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US Economy
Mountain West tribes secure millions for home electrification
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The U.S. federal government is investing $72 million from the Inflation Reduction Act to help tribal communities electrify homes and invest in clean energy sources like wind and solar power. The funding will be distributed via the Bureau of Indian Affairs’ Tribal Electrification Program to 21 tribes, with the largest grant of $10 million…
Drug Firms Resist Biden’s Push for Lower Prices
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Several corporate giants including Amazon, SpaceX, and Trader Joe’s are challenging the constitutionality…
White House urges Congress to restore promised IRS funds
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The White House's 2025 budget request to Congress includes approximately $20 billion for the IRS to…
Granholm: Climate law resilient to GOP attacks
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Energy Secretary Jennifer Granholm expressed uncertainty over whether a future Republican president and Congress would repeal President Joe Biden's landmark climate law. She emphasized the need to quickly deploy the billions of dollars in grants and tax credits in 2022’s Inflation Reduction Act to make it resilient to future political…
Biden: Medicare drug price talks to cut deficit by $160B in future
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President Biden has claimed that legislation he signed, the Inflation Reduction Act, has saved the…
Biden’s Budget Spares Social Security and Medicare Cuts
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President Joe Biden's 2025 fiscal year budget proposal requests strengthening and protecting Medicare and…
Preparing for the 2025 Energy Tax Discussion
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The Tax Cuts and Jobs Act provisions that are set to expire at the end of 2025 have sparked a debate about future tax reform, with emphasis on carbon fees and energy tax credits. A study has suggested that extending the Inflation Reduction Act and adding a moderate carbon fee could lead to efficient decarbonization, but doing so would…
Biden-Harris Admin Pushes Congress to Reduce Commercial Drug Costs
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President Biden's Inflation Reduction Act, signed in August 2022, expanded benefits and lowered drug…
Significant Effects of BIG WIRES Act and IRA Home Rebates
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The BIG WIRES Act, proposed in the U.S., would require each region of the country to increase the amount…
Forecasting Climate Impact: The Next President’s Influence
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The article contrasts the climate policies of Biden and Trump, in light of Super Tuesday's results. Biden's administration has implemented significant climate change legislation, including the Bipartisan Infrastructure Law and Inflation Reduction Act, both funding clean energy and climate change mitigation. Meanwhile, Trump's presidency…