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US Economy
Drug Firms Counteroffer in Biden-Harris Lower Price Talks
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The U.S. Department of Health and Human Services (HHS) announced that all manufacturers participating in the first cycle of Medicare drug price negotiations have responded with counteroffers. The negotiations are part of the Inflation Reduction Act, a law aimed at reducing the cost of prescription drugs. In addition, the Inflation…
Biden’s Climate Bill Boosts China’s Critical Mineral Investment
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After President Joe Biden signed his climate bill in 2022, China significantly increased investment in…
Middle-Income Americans Score Victory
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The Inflation Reduction Act (IRA) of 2022 has reformed health insurance subsidies under the Affordable…
James Taylor Performs Classics at White House Event
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Musician James Taylor performed at the White House to celebrate the recent passage of President Joe Biden’s Inflation Reduction Act of 2022. The event also featured speeches from President Biden and Vice President Kamala Harris. The Inflation Reduction Act of 2022, which lowers the cost of energy, prescription drugs, and healthcare,…
IRS to Send Compliance Letters via Biden’s Inflation Act
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The Internal Revenue Service (IRS) is sending over 125,000 compliance letters to Americans who have not…
Press Secretary Discusses AstraZeneca V. Becerra Case
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President Biden's administration has won its third lawsuit against Big Pharma, which is trying to block…
Renewable, Nuclear, Geothermal Innovations Gain Billions
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Under the Biden administration, landmark climate legislation passed in 2022 is driving the United States towards a green future with billions being invested in renewable energy, transmission lines, and battery factories. Key legislation includes the Inflation Reduction Act, projected to dramatically reduce CO2 emissions, and a bill to…
Expanding NY’s Distributed Solar Beyond 10 GW under Inflation Reduction Act
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The New York Public Service Commission (PSC) is considering proposals by the New York State Energy…
Court Rejects AstraZeneca’s Challenge to Inflation Reduction Act
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A US federal court in Delaware ruled against AstraZeneca's challenge to the Medicare drug price…
Expert Insights on Political Shifts
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At a recent forum, Sen. Sheldon Whitehouse and Sarah Hunt, president of the Joseph Rainey Center for Public Policy, discussed the lasting impact of the Inflation Reduction Act (IRA) on clean energy development. The IRA has played a key role in bolstering domestic clean energy production and addressing global supply chain issues, however,…