The Goalposts Keep Moving For Infrastructure Package After Virtual Meeting Last Night Of House Progressives Could Mean A Vote This Week; Solar Integrated Roofing Corp. (OTC PINK: SIRC),Sees Solar Tax Breaks And New Funding For Electric Charging Stations Vital For Alternative Energy

 In NASDAQ: BLNK, NASDAQ: CSIQ, NASDAQ: FSLR, NASDAQ: ROCK, NASDAQ: RUN, NASDAQ: SEDG, NASDAQ: SPWR, NASDAQ: TSLA, NYSE: GM, NYSE: SPRQ, OTC PINK: SIRC

House Progressives held a virtual meeting last night that could mean a vote this week on the Infrastructure Package Bills, so vital for solar energy and EV Charging Station funding and grants. The goalposts keep moving for the House Approval vote from Democrats. Now the bills stand at $1.2 trillion for the bi-partisan infrastructure bill and $1.75 trillion social safety net bill. The deadlines keep moving forward for months, but this week progressives appear ready to approve a White House framework and a vote may happen. The latest deadline prior was last Friday, in time for the Glasgow Summit. It never happened.

stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunburn, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

The Goalposts Keep Moving For Infrastructure Package After Virtual Meeting Last Night Of House Progressives Could Mean A Vote This Week; Solar Integrated Roofing Corp. (OTC PINK: SIRC),Sees Solar Tax Breaks And New Funding For Electric Charging Stations Vital For Alternative Energy

To companies in the solar and EV Charging Station alternative energy industries, it appears the final vote on these two bills combined may be happening later this week. There appears to be a moving deadline on these bills because progressive Democrats wanted significantly more on social and green issues — and this is a deeply discounted compromise to satisfy holdouts Sen. Joe Manchin and Sen. Krysten Sinema.

To companies in these industries, such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), a lot is at stake on the outcome of the vote — and how fast it occurs. To SIRC, it means more solar installations could happen as tax breaks can motivate buyers to pull the trigger. On EV Charging Stations, it can mean more federal funding to sell more electric cars. It could also define more grant money from the federal government to build more EV Charging Stations.

As written, the bills would call for spending a compromise $555 billion on climate change. Within the package, would be $320 billion in tax credits for manufacturers/installers of solar, electric vehicles, EV Charging Stations wind and other renewable energy sectors. It would fund payments for buyers of electric vehicles.

Yet, Congress continues to be stuck in a logjam. Privately, President Biden is telling his Party to take a lower and compromised amount and gain the approval of the two holdouts. Otherwise, all elements of the Bills could be lost. Better to get something than nothing.  The Goalposts Keep Moving For Infrastructure Package After Virtual Meeting Last Night Of House Progressives Could Mean A Vote This Week; Solar Integrated Roofing Corp. (OTC PINK: SIRC),Sees Solar Tax Breaks And New Funding For Electric Charging Stations Vital For Alternative Energy.

The $550 billion in the new compromised Infrastructure Bills is a compromise between left and right factions in the Democrat party. “The deal, according to a factsheet the White House published Thursday morning, includes about $320 billion in tax credits for companies that buy and build solar, wind and nuclear power, and drivers who purchase electric vehicles. The program would last 10 years, twice as long as previous clean tax credits,” the Huffington Post reported.

In total, the Infrastructure Bill would spend $1.75 trillion, including the $320 billion on clean energy initiatives via. tax credits. It would mark the biggest spending program on climate investment in U.S. history, it said.

Democrat progressives started with $10 trillion in spending to reach full decarbonization. Now it has been whittled down to a number far short of that. Funding dollars for solar and EV Charging Stations is a priority and signature legislation for the White House. To solar buyers, the Infrastructure bills would offer buyers new tax incentives, CBS News reported.

House Democratic leaders had said they would push for a vote as early as Tuesday on the $1.2 trillion bipartisan infrastructure bill and $1.75 trillion economic plan. One leadership aide said Democrats “intend to vote as early as possible this week.” But there was not a firm timetable for actually doing so. The Goalposts Keep Moving For Infrastructure Package After Virtual Meeting Last Night Of House Progressives Could Mean A Vote This Week; Solar Integrated Roofing Corp. (OTC PINK: SIRC),Sees Solar Tax Breaks And New Funding For Electric Charging Stations Vital For Alternative Energy

SIRC is an applicant for about $100 million in government grants towards building more EV Charging Stations. David Massey, Chairman and CEO of SIRC, said he remains optimistic about approval on the grants — but said he had heard no definitive news yet.

The Goalposts Keep Moving For Infrastructure Package After Virtual Meeting Last Night Of House Progressives Could Mean A Vote This Week; Solar Integrated Roofing Corp. (OTC PINK: SIRC),Sees Solar Tax Breaks And New Funding For Electric Charging Stations Vital For Alternative Energy.

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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