Browsing Tag

Biden

Biden’s Act Unravels Medicare Part D Amid Inflation Reduction

TL/DR - The article "Dollar Stability - Not Dollarization - Is the Fix for Javier Milei" discusses solutions for Argentina's economic problems. There's also a discussion on how union pledges are raising energy cost inflation in a crucial battleground state. The article "If Raleigh Budgeted More Like N.C., Taxpayers Would Save Millions" argues…

US Economy’s Decarbonization to Continue, Regardless of Trump’s Election

TL/DR - The article discusses various topics related to the automotive industry. UAW President Shawn Fain reflects on his first year, the introduction of a 32-hour work week, and his relations with Trump. Other topics include a business case for driver distraction, the impact of EPA's truck pollution standards, a eulogy for a late General Motors…

IRS targets personal use of corporate jets for tax audits

TL/DR - The Internal Revenue Service (IRS) intends to investigate wealthy executives who use company jets for private purposes yet classify the costs as business expenses for tax purposes. The audit, made possible by the 2022 Inflation Reduction Act, will use advanced analytics to determine whether the use of company jets is correctly allocated…

Biden Plans to Fortify Federal Workforce, Ward Off Trump Influence

TL/DR - The Biden administration has proposed a new rule to protect the civil service from potential future political interference, particularly in the event of a return to power by Donald Trump. The rule would make it more difficult to reinstate an executive order issued by Trump which would have enabled him to fire thousands of federal workers…