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Keyword: subsidies

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  • Michigan's Governor Gretchen Whitmer Offers "Newcomer Rental Subsidy” to Landlords

    04/01/2024 10:11:02 PM PDT · by SeekAndFind · 21 replies
    Hotair ^ | 04/01/2024 | Karen Townsend
    Newcomer is the new word for illegal aliens. In Biden's America, there is a new word for everything. In Michigan, Democrat Governor Gretchen Whitmer has gone so far as to name a rent assistance program the Newcomer Rental Subsidy program. It offers landlords $500 for each illegal alien. The program "provides Refugees and other Newcomer population-eligible households with rental assistance up to $500 per month for up to 12 months, with eligibility based on immigration status and household income."Program applicants must have eligible immigration status, which includes refugees, asylum-seekers, special immigration visa holders, victims of human trafficking, Cubans, Haitians, Afghan...
  • Biden's $8.5 Billion Gift to Intel to Build Chip Plants in the USA Probably Wasn't Even Necessary

    03/22/2024 7:43:10 AM PDT · by SeekAndFind · 11 replies
    PJ Media ^ | 03/22/2024 | Rick Moran
    On Wednesday, while campaigning in Arizona, Joe Biden revealed that the government reached an $8.5 billion deal with U.S. chipmaker Intel to build four plants in the U.S. that will build advanced computer chips. Commerce Secretary Gina Raimondo said the deal would enable the U.S. to manufacture 20% of the world's most advanced computer chips by 2030 and create 30,000 jobs. “Failure is not an option — leading-edge chips are the core of our innovation system, especially when it comes to advances in artificial intelligence and our military systems,” Raimondo told reporters. “We can’t just design chips. We have to...
  • Biden Admin Classifies Martha’s Vineyard, Elite Locales As ‘Low-Income’ To Push EV Charger Subsidies

    02/06/2024 8:45:22 PM PST · by SeekAndFind · 17 replies
    Daily Caller ^ | 02/06/2024 | Nick Pope
    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 subsidies to “low-income” or “non-urban” areas of the country. The “low-income” emphasis for eligibility aligns in spirit with the Biden administration’s wider pursuit of so-called “environmental justice,” which is effectively the combination of social justice ideology and green policy.Numerous elite hangouts and locales — including...
  • The Biden Administration’s Electric Vehicle Subsidies Are Becoming Another Solyndra

    11/26/2023 11:04:55 AM PST · by Signalman · 23 replies
    The Federalist ^ | 11/24/2023 | Helen Raleigh
    Energy Secretary Jennifer Granholm made $1.6 million from an electric car company the Biden administration boosted that just went bankrupt. Proterra, an electric bus and battery company that President Joe Biden touted as a success of his green energy initiative, filed for bankruptcy in August. Last week, it finally sold its embattled battery business at a rock-bottom price as part of the bankruptcy proceeding. The rise and fall of Proterra demonstrates once again that politicians should refrain from betting taxpayers’ money on business ventures to advance their political agenda. According to the Wall Street Journal, Proterra has sold only 550...
  • Acting Labor Sec’y: We’re Subsidizing Rich Buying Expensive EVs Because of Climate, It’ll Create Jobs

    10/07/2023 10:20:40 AM PDT · by ChicagoConservative27 · 26 replies
    Breitbart ^ | 10/07/2023 | Ian hatchett
    On Friday’s broadcast of Bloomberg’s “The Open,” acting Secretary of Labor Julie Su responded to a question on why the Biden administration is using tax dollars to give wealthy people credits to buy expensive electric cars by stating that they’re trying to create jobs and people support tax credits that help create jobs, and also because there’s a climate crisis. After Su mentioned the Biden administration’s economic policies, host Jonathan Ferro asked, “Let’s talk about those policies. There is something really peculiar going on at the moment. If you think about what’s happening at the picket line, they have serious...
  • Hoekstra pledges to phase-out fossil fuel subsidies [EU climate action commissioner]

    10/03/2023 12:47:55 AM PDT · by Olog-hai · 8 replies
    EU Observer ^ | 03 Oct 2023 07:29 | Wester van Gaal
    Wopke Hoekstra, the former Dutch minister of finance and commissioner designate for climate action, vowed to lay the basis for a Green Deal 2.0 in his bid to convince members of the climate committee in the EU Parliament in Strasbourg on Monday (2 October). He would not be a simple “caretaker commissioner,” said Hoekstra, even though his term will end with the current commission next year. He pledged to commit to reducing CO2 emissions by 90 percent by 2040 and finalize plans in January, following the advice of the EU advisory board for the climate. And he had some strong...
  • Biden admin quietly released study showing green energy receives far more subsidies than fossil fuels

    10/01/2023 5:58:32 AM PDT · by george76 · 10 replies
    Fox News ^ | October 1, 2023 | Thomas Catenacci
    Solar should be competing for sales in the marketplace, not for subsidies in Washington,' ... The Biden administration quietly issued a 59-page report outlining the current scope of federal energy-related subsidies revealed that the renewable energy sector enjoys significantly larger taxpayer backing than the fossil fuel industry. The report — authored by the Department of Energy's Energy Information Administration (EIA) and published in August — represents the first of its kind since 2018. The EIA analyzed data from 2016 through 2022, and determined that, during that time period, the federal government doled out $183.3 billion in direct and mainly indirect...
  • EU says cheap Chinese EVs profit from state subsidies, launches probe

    09/16/2023 10:07:16 AM PDT · by Right Wing Vegan · 6 replies
    Malaysia Sun ^ | 9/16/2023 | Robert Besser
    BRUSSELS, Belgium: This week, the European Commission launched an investigation into the influx of Chinese electric vehicles (EV) to protect European Union (EU) producers. In the investigation, the commission will decide whether to impose punitive tariffs against cheaper Chinese EV imports, which it claims benefit from state subsidies. In her annual address to the European parliament, Ursula von der Leyen, President of the European Commission, said, "Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies." In its highest-profile case against China since an EU probe into Chinese solar panels...
  • Biden’s food stamp expansion linked to 15% jump in grocery prices: study

    08/24/2023 9:57:41 AM PDT · by ChicagoConservative27 · 17 replies
    NY Post ^ | 08/24/2023 | Elizabeth Elkind, Fox News
    The Biden administration’s massive expansion of food stamp benefits is linked to at least a 15% rise in grocery prices, a new study said on Thursday. President Biden’s Department of Agriculture rolled out revised nutritional standards for federal food benefits in 2021 that expanded the program by roughly 25% from pre-COVID pandemic levels. Overall spending on the Supplemental Assistance Nutrition Program (SNAP) more than doubled between 2019 and 2022, according to findings from the Foundation for Government Accountability (FGA) previewed by Fox News Digital. It went from $4.5 billion in 2019 to $11 billion in 2022, the study said.
  • Wind Industry Blackmails U.K. Demanding Huge Ramp-Up of Subsidies

    07/06/2023 6:52:44 AM PDT · by george76 · 10 replies
    The Daily Sceptic, ^ | 5 JULY 2023 | WILL JONES
    In a move that gives the lie to years of propaganda claiming falling costs, the wind industry’s leading lobbyists have written to the Government threatening to abandon the U.K. unless subsidies for their companies are hugely increased. The industry lobbyists claim that unforeseen rising costs now require three actions: A revision to the auction rules so that the winners are not determined by lowest bids but by an administrative decision that weights bids according to their ‘value’ in contributing towards the Net Zero targets. Special new targets and thus market shares for floating offshore wind, one of the most expensive...
  • Here’s Another Reason To Hate EVs

    07/03/2023 4:11:50 AM PDT · by MtnClimber · 53 replies
    Issues & Insights ^ | 3 Jul, 2023 | I & I Editorial Board
    "As fuel taxes plummet, states weigh charging by the mile instead of the tank.” That was the headline of a recent AP story, which should scare freedom-loving citizens everywhere. And you can place the blame squarely on government-subsidized EVs for this terrible new development. The background is that state and federal gasoline taxes aren’t raising “enough” money these days to pay for roadway construction and maintenance. And a big reason for the growing shortfall is the increase in electric vehicles. EVs get massive tax subsidies to convince people to buy them, but their owners don’t pay gasoline taxes, for the...
  • The legislation that has created a $4 trillion time bomb for 2024

    06/27/2023 12:43:12 PM PDT · by Twotone · 16 replies
    Washington Examiner ^ | June 26, 2023 | Cami Mondeaux
    The victor of the 2024 election is set to face a number of new legislative deadlines immediately upon entering office that could have drastic effects on the country’s economy. More than a dozen candidates are eyeing the Oval Office in 2024, positioning themselves as the best choice to address the nation’s cultural and economic challenges. However, upon taking office in 2024, the winner of the presidential election must deal with the impending expirations of both the 2017 tax law as well as subsidies included in Obamacare. On top of that, the debt limit bill is also set to expire just...
  • The Trump administration just imposed a massive tax increase. You may have missed it.

    05/29/2017 9:22:33 AM PDT · by wastedyears · 36 replies
    Washington (Com)Post ^ | May 26, 2017 | Andy Slavitt
    This week the Trump administration managed to impose a massive tax increase on middle-income families beginning in 2018. You could be excused for missing this story if you were focusing instead on President Trump’s draconian budget or Republican efforts to take away health care from tens of millions of people. But, indeed, on Monday, the Trump Health Care Tax was born.
  • Biden Tax Policies Favor Wealthy [semi-satire]

    03/04/2023 1:21:09 PM PST · by John Semmens
    Semi-News/Semi-Satire ^ | 5 March 2023 | John Semmens
    In addition to being illegal, President Biden's attempt to grant loan forgiveness to college students transfers wealth from the working class to scions of the upper class. Fifty-six percent of the student debt is owed by people who went to grad school. None of this debt is owed by people who never went to college. Persons earning as much as $125,000 a year qualify for Biden's debt forgiveness program. Likewise, subsidies for electric vehicles (EVs) assist wealthier Americans to purchase vehicles that are out of the price range of what the working class can afford. The majority of those receiving...
  • EU to consult on easier state aid rules to counter U.S. subsidy law

    12/13/2022 5:52:06 PM PST · by Olog-hai · 3 replies
    Reuters ^ | December 13, 2022 5:04 PM UTC | Foo Yun Chee
    The European Commission is seeking feedback on whether the 27-country bloc needs to loosen state aid rules to allow governments to support companies affected by the U.S. Inflation Reduction Act, with plans for a European fund in future. The $430 billion act, which grants consumers tax credits for U.S.-produced electric vehicles (EV) and other green products, has triggered fears it could disadvantage European Union companies and tempt businesses to relocate to the United States. […] The EU executive will ask countries if looser state aid rules known as the temporary crisis framework, adopted in March for businesses hit by the...
  • Trump’s cut to funding for Palestinian refugees could lead to disaster

    01/12/2018 2:15:43 AM PST · by Oshkalaboomboom · 46 replies
    The Guardian ^ | Jan 12, 2018 | Mick Dumper
    Having survived the recent cabinet reshuffle the international development secretary, Penny Mordaunt, is confronted with the biggest headache of her short ministerial career: the fallout of the US intention to cut funding to UNRWA, which constitutes one of the most serious challenges to UK policies in the Middle East. Donald Trump’s threat to cut financial assistance to the UN agency specifically responsible for Palestinian refugees will be a disaster not only for the refugees but also for Israel and neighbouring countries. It does not advance US interests either. Provoked by the Palestinian rejection of Trump’s decision to recognise Jerusalem as...
  • Gavin Newsom’s Dirty Energy Secret. ( California )

    09/09/2022 7:38:45 AM PDT · by george76 · 13 replies
    California ^ | Sept. 7, 2022 | The Editorial Board
    California’s electricity woes result from man-made climate policies, not from climate change.. ... Solar and wind power have rapidly expanded thanks to rich government subsidies along with the state’s renewables mandate. These have made it harder for baseload gas and nuclear generators that run around the clock to make money. Many have shut down, and the result is that the state often lacks sufficient power when the sun goes down. ... The state must therefore rely on imports from other states ... But these imports are becoming less dependable since California’s neighbors are also losing base-load generators owing to their...
  • Op-Ed: Pay Attention to What Biden and the IRS Are Conspiring On, Because It's Big

    06/11/2022 6:00:39 PM PDT · by Boomer · 14 replies
    TWJ ^ | June 11, 2022 | Jonathan Imbody
    Biden’s latest end-run around Congress turns a scandalously compliant IRS into a political tool. An executive order and presumed behind-the-scenes White House lobbying have convinced the supposedly apolitical tax agency to issue a statute-defying regulation that creates a new government health care subsidies affordability test. The White House boasts that the plan could reduce the number of uninsured by 200,000, but the Congressional Budget Office and health experts estimate the tiny change will cost taxpayers $225,000 per person.
  • Solar Power, Subsidies, and the Real World

    05/09/2022 4:47:59 PM PDT · by jfd1776 · 8 replies
    Illinois Review ^ | May 9, AD 2022 | John F Di Leo
    While budgets should have been getting tighter for years now, some states, at least, are finally awakening to the need to watch their spending. Well, better late than never, right? One example of this newfound awareness is the effort of some to reconsider our generous subsidies for solar panels, particularly the rooftop panels that one sees high atop single family homes across otherwise reasonable suburbs. Mississippi, Florida, and other states are in the news right now as they debate the question of rethinking the levels at which the taxpayer ought to subsidize the homeowner for this choice of dubious economic...
  • Tacoma Narrows Bridge tolls to drop 75 cents

    04/06/2022 4:09:30 AM PDT · by Tolerance Sucks Rocks · 26 replies
    Gig Harbor Now ^ | March 10, 2022 | Ed Friedrich
    Tacoma Narrows Bridge tolls will be reduced by 75 cents beginning in September, with the intent that they remain at that rate until the span is paid off in 10 years. The decrease is the result of Substitute Senate Bill 5488, which requires transfers of $3.25 million from the general fund to the toll bridge account each quarter until June 2032, for a total of $130 million. After the House changed the bill on Saturday, the Senate had to concur on Thursday, which sponsor Sen. Emily Randall, D-Bremerton, said it would. Rates — currently set at $5.25 with a Good...