US Economy

TL/DR - The Centers for Medicare & Medicaid Services initiated price offer negotiations for the first 10 drugs selected under the Medicare drug price negotiating program. The objective of the negotiations is to establish a “maximum fair price” for drugs produced by companies like Johnson & Johnson, Merck, Bristol Myers Squibb, Eli Lilly,…

TL/DR - Rewiring America, a non-profit organization focusing on electrification, has launched a tool called the Personal Electrification Planner. It is designed to help homeowners set up a plan for electrifying their homes based on their specific needs, providing estimates on upfront costs, annual bill savings, annual emissions reductions, and…

TL/DR - President Biden signed the Inflation Reduction Act in 2022 which provides incentives for the production of electric vehicles (EVs) and batteries in the US, with aims to grow the domestic supply chain, reduce greenhouse gas emissions, and create many new jobs. The Center for American Progress Action Fund analysis found that of the $129…

TL/DR - Tristar FLC, Incorporated received a $3.5 million federal grant from the U.S. Department of Agriculture’s Higher Blends Infrastructure Incentive Program for a biofuel project in Fontana, California. The project, supported by the Inflation Reduction Act, aims to create infrastructure for the receiving, storage, and distribution of…