Trump admin prepares to change conditions of CHIPS Act and its $39B subsidies: sources
The White House is about to renegotiate the Chip and Science Act award, indicating a delay in future semiconductor payments. People, along with a third source, say the new administration is considering projects awarded under the 2022 Act, with a $39 billion subsidy aimed at increasing the power of US domestic semiconductors. That's what I […]
UK halves subsidies for Drax and says it must use 100% sustainable wood | Energy industry
The UK government has ordered the use of 100% sustainable wood after halving subsidies for the Drax power plant and receiving criticism for its business model. Large North Yorkshire power plants will play a “more limited role” in the future, the government said. The plant is an important generator for the UK, but has been […]
Biden touts record Obamacare signups, urges Congress to extend subsidies – USA TODAY
Approximately 24 million consumers will choose an Affordable Care Act health insurance plan in 2025, breaking last year's enrollment record, even though consumers have one week left to sign up for coverage this year. Biden administration officials made the announcement Wednesday. This year's enrollment exceeded last year's record of 21.4 million. And consumers have until […]
Trump says subsidies to Canada make ‘no sense,’ suggests Canada wants to join US
President-elect Trump continued his trolling of Canada early Wednesday, slamming U.S. subsidies to its northern neighbor and claiming again that Canadians probably want to become the 51st U.S. state. in his post social media “No one can answer why we give Canada more than $100 million a year in subsidies,” Trump wrote on stage. “That […]
ACA subsidies set to expire in 2025, risking loss of health insurance – AOL
Republicans have the upper hand getting closer to gaining control Millions of Americans are at risk of losing enhanced subsidies that currently underwrite the cost of health insurance purchased through the Affordable Care Act's marketplaces, according to industry experts and the Congressional Budget Office. There is a possibility that it has been done. of November […]
Carmakers ramp up pressure on chancellor for EV sales subsidies | Electric, hybrid and low-emission cars
Electric vehicle sales in the UK hit a record high in September, despite executives from major car manufacturers telling the Prime Minister that the government's targets were putting too much pressure on the industry. The UK electric car industry sold 56,300 electric cars in the month, a record high, according to preliminary figures released by […]
Automakers Hit Reverse On Idealistic Electric Vehicle Targets Despite Billions In Biden-Harris Subsidies
Automakers continued to slip away from electric vehicle (EV) targets last year as weak consumer demand stifled growth, despite the Biden-Harris administration pumping billions of yen into the electric vehicle industry through subsidies. Since February, many automakers have abandoned their primary EV goals, with Volvo, Ford and Mercedes-Benz all reducing EV allocations or dropping previously […]
Dems push ahead on ACA subsidies
Plan B One Step Offering — Democrats are pushing to extend subsidies that expire next year {beacon} health care health care Full text Key lessons learned from the Senate's second IVF debate Senate Republicans on Tuesday blocked for the second time a Democratic bill that would have created a federal right to IVF and […]
California commission considering phone subsidies for illegal immigrants
Illegal immigrants in California may soon be able to get subsidized cell phone bills under a new proposal. The state's Public Utilities Commission is scheduled to vote on September 26 on whether to expand California Lifeline, a subsidy program for low-income state residents, to people without Social Security numbers. “When undocumented Californians find themselves in […]
Manufacturing Jobs Continue To Dwindle Despite Biden Admin Allocating Hundreds Of Billions In Subsidies
The U.S. economy lost a large number of manufacturing jobs in August, despite the Biden administration's attempts to jump-start manufacturing with hundreds of billions of dollars in subsidies. US manufacturing jobs Fell According to data from the Bureau of Labor Statistics (BLS), manufacturing employment increased by 24,000 in August, down 14,000 from a year ago. […]