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Economic News
In-depth coverage of the most significant financial events affecting you, your family, and your businesses.
Daily Bulletin: Relaxation of Some EV Battery Regulations Could Increase Number of Cars Eligible for…
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The U.S. government has revised regulations concerning electric vehicle (EV) tax credits, potentially expanding the number of EVs eligible for credits of up to $7,500. The changes, under the 2022 Inflation Reduction Act, grant…
Significant increase in audit rates for big corporations, partnerships, and millionaires targeted by…
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The Internal Revenue Service (IRS) has plans to significantly increase audit rates for large corporations, partnerships, and multi-millionaires over the next three years to boost collections. The IRS will target large corporations…
Earthjustice Commends Senator Stabenow’s Farm Bill, Calls for Bipartisan Support
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U.S. Senate Agriculture, Nutrition, and Forestry Committee Chairwoman Debbie Stabenow has released a summary of the Rural Prosperity and Food Security Act, which renews the Farm Bill. The bill maintains popular conservation…
Dogwood Video: Biden’s Inflation Reduction Act Makes Prescription Drugs More Affordable for…
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The article highlights that prescription drugs are becoming more affordable for seniors, a development attributed to Biden's Inflation Reduction Act. No specific data points or arguments are presented in the brief article…
Federal Grant for Solar Panels Awarded to Kelly Car Dealership
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A car dealership owned by the family of U.S. Rep. Mike Kelly received a nearly $315,000 grant from the U.S. Department of Agriculture to install solar panels. The grant was funded by President Joe Biden's Inflation Reduction Act…
Nancy Pelosi Appears Cheerful at Today’s White House Festivity Celebrating the Inflation…
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The Inflation Reduction Act, a large piece of legislation, was celebrated at the White House, with Speaker Nancy Pelosi expressing her high spirits. The Act required significant cooperation among Senate Democrats, particularly the…
Act to Reduce Inflation Aims to Lower Prescription Drug Costs and Health Care Premiums
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The Inflation Reduction Act has been recently passed in the Senate and is awaiting President Biden's signature. The act aims to benefit millions of Americans by reducing health insurance premiums and prescription drug costs. It…
Essential Financial Support Obtained by Saratoga National Historic Park
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Saratoga National Historic Park is set to receive substantial funding from the Inflation Reduction Act, part of a $195 million initiative by the National Parks Service for conservation and resilience efforts. Superintendent Leslie…
Impact of Inflation Reduction Act Results in Lower Health Care Costs for Women, New Data Reveals
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The U.S. Department of Health and Human Services Office of the Assistant Secretary for Planning and Evaluation (ASPE) has released research showing that provisions from the Inflation Reduction Act (IRA) will lower costs for women…
The Bakersfield Californian Reports LS Cable & System Receiving $99 Million Investment Tax…
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LS Cable & System has received a $99 million investment tax credit under Section 48C of the Inflation Reduction Act. The credit will go towards a $363 million project for the construction of a high-voltage direct current…