US Economy

TL/DR - U.S. Senator Martin Heinrich and U.S. Secretary of Energy Jennifer Granholm visited New Mexico to highlight the positive impacts of the Inflation Reduction Act, including job creation, economic growth, and reduction of carbon emissions. They toured a plant and initiated construction on a new manufacturing campus for Array Technologies, a…

TL/DR - The article discusses the Eliminating the Provider Incentive for Overprescribing (EPIC) Act, designed to fix the 'pill penalty' in the US. The 'pill penalty' refers to a system where providers are financially incentivized to prescribe more pills to patients, leading to overprescribing and contributing to the opioid crisis. The EPIC Act…

TL/DR - The Inflation Reduction Act has provided $19.5 billion in extra funding to supplement existing Farm Bill funds for the USDA's climate change mitigation and agricultural resilience programs. The Act enabled the Natural Resources Conservation Service (NRCS) to support over 45,000 conservation contracts in FY 2023, a record-breaking figure…

TL/DR - The US Department of Energy (DOE) has set a new rule to reduce on-site fossil fuel consumption in federal buildings by 90% for new construction or major renovations through Fiscal Year 2025, and 100% by Fiscal Year 2030. The DOE has also released a final rule simplifying the National Environmental Policy Act (NEPA) process for projects…