Monthly Archives

June 2024

Manchin Challenges Treasury on Clean Energy Tax Credits

TL/DR - US Senator Joe Manchin is urging American companies to sue the Treasury Department over the local content rules set for companies to qualify for clean energy tax credits under the Inflation Reduction Act (IRA). He argues that the rules are detrimental to US manufacturers, and that the Treasury has halved the content rules from the…

Biden Orders Temporary Closure of Border to Migrants

TL/DR - President Biden issued an executive order to prevent migrants from seeking asylum at the U.S.-Mexico border when crossings surge, in an effort to alleviate strain on the immigration system. The restrictions, the most severe border policy instituted by any modern Democrat, will be in effect when the seven-day average for illegal crossings…

Inside Georgia’s Rural Health Crisis: A Deep Dive into US Healthcare

TL/DR - 46 million Americans living in rural areas are at risk due to limited access to emergency and specialized healthcare, according to the Centers for Disease Control and Prevention. From 2010 to 2019, 114 rural hospitals in the U.S. closed or cut key services, affecting states like Georgia that haven’t expanded Medicaid. The article…

Inflation Reduction Act Fuels Aggressive, Revitalized IRS – Morgan Lewis

TL/DR - The article discusses the Inflation Reduction Act, which signifies an aggressive and revitalized role of the Internal Revenue Service (IRS). The act includes provisions for reporting cryptocurrency transactions, information reporting for cash transactions exceeding $10,000, and stricter reporting requirements for foreign bank and…