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US Economy

Biden’s Fund Pays Extreme-Left Activist Groups

TL/DR - President Biden's "Inflation Reduction Act," which allocated billions of dollars to climate spending, has allegedly been used to fund left-wing activist causes. The Biden Environmental Protection Agency (EPA) awarded $50 million to the “Climate Justice Alliance” (CJA), a group primarily interested in "regenerative economic solutions and…

Newsroom Video Updates: U.S. Senator Joe Manchin, West Virginia

TL/DR - The text does not provide any facts, data, or arguments to analyse or summarise. It appears to be a brief description and/or link to a video involving U.S. Senator Joe Manchin of West Virginia discussing the implementation of the Inflation Reduction Act. More specific details may be available in the linked video content. U.S. Senator…

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…

New York initiates home energy discount scheme

TL/DR - New York is the first state to start the US Department of Energy's (DOE) Home Energy Rebates program, which seeks to help low-and-middle-income households use efficiency and clean energy upgrades. The initiative is a part of a broader nationwide effort funded by $8.8 billion, expected to save consumers around $1 billion annually in energy…