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US Economy
Australia to Implement IRA-Like Act for Green Manufacturing Shift
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Australian Prime Minister Anthony Albanese is planning a program to stimulate green manufacturing industries to enhance the country's economy beyond its traditional mineral extraction base. By the end of the year, the Australian government will pass the "Future Made in Australia Act" to boost investment and create jobs in green…
U.S. ‘Green Bank’ Continues Great American Tradition
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The article discusses the U.S.'s new green bank initiative, stating that it is in line with a long…
IRS Suggests Rules for Stock Buyback Excise Tax
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The US Treasury Department and the IRS have issued proposed rules providing guidance on the Inflation…
Biden’s $1T Bill Faces Voter Pushback
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President Joe Biden's Inflation Reduction Act, which allocates about $1 trillion toward tax credits, grants, and loans for clean energy, has not been well-received among voters, despite the administration highlighting its benefits such as job creation, reduced costs for families, and tax code simplification. More than 40% of the public…
Act Subsidizes Solar Panels, Electric Vehicles for Climate Change
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The U.S. Senate has passed the Inflation Reduction Act, which includes major focus on clean and…
House GOP Deems EPA Methane Fee ‘Unworkable’
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Dozens of House Republicans are urging the Environmental Protection Agency (EPA) to revise its method of…
US Green Energy Thrives Amid Federal Funding Boost – BBC.com
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The US green energy sector is experiencing significant growth due to the influx of federal cash. President Biden's $2tn infrastructure plan, which is heavily focused on clean energy, is expected to further boost the sector. This funding surge has led to an increase in renewable energy projects and jobs across the country.
US Green…
US Green Energy Thrives Amidst Federal Funding Surge
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President Biden signed the IRA and the Bipartisan Infrastructure Law (BIL) into law in August 2022 and…
Did Drug Prices Fall As Much As Biden Claims?
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The article provides information on subscription options for Newsweek. By subscribing, customers can have…
Healthcare Savings to Benefit Inland Empire
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The U.S. Department of Health and Human Services Secretary Xavier Becerra has announced new measures to reduce prescription drug costs in California, particularly for the Latino community. As part of the Biden Administration’s Inflation Reduction Act, insulin costs will be capped at $35 for Medicare users, benefitting 108,164 Californians…