June 2024

TL/DR - The Inflation Reduction Act (IRA) is set to change the Medicare program by enabling the federal government to set prices for certain medicines, beginning with ten in 2026 and expanding to twenty by 2029. The IRA distinguishes between medicines made from small molecules, typically pills, and medicines made from large molecules, usually…

TL/DR - Steve Bannon, a former ally of ex-President Donald Trump, has been ordered to report to prison by July 1 to serve a four-month sentence for defying a subpoena from the House committee investigating the U.S. Capitol insurrection. Bannon was convicted nearly two years ago of two counts of contempt of Congress: one for refusing to sit for a…

TL/DR - The Inflation Reduction Act approved by the IRS in 2022 includes a heat pump tax credit that could offset some of the cost for homeowners installing such energy efficient systems. Eligible homeowners can claim a maximum credit of 30% of the total project cost, or up to $1,200 for home improvements and $2,000 for heat pumps and biomass…

TL/DR - The Negaunee Public Library is hosting a presentation on social media safety for families on July 23 at 10:30 a.m, which will be led by School Resource Officer Josh Myers. It was initially scheduled for June 11. More information can be found on the library’s Facebook page or by calling 906-475-7700 ext.18. Negaunee Public Library Hosts…