Trump, executive order and drug prices
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When US President Donald Trump took office, he hit pause on wind energy projects. Then came the trade war, and tariffs made key components more expensive. Where does that leave the American clean energy sector?
The premier event for global climate action, DC Climate Week was held with more than 125 activities, including Policy and Advocacy Day.
US House Republicans plan to help pay for an extension of President Donald Trump’s massive tax cuts by clawing back unused funds from scores of programs and grants in his predecessor’s signature climate law.
U.S. House lawmakers laid out plans on Monday to phase out clean energy tax credits, slash spending on electric vehicles and renewable energy, and claw back other climate-related funds as part of the Republicans' attempt to pass a multi-trillion-dollar budget in line with President Donald Trump's agenda.
The Inflation Reduction Act (IRA) has been a catalyst for clean energy investments, but now faces challenges as the GOP seeks to weaken its tax credits and subsidies. This
Crucially, Republicans, who control both chambers of Congress, will be able to utilize a rule known as "reconciliation", which allows for a 60-vote filibuster threshold to be bypassed. This would mean that the GOP could pass Trump’s bill without support from Democrats.
The president will sign an executive order next week he promises will reduce prescription drug prices by up to 80 percent “almost immediately,” Donald Trump announced on Sunday on Truth Social.
The weekend deal adds to the sense that President Donald Trump may be backing off some of the more stringent trade tariffs.
President Donald Trump signed a sweeping executive order Monday giving drugmakers 30 days to cut the cost of prescription drugs or face new limits over what the government will pay. The order accuses drug manufacturers of engaging in a “purposeful scheme” in which they deeply discount their prices to gain access to foreign markets and subsidize that decrease through higher prices