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US Economy

Manchin Reveals Fight for EV-Boosting IRA

TL/DR - Sen. Joe Manchin played a significant role in shaping the Biden Administration's Inflation Reduction Act, which aimed to build a market and infrastructure for electric vehicles in the U.S. He initially blocked the Build Back Better plan and later worked to break the bill into two parts; one for infrastructure and the other to build a…

Rural Monroe County Eligible for 90% Solar Power Funding

TL/DR - The article announces that rural businesses and farms in Monroe County can qualify for up to 90% funding for solar power installations. This is made possible by two government programs: the Inflation Reduction Act and the Rural Energy for America Program (REAP). The Inflation Reduction Act provides a 30% tax credit and a bonus of 10%…

Biden, Trump Debate Economic Policies and Inflation in 1st Round

TL/DR - The race to the White House between President Joe Biden and former President Donald Trump is underway with the first debate. Both candidates are expected to underline their economic policies as strong points. Biden's Inflation Reduction Act, one of his key pieces of legislation, is set to deliver an economic boost through billions of…

Biden, Trump Battle Over Inflation in First Presidential Debate

TL/DR - The text is about the first presidential debate between Joe Biden and Donald Trump, crucial for the White House race. The handling of the economy will be a vital topic for both candidates. Biden's legislative contribution, the Inflation Reduction Act, which promises an economic boost through billions of dollars in clean energy incentives,…