Browsing Tag

Inflation Reduction Act

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…

Federal government aids Montana’s wood products industry

TL/DR - The US Forest Service has provided $5m in financial aid to the Montana wood products industry as part of the Bipartisan Infrastructure Law and Inflation Reduction Act. Eight companies, including sawmills, wood product manufacturers, and logging operations, received grant money for innovation and infrastructure assistance, which is aimed…

Poll: Voters unfamiliar with Biden’s domestic spending plans

TL/DR - A recent Politico-Morning Consult poll found that many voters are unfamiliar with President Biden's major domestic spending initiatives, including the American Rescue Plan, the bipartisan infrastructure law, the CHIPS and Science Act, and the Inflation Reduction Act. The poll found that 34% of voters knew nothing at all about the American…

IRS to increase audit rates on large firms, partnerships, millionaires

TL/DR - The Internal Revenue Service (IRS) plans to increase audit rates for large corporations, partnerships, and multimillionaires over the next three years to enhance collections. The IRS targets a triple increase in audit rates for corporations with assets over $250 million and a nearly 10-fold increase for partnerships with assets over $10…