MANCHESTER, N.H. —

A new report warns that New Hampshire could lose billions of dollars in federal health care and food assistance under the One Big Beautiful Bill Act, the sweeping federal tax cut and spending legislation that was recently signed into law.

The report released Tuesday by the nonpartisan New Hampshire Fiscal Policy Institute shows how some businesses will likely be affected.

Insulating homes is one of the many eligible projects supported by federal clean energy tax credits that are being phased out as part of the new law.

"It will actually remove that $1,200 from a homeowner to potentially get tax credits for that," said Mike Turcotte, owner of Turn Cycle Solutions.

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Turcotte said his

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