Debt ceiling proposal sparks political tension in Washington.

The White House has warned that House Speaker Kevin McCarthy's debt ceiling plan to cut $4.5tn in spending would put over 100,000 green manufacturing jobs at risk, many of which are in Republican congressional districts. The Republican bill would rescind parts of the Inflation Reduction Act, which includes eliminating green tax credits for companies that build electric vehicles, charging stations, solar and wind facilities, EV batteries and other infrastructure for renewable energy. Clean energy companies have announced 101,036 new jobs in 31 states since President Joe Biden signed the Inflation Reduction Act in August.