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Republicans are seeking to limit a tax loophole that gives states more federal matching funds. Many state budgets could be hurt.
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The proposal would salvage some clean-energy tax credits and phase out others more slowly, making up some of the cost by imposing deeper cuts to Medicaid than the House-passed bill would.
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A Senate tax package softens some blows imposed on renewables by a House version of the bill. But it still terminates many credits for clean power.
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