Reconciliation Push Prompts Debate Over CES, Tax Credit Tradeoffs

Capitol Hill Democrats’ scramble to define the scope of their broad, partisan economic policy bill is prompting debate about whether the White House’s push to include a clean electricity standard (CES) might compete over potentially limited funds with tax breaks for low-carbon power. The question comes even as Biden officials publicly tout both policies for the budget “reconciliation” legislation that would move alongside a separate bipartisan infrastructure bill with more limited climate provisions. Meanwhile, backers of a CES are continuing...