The bill includes deep cuts to social programs like Medicaid and Medicare, a new round of massive tax cuts, and a significant raise to the nation’s debt ceiling.

Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles will end on Sept. 30, as well as a $4,000 used EV credit ...

If your electric bill seems unusually high this summer, you’re not imagining things — and it’s not just the air conditioning. Electric rates increased across New Jersey on June 1, and many ...

What the death of the EV tax credit means for American car buyers The federal EV tax credit allows Americans to claim up to $7,500 for qualifying new electric vehicle purchases. This incentive ...

How the Big Beautiful Bill will lower energy costs, shore up the electric grid — and unleash American prosperity By Chris Wright Published June 27, 2025, 6:03 p.m. ET ...

The Senate bill, which is being debated on Sunday, would also eliminate federal tax credits this year for consumers to buy electric vehicles and to install solar panels and heat pumps in their homes.