Author name: asopcich

For the past few months, a crisis over the “debt ceiling” has dominated news coverage in the United States. Congress must periodically increase the amount that the federal government may borrow. Otherwise, the government risks defaulting on its obligations. The government reached the debt ceiling in January 2023, and the Department of the Treasury (DOT) […]

The Inflation Reduction Act (IRA) of 2022 provides billions of dollars in direct funding, tax credits and other incentives aimed at the manufacturing sector. The goal of much of the bill’s funding is to encourage investments in “green” technologies like renewable energy and low- to zeroemission vehicles. Some of the IRA’s provisions provide direct benefits