Browsing Category

US Economy

New clean energy projects to hire 403,000

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…

Casey Urges Biden to Amend Act Hurting U.S. Manufacturers

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…

Biden Pledges $5 Billion for Rural Communities at Event Series

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…

New Federal Laws Address Digital Therapeutics, Care Access

TL/DR - The U.S. healthcare legislation has been crucially affected by the removal of Kevin McCarthy as the Speaker of the House; however, progress around digital therapeutics, access to care, and health care disparities is still important. The federal legislative and regulatory updates include the Access to Prescribing Digital Therapeutics Act,…