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US Economy
Third-party solar power benefits Oklahoma nonprofit, high school
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The Inflation Reduction Act, signed into law in 2022, offers significant tax incentives to promote a shift towards renewable energy sources in the US. A liaison company named Brightwell is helping establish partnerships between wealthy individuals, corporations, and nonprofits to benefit from these incentives through investments in solar…
EV Sales Set to Soar, Despite Inflation Act Limits [Video]
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Electric vehicle (EV) sales are rapidly increasing in the US, with the recently passed Inflation…
Final rules for Inflation Reduction Act pay mechanism issued by US Treasury
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have issued final regulations…
Biden Plans to Broaden IRA Drug Pricing Rules in SOTU – Forbes
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During his State of the Union address, President Joe Biden stated his intention to broaden the terms of the Infrastructure Investment and Jobs Act (IIJA), also known as the bipartisan infrastructure bill, in regards to drug pricing. His plan would involve the government negotiating drug prices for all Americans, not just those receiving…
DOE Offers $5M Prize for Solar Manufacturing Training Creation
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U.S. solar manufacturers and training organizations, including community colleges and unions, are set to…
Biden Targets Big Pharma’s Drug Prices in Union Address
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During his State of the Union address, President Joe Biden announced plans to lower prescription drug…
Part 3: Assessing 1st Year of Farm Policy with Inflation Act Funds
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The future of the Farm Bill, a key legislation for US agriculture, remains uncertain due to unspecified demands and Congressional dysfunction. However, farmers have benefited from an additional $18 billion in funding for four conservation programs, as appropriated by the Inflation Reduction Act of 2022, which boosted total assistance to…
Red Tape Hinders Clean Energy Projects, BU Research Shows
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A survey by Boston University’s Initiative on Cities found that 60% of US mayors have seen little or no…
Biden’s 5 Domestic Policy Proposals in State of the Union
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President Biden has proposed allowing Medicare to negotiate prices for at least 50 drugs annually, an…
Biden Omits Landmark Climate Law, Dems Unmoved
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President Joe Biden did not mention the Inflation Reduction Act (IRA) in his State of the Union speech, instead focusing on his administration's investment in green initiatives and job creation. Biden spoke about his efforts to cut carbon emissions in half by 2030 and referred to the 2022 climate package that invested $369 billion in…