Congress

Yale E360
View In: Inflation Reduction Act The U.S. EV fleet will be 20 percent larger in 2030 than previously forecasted thanks to new tax credits for electric vehicles, an analysis finds.Read more on E360 →

Counter Punch
View In: Inflation Reduction Act In a desperate effort to make the numbers in the Inflation Reduction Act work, Senate negotiators threw in a 1% tax on share buybacks by corporations at the last minute. Although the $74 billion projected to be raised by this tax is only a bit more than 0.1% of projected revenue over the next decade...

Exxon Knews
View In: Inflation Reduction Act The landmark climate legislation, shaped by a coal baron, keeps frontline communities in harm’s way.

scheerpost.com
View In: Congressional Insider tradingDespite efforts to curb insider trading, the practice has been rampant within the US government on both sides of the aisle. The post The Scandal of Congressional Stock Trading appeared first on scheerpost.com.

California Expose
View In: Inflation Reduction Act Biden’s methane reduction plan relies on historically weak enforcement. The post ‘Strongest Climate Bill Ever’ May Increase Oil and Gas Production in New Mexico appeared first on .

Jacobin Magazine
View In: Congressional CorruptionLast month, the Lever’s Andrew Perez reported on a remarkable exchange during a televised hearing of the House Financial Services Committee. Given five minutes for some comments, the committee’s chair, Representative Trey Hollingsworth (R-IN), addresses Bank of America CEO Brian Moynihan and thanks hi...