American military leaders are looking for fighting for the tax exemptions of critical minerals

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Former US military leaders are pressuring Congress for rejecting a republican batch to cancel billions of dollars from the tax credits of critical minerals, with a warning that it will leave the country vulnerable to China.

A group of 23 of the four -star retired generals and princes of Jasson Smith, Chairman of the Roads and A means of the House of Representatives, requested that five tax exemptions covering advanced manufacturing, clean cars and electricity production. The committee is expected to vote on the fate of some credits next week.

Former military leaders are members of Safe, a group that focuses on it Critical minerals Energy security is funded by donors from charitable institutions to industry and the US government. Among them are the Admiral Dennis Blair, the former director of the National Intelligence, and General Joseph Danford, the nineteenth president of the chiefs of staff.

The Battle of Tagam Green energy Critical metal projects.

The law obtains support from industry to some Republicans whose areas benefit from the resulting projects. Meanwhile, environmental groups needed mineral extraction, citing wildlife, water and environmental interests.

Companies launched a millions of dollars pressure campaign aimed at saving Era Since Donald Trump has won the presidential elections in November. The legislation was described as a “new green fraud” and pledged to cancel it with the help of Republicans in Congress. The president wants to use the savings created by canceling the legislation to finance the planned tax cuts of his administration.

The cancellation of tax exemptions on the Irish Republican Army may affect some of the twenty decisive metal projects that were quickly followed by the Trump administration. These include standard lithium -backed lithium projects and shortcuts in Arkansas and Albimarel in Nevada. Critical minerals such as cobalt, nickel and lehium are essential in electronic equipment such as wind turbines, electric car engines, rechargeable batteries and military devices.

Some Republican members of the Congress have called on party colleagues to “completely cancel” the law, saying that it may cost taxpayers 1TN over a decade and support renewable energy sources while displacing fossil fuels.

Pressure follows fears Arise Through the Ministry of Defense this year on “China’s disruption of US supply chains” by restricting rare land exports and equipment used to address them.

In a letter to Smith, the leaders of the House of Representatives and the Senate, the generals said that reducing credits would threaten $ 125 billion in investments in basic mineral projects for defense industries. This would expose 100,000 direct jobs at risk in 15 states and create opportunities for companies associated with the Communist Party to increase their share in the global market from the main industries.

The letter said: “The cancellation or weakening of these provisions will not only disrupt the growth of critical industries – it will leave the United States vulnerable to the supply chain through hostile regimes and increase efforts to rebuild the country’s defense industrial base.”

Trump has already targeted spending under the law through the order of all federal agencies to “stop the exchange of funds immediately under the Irish Republican Army.” But the future of the Irish Republican Army ultimately depends on voting in Congress, which issued the legislation in 2022 under the budget decision. This means only a simple majority vote in the House of Representatives and the Senate is required to cancel it, without any chances of ignition.

Republicans carry a majority in the congressional councils, but supporters of the Irish Republican Army hope that some party members will oppose the abolition of tax exemptions, which support jobs in their electoral circles.

On Thursday, dozens of Republican lawmakers wrote a letter to Smith, on the pretext that the tax credits in the Irish Republican Army were important for republican countries that have large clean electrical projects, nuclear energy and storage of batteries, according to Reuters. However, legislators said that it is “unreasonable” to merge a series of credits.

“It is certain that the Irish Republican army will survive but not in its current form,” said Frank Maysano, a partner in the BraceWell group, a law and pressure company. “There are likely to be some elements, such as the rulings of sunset that have been added to end some tax credits sooner rather than expected, from other changes.”