Article Summary – The U.S. Air Force and National Guard have abandoned a plan to lower the flight training area of the Maryland Air National Guard above Pennsylvania communities to 100 feet above ground level. The plan, which was opposed by Democratic U.S. Sens. Bob Casey and John Fetterman and
Article Summary – Vice President Kamala Harris has announced federal investments for small and medium-sized auto manufacturers in Michigan to either retool or expand their facilities. The Department of Energy has earmarked $50 million each for its Automotive Conversion Grants Program to help businesses transition from traditional vehicles to electric
Article Summary – The US Environmental Protection Agency (EPA) has updated its methane emissions reporting requirements for oil and gas operations to ensure greater transparency and accountability for methane pollution. The agency has claimed that these facilities are the nation’s largest industrial source of methane, a climate “super pollutant” that
Article Summary – President Biden has requested $104 billion in additional funding for the Internal Revenue Service (IRS) in the 2025 fiscal year budget proposal, atop the $12.3 billion annual budget and an already enacted $80 billion through the Inflation Reduction Act. U.S. Senator Mike Crapo expressed concern over the
Article Summary – The US government has allowed tax credits for electric vehicles with batteries containing Chinese graphite until the end of 2026. The US Treasury will give automakers until 2027 to remove certain hard-to-trace minerals, including graphite. South Korea welcomed this decision as it benefits Korean and other global
Article Summary – The Inflation Reduction Act (IRA), passed by the Biden Administration in 2022, is notable for its significant investments in clean energy, providing incentives for renewable energy implementation and funding clean energy companies. Despite environmental benefits and potential job growth, the IRA has simultaneously allowed for the fossil
Marc H. Morial, President and CEO of the National Urban League, emphasizes the positive impact of Bidenomics on Black unemployment rates while calling for active defense of democracy against disinformation and voter suppression.
Article Summary – Ex-President Donald Trump criticized President Joe Biden’s economic policies at a May 1 rally, despite Wisconsin seeing an increase of over 188,000 jobs and a drop in unemployment rate from 4.7% to 3% since Biden’s inauguration. During Trump’s term, the state experienced a net job loss and
Article Summary – Michigan has initiated a program to offer vocational training and job placement assistance to 5,000 residents in a bid to enhance its workforce and improve infrastructure. The program, which will be funded through $9 billion in federal funding from President Joe Biden’s Inflation Reduction Act, aims to
Article Summary – The IRS Commissioner, Danny Werfel, has stated that the agency is dedicated to protecting American households earning less than $400,000 a year from increased audit rates. He specified that the audit rates for these households will not exceed the rates of 2018, which were a record low.
Article Summary – President Biden signed the Inflation Reduction Act (IRA) in 2022, targeting reduction in health care costs by mandating price reductions for some expensive Medicare/Medicaid drugs, excluding orphan drugs with a single indication. The Act may, however, lead to unintended consequences in the orphan drug market, as it
Article Summary – A new group, the SAF Coalition, aims to lobby lawmakers to extend a tax credit from the Inflation Reduction Act to increase the production of sustainable aviation fuel. The coalition, made up of almost 40 large airlines, airports, manufacturers, and biofuel producers, is forming at a crucial
