US Economy

TL/DR - The U.S. Department of Agriculture (USDA) is investing $1 billion in the Regional Conservation Partnership Program (RCPP), which will fund 81 conservation projects on agricultural land across the country. Three projects in Idaho will receive a total of $9.2 million. These projects are the 2023 Burnett Irrigation Ditch, the 2023 Blaine…

TL/DR - A nonpartisan business group, Environmental Entrepreneurs, estimates that 403,000 jobs will be created by 210 major energy projects announced since the Inflation Reduction Act came into effect in 2022. This act provided $500 billion for spending to lower health care costs, increase taxes, and encourage clean technology innovation in the…

TL/DR - US Senator Bob Casey has urged the Biden administration to correct a guidance in the Inflation Reduction Act (IRA) that would undermine American manufacturers and workers. The guidance currently allows foreign steel in solar electricity generation projects to qualify for a 10% tax credit, which is inconsistent with the intent of the act…

TL/DR - President Biden announced over $5 billion in new investments as part of his Investing in America agenda, to support economic development and sustainability in rural America, and to help farmers adopt new climate-smart agricultural practices. The investment includes $1.7 billion for climate-smart agriculture, $1.1 billion for rural…