US Economy

TL/DR - Maine is set to receive an additional $71.6 million in federal funding through the Inflation Reduction Act, which will be used to implement a new plan for heat pump rebates in 2024. The funds will be allocated by the governor's energy office and Efficiency Maine, with the aim of reducing barriers for low-income residents who wish to…

TL/DR - The U.S. has seen a significant increase in federal investment in infrastructure, with three investment packages combining to contribute about $2 trillion to infrastructure, climate, and advanced industries over the last two years. The largest growth of such investment in over 40 years, it is expected to shape the future of the country…

TL/DR - The US Congress’ Joint Committee on Taxation (JCT) has posted a resource explaining the SECURE 2.0 Act of 2022 and other tax provisions enacted in the 117th Congress. The "Bluebook" provides descriptions of over 170 tax provisions across eight different Acts, including the American Rescue Plan Act of 2021 and the Consolidated…

TL/DR - The Breakthrough Institute has faced controversy throughout the year due to its critical standpoints on environmental and climate topics. The institute challenged the mass adoption of electric vehicles and opposed the reappointment of Jeff Baran, a perceived obstructionist commissioner, on the Nuclear Regulatory Commission, and sparked a…