Independent thinking for complex markets and current events
The House on Thursday is expected to advance a three-year extension of Obamacare subsidies, sending the bill to the Senate where it faces an uphill climb. The enhanced Affordable Care Act tax credits were a key factor in the longest-ever government shutdown last fall. Their expiration at the end of 2025 led to premiums rising …
🚨🚨MAJOR BREAKING The USA CRUSHES Canada with 35% softwood lumber tariffs, more than doubling them from April levels this, only 2 days after Carney announced he would subsidize the Canadian lumber industry. They are moving rapidly now. pic.twitter.com/5aZmVJfDRi — Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) August 9, 2025 Trump hit Canada with 35% lumber tariffs. Days after Carney …
One strategy for state officials looking to transition Washington’s transportation sector to electric vehicles is by subsidizing them with taxpayer dollars. This week, Gov. Jay Inslee announced $45 million in subsidies through a Department of Commerce grant program for families deemed “low-income” to purchase an EV. “Washingtonians really get it when it comes to electric …
The Biden administration is classifying some of the country’s most elite and exclusive locales as “low-income” areas, making them eligible for electric vehicle (EV) charger subsidy programs. The administration’s EV charger tax credit program — made possible by the Inflation Reduction Act (IRA), President Joe Biden’s signature climate bill — is specifically designed to route …
In a recent turn of events, Brendan Carr, a US FCC Commissioner, has levied serious accusations against the White House and other government agencies, alleging the targeted harassment of Elon Musk and his companies. Carr’s dissenting statement, released today after the FCC’s decision to deny Starlink an $886 million subsidy, sheds light on what he …