Biden Administration Discusses Clean Energy Tax Credits and Home Buying Incentives Even with Wisconsin Housing Shortage!

Biden Administration Promotes Cost-Saving Measures

Emphasis on Clean Energy and Economic Improvement

According to CBS 58, during a recent visit to Madison, Wisconsin, the Biden administration talked about ways to help people save money. Biden administration highlighted a special tax credit for using clean energy showing how it helped homeowners like Cynthia Hirsch lower their utility bills by installing new windows. This is part of President Biden‘s plan to invest in America which includes encouraging investments in clean energy and manufacturing to improve the economy.

READ ALSO: $160,000 Per Job Cost Sparks Criticism Amid Bill Exemptions For Billion-Dollar Studios

Biden Administration Discusses Clean Energy Tax Credits and Home Buying Incentives Even with Wisconsin Housing Shortage! (PHOTO: CBS 58)

Challenges Persist Despite Proposed Tax Credits

The Biden administration also talked about new tax credits for people buying their first home or selling their current one. While these tax breaks might sound good experts say they won’t solve the problem of not having enough homes available. Wisconsin is facing a shortage of houses which is making prices go up. Even though there are a few more homes for sale lately there are still not enough for everyone who wants to buy one. This shortage has made it hard for many people to find affordable places to live.

READ ALSO: Tax Credit 529 TAP Set For Growth In Upcoming Legislation – Brighter Future For Education!