President Joe Biden's administration expects to release short-term guidance on clean fuel tax credits on Friday and leave final decisions to President-elect Donald Trump's incoming administration, according to two sources familiar with the plan.

The Biden administration on Tuesday released guidance to help companies secure clean energy tax credits under the 2022 Inflation Reduction Act, finalizing a program to extend subsidies long available for wind and solar to other low carbon sources.

Biden’s greatest flaw, like Lear’s, was his unwillingness to face a changing reality. He refused to drop out of the 2024 race until he had already damaged his party’s chances of keeping the White House. Even after a disastrous debate performance, he tried to brush off his obvious inadequacies as a candidate: “I just had a really bad cold.”

A former FBI informant who fabricated a story about President Joe Biden and his son Hunter accepting bribes has been sentenced to six years in prison.

The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move that might also keep struggling nuclear power plants on line for longer.

For all the valedictory moments that Joe Biden and his staff lined up for his quiet final weeks in the White House – ceremonies awarding medals to supportive celebrities and political friends, receptions and fleeting moments of reflection with the dwindling number of top aides left around – Thursday is unique.

The tax credit created by President Joe Biden’s signature climate law now includes a carve-out, sought by companies including Constellation Energy Corp., that will benefit some existing nuclear ...

Biden estimated the bill should lead to an average monthly increase of $360 for certain public employees and their spouses and survivors. The outgoing president said more than 2.5 million Americans will receive a lump sum payment worth "thousands of dollars" to compensate for the benefits they should have received last year.

A record nearly 24 million Americans enrolled in the Affordable Care Act during the final enrollment period of the Biden administration, the White House announced Wednesday, a 9% jump from the prior year, with a week left for more to enroll.

By Peter Baker Mr. Biden said his eldest granddaughter, Naomi, gave birth to a baby boy in California. By Aishvarya Kavi A lucrative tax credit for renewable energy could be hard to kill because ...

President Joe Biden’s administration is set to announce short-term guidance on clean fuel tax credits on Friday, according to a Reuters report. The Biden administration is likely to leave final decisions on clean fuel tax credits to President-elect Donald Trump when he takes office at White House on January 20,

The Biden administration loosened some stringent safeguards on a tax credit worth billions of dollars for hydrogen production, after companies argued the rules would stifle domestic manufacturing of the fuel.