Inflation Reduction Act

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Sen. Joe Manchin (D-W.Va.) marked the one-year anniversary of the passage of the Inflation Reduction Act with a promise to “push back” against the Biden administration’s efforts to “implement ... a radical climate change agenda” through the legislation, which Mr. Manchin helped author.

The U.S. economy is “on the right track” because of the significant investments emanating from President Joe Biden’s signature Inflation Reduction Act, Treasury Secretary Janet Yellen said close to the first anniversary of the legislation’s signing.

Moody’s Analytics chief economist Mark Zandi has calculated that the typical American household is spending a whopping $709 more per month than two years ago due to high inflation.

President Joe Biden visits a wind farm manufacturer in New Mexico to showcase his “Investing in America” vision, as a poll on Americans’ response remains luke warm.

Canada used to be the top U.S. trading partner, but now Mexico has taken the lead, with China falling off.

In response to reports that Chinese EV battery firms are using partnerships in South Korea to get U.S. tax credits, Sen. Marco Rubio (R-Fla.) asks the Biden administration to “act swiftly” to stop American taxpayer dollars from flowing to China.

Chinese battery materials firms are seeking more partnerships with South Korean firms to meet the requirements of the U.S. electric vehicle (EV) tax credit rules, which was designed to lower U.S. reliance on China’s supply chains.