Welch Urges IRS to Prevent Big Tech from Abusing Tax Credits to Construct AI Data Centers, Protect Americans from Higher Energy Costs

This press release from Senator Peter Welch (D-VT) was published on 2026-10-08 and titled "Welch Urges IRS to Prevent Big Tech from Abusing Tax Credits to Construct AI Data Centers, Protect Americans from Higher".

Welch Urges IRS to Prevent Big Tech from Abusing Tax Credits to Construct AI Data Centers, Protect Americans from Higher Energy Costs

Welch: “The IRS has a responsibility to ensure tax credits are being claimed as intended by Congress.” WASHINGTON, D.C. — U.S. Senator Peter Welch (D-Vt.), Member of the Senate Finance Committee and the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, this week urged the U.S. Internal Revenue Service (IRS) to ensure that [ ]