Americans continue to experience higher energy prices. President Biden’s administration has reduced new offshore oil leases to their lowest levels ever, for the next five years. They cite…
Read MoreInflation Reduction Act
IRS Seeks to Collect Back Taxes from Billionaires
The agency’s initiative is funded under the Inflation Reduction Act. The Internal Revenue Service (IRS) has launched an initiative to collect hundreds of millions of dollars in back…
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White House Advisor Certain of Legality of Drug Price Negotiations
Pharmaceutical companies challenge the administration in court over negotiations by Medicare. White House Domestic Policy Council Director Neera Tanden expressed confidence in the legality of Medicare’s new program…
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DOE Invests $350 Million to Reduce Methane Emissions
The department will fund the technical assistance necessary to monitor methane and prevent leaks. The Department of Energy (DOE) has made $350 million available to oil and gas…
Read MoreAdministration Announces Prescriptions Available for Price Negotiations
Ten drugs will be negotiated, with new pricing as of 2026. President Biden’s administration has announced the first 10 prescription drugs available for Medicare price negotiations. The pharmaceuticals…
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Low-Income Community Credit Program Launched
Treasury Department rule encourages the construction of clean energy facilities for lower energy costs. The Department of the Treasury issued a final rule and guidance for its new…
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EPA Launches Grants for Residential Solar Panels
Administrator Regan announces funding as part of the “Solar for All” program. The Environmental Protection Agency (EPA) recently launched the “Solar for All” grant program, which will distribute…
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USDA Invests in Equity for Farmers and Ranchers
Secretary Vilsack says the Increasing Land Access Program will ”keep agriculture thriving.“ The U.S. Department of Agriculture (USDA) announced the selection of 50 potential award projects to receive…
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Treasury Secretary Speaks Before Racial Equity Advisory Committee
Requests input on the implementation of the Inflation Reduction Act. Treasury Secretary Janet Yellen spoke with the Treasury Advisory Committee on Racial Equity recently, requesting guidance on how…
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IRS to Deploy Pilot of Online Tax-Filing System
Treasury and IRS officials convene roundtable discussion. The Internal Revenue Service (IRS) is launching a program that will allow a select number of taxpayers to interact with a…
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