US Economy

TL/DR - US Senator Martin Heinrich has toured the Trades and Advanced Technology Center at Santa Fe Community College to observe the impact of the Inflation Reduction Act on creating new career opportunities and advancing the transition to clean energy. Heinrich, who fought to pass the Act, highlighted that it included his home electrification…

TL/DR - House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer announced an agreement on a "topline" spending level for the U.S. government for the new fiscal year, avoiding a potential shutdown. The deal sets the overall spending level at $1.59 trillion, with $886 billion earmarked for the military and $704 billion for nondefense…

TL/DR - The U.S. Department of Agriculture (USDA) has supported rural economic prosperity through projects with initiatives such as supporting farmers in financial distress, connecting rural communities to the internet, and promoting climate change mitigation efforts. In 2023, USDA helped over 30,000 farmers and ranchers stay on their farms…

TL/DR - Asjid Parvez, 37, of Albany, New York, confessed to stealing nearly $1 million in federal funds from a program designed to aid farmers struggling with loan repayments. Parvez, who had defaulted on a loan for a Maryland chicken farm, was supposed to use the federal assistance to clear the debt, but instead used it for personal expenses and…