The department estimates that reduced emissions will reduce utility payments by $1 billion annually. The Department of Energy released the final rules to update energy efficiency standards for…
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Drug Companies Submit Counteroffers in Pricing Negotiation
President says Medicare continues negotiating drug prices to reduce costs. President Joe Biden reported that drugmakers have submitted counteroffers this week for Medicare’s new price negotiation program, beginning…
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Water Infrastructure Report Released by Federal Agencies
The Bureau of Reclamation and U.S. Army Corps of Engineers detailed the results of collaborative efforts. The U.S. Army Corp of Engineers released a joint report with the…
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Senate Committee Chair Critiques Billionaire Life Insurance Plans
Senator Wyden decries the expense plans acting as legal tax havens for the ultra-wealthy. The Senate Finance Committee released a report this week after an 18-month investigation into…
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Administration Slows EV Rollout with Revised Timeline
The EPA incorporates concerns of auto worker unions into its new proposal. The Environmental Protection Agency (EPA) released a revised version of the proposed timeline for America’s electric…
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President Says Ukraine Aid Would Fund U.S. Manufacturing
White House continues advocating for foreign aid congressional approval President Joe Biden continues to advocate for congressional approval of financial aid for Ukraine. He said on Tuesday that…
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HHS Reports Refugees Grew Economy in 15 Years
The department calculated that the generated revenue exceeded the costs of relocation and support. The Department of Health and Human Services (HHS) released a report this month that…
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National Economic Advisor Addresses Annual NABE Conference
She stated that today’s strong recovery lays the foundation for the future. National Economic Council Director Lael Brainard spoke at the 40th Annual National Association for Business Economics…
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Labor Department Reports Spike in Consumer and Housing Prices
Economists attribute increases to customary January surges. The Labor Department reported a spike in consumer prices in January, noting particular increases in food prices and rent prices. The…
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Secretary Vilsack Responds to 2024 Farm Income Forecast
Decreasing global demand makes domestic support more crucial. Secretary of Agriculture Tom Vilsack responded to the 2024 Farm Sector Income Forecast, a predictive dataset aggregated by the U.S.…
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