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US Economy

Summary of CEQ’s Environmental Permitting Tech & Data Summit

TL/DR - The first-ever Environmental Permitting Technology and Data Summit was held recently to discuss the use of software and other tools in enhancing the efficiency of environmental reviews. The summit, convened by the White House Council on Environmental Quality, the White House Office of Management and Budget, and the Federal Permitting…

Fears rise that Inflation Act funds may not reach intended communities

TL/DR - Billions of dollars are available in tax credits and federal grants under the Biden Administration’s Inflation Reduction Act, which could help Louisiana community-led organizations and environmental groups reduce electricity bills, fortify homes against natural disasters, and reduce pollution in underserved areas. Concerns have been raised…

‘Sessions and McClain to Debate Democrats’ IRS Expansion Impact’

TL/DR - The Subcommittees on Government Operations and the Federal Workforce, and Health Care and Financial Services, are holding a joint hearing titled “Oversight of the Internal Revenue Service.” The focus will be on how IRS plans to utilize increased funding from the Inflation Reduction Act, and to discuss IRS policies on enforcement, customer…

The drawbacks of solar energy

TL/DR - The US government's Inflation Reduction Act offers a 30% tax credit on solar panels and eco-friendly technology to encourage greener energy use. However, issues within the solar industry, such as companies going bankrupt, have made maintaining and repairing these panels costly for consumers. There has been a surge in complaints to the…