David Menten, president of Sawgrass Ford in Sunrise, Florida, showcases the impressive features of a Ford … [+] F-150 Lightning in the showroom of Sawgrass Ford. (Mike Stocker/South Florida Sun Sentinel/Tribune News Service via Getty Images) TNS Beginning in January, eligible buyers of electric vehicles can now receive a federal tax credit as an upfront …
President Joe Biden’s Inflation Reduction Act includes substantial incentives for purchasing electric vehicles and making energy-saving home improvements. If you owe taxes to the federal government and meet the income requirements, the credits available starting January 1st can significantly reduce your IRS bill when buying an electric vehicle or setting up home charging stations. However, …
The United Automobile Workers’ (UAW) strike against the Big Three manufacturers that commenced today poses a major political vulnerability to President Joe Biden’s clean-energy economy initiative. Despite Biden’s successful passage of three bills promoting clean-energy projects, the majority of green investments and job creation are benefiting red-leaning communities that are typically hostile towards Democrats and …
Ron DeSantis, the Republican governor of Florida and a presidential candidate, has made headlines by refusing millions of dollars in federal funding. This decision is in line with a growing trend of ideological purity within the Republican Party. Rather than accepting energy-efficiency incentives under the Inflation Reduction Act, a key policy of the Biden administration, …
In mid-September, a potential strike at Ford, GM, and Stellantis, collectively known as the big three automakers, could extend the “summer of strikes” into autumn. The United Auto Workers (UAW) union, which has endorsed President Biden, plans to strike on September 14 if an agreement is not reached. The UAW’s support for Biden could further …
The Biden administration has taken a significant step towards addressing healthcare affordability in the United States by announcing the first 10 drugs chosen for Medicare price negotiation. However, major pharmaceutical companies and industry groups are contesting the entire program in court, which could potentially delay or halt its implementation. Despite this, advocates hope that the …
In its early days, Facebook concentrated all its operations in a single building located in Prineville, Oregon. This data center was a massive consumer of electricity, surpassing the power usage of over 6,000 American households. However, a significant incident occurred in the summer of 2011, when a literal cloud formed inside the building due to …
Aug. 16, 2022 marked a historic moment as President Joe Biden signed the Inflation Reduction Act (IRA) into law, ushering in the most significant response to climate change in human history. However, as we commemorate the first anniversary of this achievement, the world is facing a series of alarming climate catastrophes. From scorching summers, with …
This article is part of HuffPost’s biweekly politics newsletter. Click here to subscribe.This week marked the one-year anniversary of the Inflation Reduction Act, President Joe Biden’s groundbreaking legislation. The administration had grand plans to celebrate and promote the accomplishments of the law through various appearances and a major speech by Biden himself. However, amidst the …
The announcement of the first 10 drugs selected for Medicare price negotiation on September 1st marks a significant step towards government regulation of drug costs. This process, which has faced legal challenges, will initiate negotiations with the manufacturers of these drugs, who will have one month to agree to engage in the negotiation process. Companies …