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ECONOMY

Electricity Prices Are Surging. The G.O.P. Megabill Could Push Them Higher.

Rising electricity costs are impacting American households and businesses. President Trump's domestic policy bill, passed by the House and currently in the Senate, threatens to exacerbate the problem. The bill would eliminate Biden-era tax credits for clean energy sources, potentially increasing average household energy bills by $400 annually within a decade, according to research. This contradicts Trump's promises to lower energy prices.

Prepared by Christopher Adams and reviewed by editorial team.

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