US Economy

TL/DR - President Biden signed the Inflation Reduction Act (IRA) in August 2022, aiming to reduce health care costs by introducing mandatory price reductions for some expensive Medicare/Medicaid drugs, excluding orphan drugs with a single indication. However, the Act could have unintended negative consequences, particularly impacting the orphan…

TL/DR - The Biden administration has proposed a system of tax credits for the production of sustainable jet fuel to help reduce greenhouse gas emissions. This initiative would encourage the production of aviation fuels from crops, aiming to "decarbonize" the commercial airline industry. These incentives were authorized in the Inflation Reduction…

TL/DR - April is Minority Health Month, a time to acknowledge health disparities among historically disadvantaged minority populations in the US and the measures the Biden administration is implementing to close this gap. Health disparities persist due to structural and systemic discrimination in the health system, which makes it difficult for…

TL/DR - The article discusses the tax breaks available for homeowners who invest in home improvements in the US. According to the Residential Energy Efficient Property Credit, a taxpayer can claim 26% of the cost of installing alternative energy equipment in their residence. This includes solar electric, solar water heating, fuel cells, small…