Browsing Tag

Biden

Biden’s Climate Funding Now Pouring In

TL/DR - Over the past month, the Biden administration has spent $37 billion of the $110 billion in grant funds from the Inflation Reduction Act (IRA) on climate-related projects. The funds have been used to support efforts such as replacing natural gas boilers in ice cream factories with climate-friendly ones, assisting a manufacturing plant that…

How Financial Issues of Trump Might Impact the 2024 Election

TL/DR - The IPO of Truth Social, Donald Trump's meme stock, is predicted to increase Trump's net worth by several billion dollars, but a lot of that money will be tied up in uncertain equities, making it difficult for him to utilize these funds for his campaign. Trump currently has roughly a third of the cash on hand compared to President Biden,…

2023 U.S. Construction Boom Sparked by Inflation Reduction Act

TL/DR - The United States' clean energy economy grew significantly in 2023 despite economic challenges, with the industry receiving nearly $100 billion in new investments and adding more than 80,000 jobs, thanks to President Biden’s Inflation Reduction Act and increasing demand for clean energy technologies. The legislation led to a surge in…