INSIDER
White House says prescription drug deals will produce billions in savings for taxpayers, seniors
Read full article: White House says prescription drug deals will produce billions in savings for taxpayers, seniorsTaxpayers are expected to save billions after the Biden administration inked deals with pharmaceutical companies to knock down the list prices for 10 of Medicare’s costliest drugs.
IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new funding
Read full article: IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new fundingThe IRS says it expects to collect hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated using funding provided to the agency by the Democrats’ Inflation Reduction Act.
Business group estimates several hundred thousand clean energy jobs in EV, battery storage and solar
Read full article: Business group estimates several hundred thousand clean energy jobs in EV, battery storage and solarA business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022.
US tax breaks lure European clean tech companies as EU lags
Read full article: US tax breaks lure European clean tech companies as EU lagsNorwegian battery startup Freyr is planning its next factory in an Atlanta suburb because a new U.S. clean energy law offers generous tax credits for local production.
She’s 99. He’s 100. Louisiana’s longest married couple, Margery and Ira Milan, celebrate 81 years of marriage
Read full article: She’s 99. He’s 100. Louisiana’s longest married couple, Margery and Ira Milan, celebrate 81 years of marriageMargery and Ira Milan married in January of 1942. Eighty-one years later, they’re still together — she at 99 years of age, and he at 100. During a ceremony on Valentine’s Day, Louisiana recognized the longevity of their love by naming the Milans the longest married couple in the state.
Racial tensions roiling US pose target for election meddling
Read full article: Racial tensions roiling US pose target for election meddlingThe goal, part of the Russian playbook for decades, was to sow chaos by posting content on both sides of the racial divide. Indeed, no single group of Americans was targeted by IRA information operatives more than African-Americans, concluded a report from the Senate intelligence committee. They fear the Trump administration's decision to limit what it tells Congress and by extension the American people about election threats will allow the propaganda to spread. The intelligence statement did not offer specifics about what tactics Russia is using, but the past provides important clues. What people need to be looking for is stuff that is seemingly trying to get a rise out of them, Jankowicz said.
Why 2020 may be the best year to borrow from your retirement
Read full article: Why 2020 may be the best year to borrow from your retirementHouston – With so many people unemployed, many are considering pulling money out of retirement plans to pay bills. Why 2020 is the best year to borrow from retirement plansThe federal CARES Act includes provisions that make it easier and less punitive for people who have been impacted by COVID-19 to take money out of their IRAs, 401ks and other qualified plans. Until the end of 2020, you can withdraw up to $100,000 from a qualified retirement account with no 10% penalty. Proceed with CautionDon’t think of this as a free pass to use your retirement money if your income has not been impacted by COVID-19. If you can’t provide that, you will likely have to pay the taxes and penalty on the money you took out.