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Authorization by Congress of a new heavy icebreaker seen as a boost for winter shipping on Great Lakes

Authorization by Congress of a new heavy icebreaker seen as a boost for winter shipping on Great Lakes

Posted by | Jan 17, 2023

Congressional lawmakers have authorized another heavy icebreaker on the Great Lakes as part of the $858 billion defense bill to be approved by President Joe Biden. Wisconsin lawmakers, including Democratic U.S. Senator Tammy Baldwin and Republican U.S. Representative Mike Gallagher, said the authorization of a $350 million heavy icebreaker is vital after thick ice cover in the last decade has cost billions of dollars in shipping delays. They say authorization is a key step toward securing money for a new U.S. Coast Guard cutter to keep commerce moving. “In the cold winter months, icebreaking helps keep the economies and...

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Martin Luther King Jr. holiday features tributes, commitments, and memorials to elevate race equity

Martin Luther King Jr. holiday features tributes, commitments, and memorials to elevate race equity

Posted by | Jan 16, 2023

Annual tributes and commemorations of the life and legacy of the Rev. Martin Luther King Jr., begin nationwide for 2023 on January 13, with a typical mix of politics, faith, and community service. For this year’s celebration, the 37th since its federal recognition in 1986, a descendant of King hoped to spur progress by helping more Americans personalize the ongoing struggle for racial equity and harmony. Bernice King, daughter of the late civil rights icon, said people must move beyond platitudes and deepen their own commitments to the needed progress. “We need to change our thinking,” said King, who...

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BLM foundation launches student solidarity fund to provide college aid as loan forgiveness stalls

BLM foundation launches student solidarity fund to provide college aid as loan forgiveness stalls

Posted by | Jan 16, 2023

The Black Lives Matter Global Network Foundation launched a new relief fund December 12 aimed at Black college students, alumni and dropouts overburdened by mounting education costs and the student loan debt crisis. The foundation said it set aside $500,000 for the fund and plans to award more than 500 recipients with relief payments ranging from $750 to $4,500. A public application process for the fund opened on December 12, and recipients will receive their money in January if selected. Details about the fund were shared with The Associated Press ahead of the launch. The BLM foundation’s Student Solidarity...

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Many Americans will qualify for a 2023 tax credit of up to $7,500 for buying an electric vehicle

Many Americans will qualify for a 2023 tax credit of up to $7,500 for buying an electric vehicle

Posted by | Jan 15, 2023

From January 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions. But a complex web of requirements, including where vehicles and batteries must be manufactured to qualify, is casting doubt on whether anyone can receive the full $7,500 credit next year. For at least the first two months of 2023, though, a delay in the Treasury Department’s rules for the new benefit will likely make the full credit temporarily...

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U.S. Postal Service pledges transition to a nationwide all-electric delivery fleet beginning in 2026

U.S. Postal Service pledges transition to a nationwide all-electric delivery fleet beginning in 2026

Posted by | Jan 14, 2023

In a major boost for President Joe Biden’s pledge to eliminate gas-powered vehicles from the sprawling federal fleet, the Postal Service said it will sharply increase the number of electric-powered delivery trucks, and will go all-electric for new purchases starting in 2026. In a statement by scandal-plagued Postmaster General Louis DeJoy, the post office said it is spending nearly $10 billion to electrify its aging fleet, including installing a modern charging infrastructure at hundreds of postal facilities nationwide and purchasing at least 66,000 electric delivery trucks in the next five years. The spending includes $3 billion in funding approved...

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Next political fight around the corner as Federal spending approaches debt ceiling

Next political fight around the corner as Federal spending approaches debt ceiling

Posted by | Jan 13, 2023

The federal government is on track to max out on its $31.4 trillion borrowing authority as soon as this month, starting the clock on an expected standoff between President Joe Biden and the new House Republican majority that will test both parties’ ability to navigate a divided Washington, with the fragile global economy at stake. Once the government bumps up against the cap — it could happen any time in the next few weeks or longer — the Treasury Department will be unable to issue new debt without congressional action. The department plans to deploy what are known as...

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