Politics

In the labyrinth of Congressional budget reconciliation, an unexpected player is making headlines: the publicly owned power companies are aggressively pursuing the elective pay program. Initially introduced through the Inflation Reduction Act, this initiative transforms tax credits into cash, becoming a potential catalyst for a renaissance of nuclear energy. At a time when conventional energy

The political landscape in America is undergoing significant changes, and with it comes a renewed emphasis on fairness in taxation, particularly regarding the State and Local Tax (SALT) deduction cap. New York Representative Nick LaLota has positioned himself at the forefront of this debate, arguing that the SALT cap, instituted as part of the 2017

The Federal Reserve’s recent decision to maintain interest rates between 4.25% and 4.5% is unsurprising, given the increasing turbulence in the economic landscape. As uncertainty looms over inflation and rising unemployment rates, the Fed is trapped in a precarious situation where its mandates of fostering full employment and controlling inflation seem to be at odds.

In a move that many in the political sphere are hailing as a much-needed breath of fresh air, the U.S. Department of Transportation (DOT) has announced an unprecedented plan to channel $3.2 billion into revitalizing America’s crumbling infrastructure. Transportation Secretary Sean P. Duffy made headlines by emphasizing a departure from the past administration’s heavy-handed involvement

The announcement of a monumental budget agreement by Governor Kathy Hochul has sent waves of optimism through the Metropolitan Transportation Authority (MTA). CEO Janno Lieber described his feelings as “ecstatic,” reflecting the mood of many who rely on the MTA’s services. With a staggering $31 billion gap in the MTA’s capital funding plan now set

President Trump’s recent proposal, which suggests drastic cuts totaling $163 billion to federal spending for the next fiscal year, has raised eyebrows across multiple sectors. However, this fiscal diet isn’t just a benign effort to tighten the economic belt; it poses grave threats to vital infrastructure, particularly in air travel. While proponents tout the need

In an era where infrastructure has become a pivotal concern in American politics, the latest moves by the House Transportation and Infrastructure Committee should send shivers down the spine of anyone who cares about the future of the nation’s transport systems. At the heart of this dilemma lies the Republican’s budget reconciliation bill, which, despite

The American housing market is facing an unprecedented crisis, and it’s hard to ignore the desperation grappling those in need of affordable homes. The statistics are staggering: housing inflation surged by 4% nationwide, with specific regions like the Pacific Northwest experiencing an even steeper climb of 4.5%. These figures, however, barely scratch the surface of

The recent executive order from President Donald Trump targeting so-called “sanctuary cities” exemplifies a concerning pattern of federal overreach that disrupts the balance of power between state and local governments. The decree mandates that the Justice Department compile a list of municipalities resisting federal immigration enforcement, igniting a fierce debate on the limits of federal

The recent approval of Washington state’s budget exemplifies the tension between fiscal responsibility and governmental expansion in an environment fraught with economic uncertainty. This $77.9 billion spending plan, finalized after fraught negotiations, comes with a staggering $8.7 billion in anticipated tax increases and an equally troubling $5.9 billion in program cuts. Largely hailed by state