Newhouse Leads Effort to Preserve Investments in Nuclear Energy

WASHINGTON, D.C. – Today, Rep. Dan Newhouse (R-WA) led his colleagues in a letter to House Ways and Means Committee Chairman Jason Smith (R-MO) advocating for the preservation of critical tax credits for nuclear energy development.  

"The United States is facing unprecedented demand for energy, and empowering nuclear development is critical in becoming truly energy dominant," said Rep. Newhouse. "The federal investment we have seen so far is already delivering results by unlocking billions of dollars in private investments and putting the United States on track to be the global leader of reliable, affordable nuclear energy. Preserving these investments unleashes American energy and charts a course for production capabilities unlike anything we have ever seen."  

The letter, advocating for the preservation of Sections 45U, 45Y, and 48E of the Internal Revenue Code, was signed by 25 Members of Congress.  

Read the full letter here. 

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