He urges Congress to support legislation to cap annual rate increases at 5 percent. This week, President Joe Biden proposed a legislative plan that would have to be…
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FCC Urges Congress to Renew Pandemic-Era Internet Program
The Affordable Connectivity Program funding has expired. The Federal Communications Commission has called on Congress to renew funding for a low-cost internet connectivity program instituted during the COVID-19…
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Energy Department Selects 13 Energy Repair Projects
The agency distributes $25 million in the second round of funding through the Weatherization Assistance Program. The Department of Energy announced that 13 projects have been selected to…
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Energy Department Cancels Oil Purchases for Strategic Petroleum Reserve
The administration cites high oil prices for the delay in refilling low stock. The Department of Energy (DOE) announced it has canceled two upcoming oil purchases that would…
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USDA Awards Rural Energy Grants
$2.2 billion investment to increase electric reliability for 2 million rural residents. The U.S. Department of Agriculture (USDA) announced that 39 rural energy projects have been selected to…
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HHS Improves Child Care Affordability with New Rule
The regulation update allows low-income families to pay using 7 percent of their total income. The Department of Health and Human Services (HHS) announced a final rule which…
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DOE Finalizes Energy-Efficiency Standards for Washer, Dryer Units
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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FTC Sues to Block Grocery Chain Merger
Some state attorneys general join the effort to stop Kroger from merging with Albertsons. Nine state attorneys general joined a lawsuit with the Federal Trade Commission (FTC) this…
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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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