The Energy Policy Act of 1992 modified those subsidies, creating a “temporary” production tax credit for wind power and certain types of biomass generation. Congress also enacted an Investment Tax Credit, initially for solar energy, but later extended to all renewables, which could choose between the ITC and the PTC.

CT Mirror’s independent, nonprofit journalism depends on reader support. Gov. Ned Lamont and governors from 17 other states are calling on congressional leaders to extend federal subsidies that help more people afford health coverage through state-based ...

Lawmakers have spent years battling over the expanded tax credits and whether the coverage gains provided by subsidies outweigh their cost. Sen. Jeanne Shaheen (D-N.H.), flanked by House Minority Whip Katherine Clark (D-Mass.) and Rep. Lauren Underwood (D-Ill.

An Obamacare subsidy is at the heart of congressional lawmakers' gridlock that's caused a government shutdown. Here's how it could affect Iowans.

A $60 billion boost to farm subsidies will be a lifeline to some. But the way the funding will be distributed could worsen disparities between farms in an industry already struggling with consolidation. A $60 billion boost to farm subsidies will be a ...

Republicans in Congress are facing mounting pressure from both sides of the aisle about whether to extend additional Obamacare premium tax credit subsidies as part of legislation to avoid a government shutdown this fall. But conservatives argued that there ...

WASHINGTON — Republican leaders are facing growing calls from their members to extend a bucket of funding for the Affordable Care Act that is slated to expire at the end of this year as some look to avert insurance premium hikes and millions of Americans ...

GOP pressure is mounting on Speaker Mike Johnson (R-La.) to extend expiring Affordable Care Act tax credits, as a number of rank-and-file Republicans push leaders to prevent the popular subsidies from expiring at the end of the year. Eleven GOP lawmakers ...