and early-morning amendments, including after 2 a.m.
The biofuel tax credit adjustments were a fig leaf for Midwestern members of his caucus. McCarthy reportedly met on Tuesday with some members of the Iowa delegation who were alienated by the clawback of ethanol tax credits, given its importance to local industry. Initially, the package enacted the changes in fiscal 2025, but now, they will largely go into effect by fiscal 2024. One example of the work requirements is that it would mandate able-bodied adults between 18 and 55 to work at least 20 hours a week or meet other eligibility requirements to get food stamps for more than three months out of every three years.
One of the most vocal Republicans to sour on the proposal was Rep. Nancy Mace , who cited concerns about the measure's possible adverse effects on South Carolina's green energy industry, as well as the lack of a balanced budget over a 10-year period. The amendments largely do not appear to address those concerns.
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