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US Economy

Australia Corp Supports Biden’s $369B Inflation Act Amid Trump’s Resurgence

TL/DR - The article discusses potential effects of a hypothetical second term of Donald Trump's presidency on the U.S business landscape. Business leaders have mixed views, with some expecting a fall in regulatory burdens and taxes but potential harm to supply chains due to tariffs and trade wars. Regardless of the administration in power, most…

US Treasury, IRS Expand Reach of Clean Energy Tax Credits

TL/DR - The US Department of the Treasury and Internal Revenue Service (IRS) have implemented key provisions of the Inflation Reduction Act, leading to over 1,000 clean energy projects registering via the IRS Energy Credits Online (ECO) portal. These projects can now benefit from new "direct pay" and "transferability" tax credit delivery…

St. Pete Congresswoman Hosts Inflation Reduction Act Workshop

TL/DR - U.S. Representative Kathy Castor is hosting an Inflation Reduction Act Workshop for commercial property owners on January 24 at the USF St. Petersburg Student Center. The event, aimed at businesses, nonprofits, places of worship, municipalities, and contractors who are members of the Florida Solar Energy Industries Association, will focus…

Manchin Reports $20.7B for West Virginia in FY 2023 Review

TL/DR - U.S. Senator Joe Manchin announced that West Virginia received over $20 billion in fiscal year 2023 to support the state’s priorities, communities, and families. The funding includes investments in areas such as social security benefits, veterans benefits, broadband access, infrastructure, health services, and emergency management.…