US Economy

TL/DR - The article discusses the tax breaks available for homeowners who invest in home improvements in the US. According to the Residential Energy Efficient Property Credit, a taxpayer can claim 26% of the cost of installing alternative energy equipment in their residence. This includes solar electric, solar water heating, fuel cells, small…

TL/DR - Jennifer Granholm, the secretary of the Department of Energy, praised the federal Inflation Reduction Act for job creation and business expansion during a visit to Albuquerque, where she attended the groundbreaking of Array Technologies' expanded solar tracking manufacturing campus. The company's new $50 million facility is expected to…

TL/DR - The Fish and Wildlife Service (FWS) has outlined plans for $17 million in funded projects focusing on areas in Louisiana, Arkansas, Mississippi, and Tennessee that have been affected by damaging weather. The funds, sourced from Inflation Reduction Act (IRA) grants, will prioritize initiatives that combat invasive species, promote coastal…

TL/DR - President Joe Biden, in his fiscal 2025 budget proposal, asked Congress to provide an unprecedented $104 billion in extra funding for the IRS, on top of its $12.3 billion annual budget and the $80 billion it already received through the Inflation Reduction Act. The IRS justifies this request as necessary to maintain IRS employees and…