Article Summary – The New York Public Service Commission is considering recommendations by the New York State Energy Research and Development Authority (NYSERDA) to use existing NY-Sun Program funding to exceed the state’s current 10-gigawatt solar generation goal. NYSERDA’s report suggests using $75 million of a projected $421 million budget
Article Summary – The US House of Representatives has passed the Inflation Reduction Act, poised to reshape American economy and environmental policy, and now awaits President Joe Biden’s signature. Designed to generate $737 billion in new revenue through tax and health care savings, the Act plans to invest $437 billion
Article Summary – The Biden administration has approved an additional $1.2 billion in student loan forgiveness, providing relief to 153,000 borrowers enrolled in the Saving on a Valuable Education (SAVE) Plan. This round of forgiveness targets borrowers who have been making payments for at least 10 years on college loans
Article Summary – Michigan lawmakers are reintroducing a film incentive program to attract film production companies to the region. The Multimedia Jobs Act will create a tax credit scheme, replacing the former 42% rebate of production costs, to encourage local job creation and boost customer traffic for small businesses. However,
Article Summary – A proposed US bill, the Life Saving Leave Act, will allow employees up to 40 nonconsecutive hours of unpaid leave annually for bone marrow or blood stem cell donation. The bill, introduced by Pennsylvania Democratic Sen. Bob Casey and co-sponsored by Louisiana Republican Sen. Bill Cassidy, aims
Article Summary – A bipartisan bill introduced in the Wisconsin State Legislature proposes creating a savings program, WisKids, for every child born or adopted in the state. The program would set up a state-owned savings account for each child, seeded with $25, which could be put towards post-secondary education once
Article Summary – The Inflation Reduction Act, enacted by Democrats in Congress in 2022, invested $80 billion in the Internal Revenue Service (IRS) with the expectation of recovering $180 billion in additional revenue over a decade from wealthy taxpayers. However, a recent analysis by the U.S. Department of the Treasury
Article Summary – Over 150 House Republicans issued a letter on February 4 urging President Joe Biden to end the recently implemented pause on permitting liquefied natural gas (LNG) exports. The Biden administration announced its decision on January 26, citing the standards used to evaluate permits, potential energy cost increases,
Article Summary – The newly established Michigan Department of Lifelong Education, Advancement and Potential (MiLEAP) aims to improve the state’s educational outcomes from preschool through college. The department is focused on making education from prekindergarten onwards more accessible and affordable, with initiatives such as universal free pre-K for all 4-year-olds
Americans Have More Saved For Retirement Than Ever Before Summary American workers have saved more for retirement than ever before. Average retirement savings today are twice what Americans had put aside in 2001. 75% of Americans are optimistic about retiring on their terms. Strong Economy Leads
Article Summary – The US economy added 216,000 jobs in December, with the unemployment rate remaining at 3.7%. Sectors that saw significant job growth include healthcare, local government, construction, and social assistance. Wages reportedly outpaced inflation, with average hourly earnings increasing by 15 cents and rising by 4.1% over the
Article Summary – The Appalachian Regional Commission has granted $10 million to aid small and mid-sized manufacturers in southwestern Pennsylvania in their expansion into green technology and clean energy. The commission, a collaboration between the federal government and 13 states, was established in 2022 as part of the Infrastructure Investment
