The Biden administration’s plan to accelerate the adoption of electric vehicles — reaching a two-thirds share of new cars in less than a decade — pushes automakers further in a […]
Inflation Reduction Act of 2022
Trending topics and news from the Inflation Reduction Act of 2022 category
Back to news homeI.R.S. Unveils $80 Billion Plan to Overhaul Tax Collection
WASHINGTON — The Internal Revenue Service on Thursday unveiled an $80 billion plan to transform itself into a “digital first” tax collector focused on customer service and cracking down on […]
Electric Vehicles Could Match Gasoline Cars on Price This Year
Declines in new car prices are pushing down used electric vehicle prices, too. They have fallen 17 percent since July, according to Recurrent, which tracks the used car market. That’s […]
Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia
The climate and tax bill President Biden signed in August to increase the use of green energy and electric cars while expanding domestic manufacturing appears to be yielding some results.A […]
I.R.S. Backlogs Continue as Republicans Mount Offensive
WASHINGTON — The Internal Revenue Service will begin the 2023 tax season bogged down in 10 million unprocessed tax returns from prior years and struggling to answer taxpayer phone calls, […]
As Infrastructure Money Lands, the Job Dividends Begin
It has never exactly been boom times for the archaeology profession, but this past year comes close — thanks to Congress.Kim Redman runs Alpine Archaeological Consultants, a firm that searches […]
Biden Caps Two Years of Action on the Economy, With New Challenges Ahead
Mr. Biden finished 2022 in a celebratory mood, vacationing with his wife, Jill, daughter Ashley and grandchildren Hunter and Natalie in the Virgin Islands. Aides described him as being in […]
Biden’s Meeting With Macron Comes Amid Rising Trans-Atlantic Tensions
Officials “think there is space here for Europe and others, frankly, to take similar steps,” a senior administration official told reporters this week in a background briefing previewing Mr. Macron’s […]
Europe’s Wind Industry Is Stumbling When It’s Needed Most
These should be great times to be in the wind energy business, especially in Europe. Governments here have long promoted offshore wind projects, and those efforts have accelerated since Russia […]
Democrats Spent $2 Trillion to Save the Economy. They Don’t Want to Talk About It.
Polls show voters liked direct payments from President Biden’s 2021 economic rescue bill. But they have become fodder for Republican inflation attacks. Read More