Fed. Tax Breaks for "Going Green" at Home Set to Expire

Here are your top stories for the morning of Thursday, November 6th, 2025:

• Biden-era federal tax breaks for home owners that want to switch from gas-powered appliances in their homes to electric or “greener” solutions are expiring at the end of the year.
• Speaker Emerita Nancy Pelosi has announced her retirement from Congress. With the announcement, she will NOT be seeking re-election as representative of San Francisco.

How to Go Electric Around the House Before Costs Go Up

Federal tax credits for electrification upgrades around the house are set to expire December 31. The credits were part of the Biden Administration’s efforts to incentivize fighting climate change at home when they were made part of the 2022 Inflation Reduction Act.

However, President Trump’s “Big Beautiful Bill” put an expiration date on the tax credits–moving the end-date for them from 2032 to the end of this year.

We’ll walk you through the federal and state-level programs that are in place so home-owners can embrace cleaner energy solutions around the house before their costs go up.

Nancy Pelosi Announces She Will Not Run for Another Term

Former Speaker of the House, Nancy Pelosi, announced this morning that she will not run for a new term–essentially ending her 38-year career as a congresswoman.

The trailblazing politician made the announcement in a video titled “Dear San Francisco,” which highlighted not only her accomplishments on Capitol Hill, but how those policies reverberated in her congressional district.

Since winning election in 1987, Pelosi’s tenure is punctuated by landmark moments, like when she became the first woman to be appointed Speaker of the House, and key legislative wins, like security federal funding for AIDS and HIV research and helping get the Affordable Care Act passed in congress.

Pelosi was likely to face a number of challengers if she was seeking re-election–candidates are likely to face off against one another, now that she is retiring when her term ends.

In late October, California State Senator, Scott Weiner, announced his intentions to run for Pelosi’s seat in the 2026 mid-term elections.

Saikat Chakrabarti, a 39-year-old software engineer and former Chief-of-Staff to Alexandra Ocasio-Cortez, also plans to jump into the race.