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Economy

Biden, Trump Spar Over Economy, Inflation in 1st Debate | National News

TL/DR - The first debate between President Joe Biden and former president Donald Trump has started in full swing with both candidates emphasizing their economic policies. Biden pointed out his signature legislation - the inflation reduction act - and its promise of an economic boost via billions of dollars in clean energy incentives. Both…

Granholm Discusses Industrial Strategy in Reno: US Energy Sec

TL/DR - US Energy Secretary Jennifer Granholm emphasized the need for a national industrial strategy during a visit to Northern Nevada. She spoke about the Biden Administration's strategy to subsidize and incentivize new US manufacturing, which would stimulate economic activity and secure domestic supply lines. The strategy is centered on clean…

W.Va. Businesses Urged to Apply for Credit Program

TL/DR - US Sen. Joe Manchin has urged West Virginia manufacturers to apply for the second round of Inflation Reduction Act’s 48C Qualifying Advanced Energy Project Credit program funding. The second round will make up to $6 billion available, with at least $2.5 billion reserved for projects in coal communities. The 48C portal for submitting…

Canton’s Sewer Costs Soar Due to Mammoth Plant – The Mountaineer

TL/DR - The Canton North Carolina Aldermen have discussed long-term plans for their wastewater treatment plant, which is oversized for the town's needs. The plant's current capacity is 2.5 million gallons per day, but the town's average use is only 1 million gallons per day. This oversizing is leading to high costs for the town, including a $9…