The Biden administration is directing federal agencies to prioritize purchasing American-made iron and steel for infrastructure projects. A document released Monday from the Office of Management and Budget offers guidance on how to implement “made in America” requirements from the $1.2 trillion infrastructure plan signed into law in November. The law specifies that federal agencies…
New Document Outlines Biden’s Preference for US Steel and Iron in Infrastructure Projects
Mercedes-Benz Completes 1,000 Km Electric Drive on Energy-Efficient Design
BERLIN—Mercedes-Benz aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles), its chief technology officer (CTO) said on Thursday, a third more efficient than the current average for electric cars. Speaking as the carmaker celebrated the successful test drive of its EQXX prototype vehicle over more…
Biden’s $5.8 Trillion Proposed Spending Plan Calls on Congress to Fill in the Blanks
March 29, 2022
admin
biden administrationBiden administration's climate agendaBiden infrastructure packagebudget deficitBuild Back BetterDefense spendingdeficit spendingeconomyFY2023inflationinfrastructureNational SecurityPolicies & ImpactsPoliticsSocial IssuesUnited States federal budgetUSUS News
0 Comment
President Joe Biden’s proposed United States’ federal $5.8 trillion Fiscal Year 2023 budget increases overall domestic spending by 7 percent, boosts military allocations by 10 percent and includes a raft of new tax levies for high-income earning individuals while raising the corporate income tax from 21 percent to 28 percent. The 149-page proposed budget introduced…
Biden Admin Announces Plan for Domestic Refining of Critical Tech Minerals
The Biden administration has announced a domestic plan for processing and refining minerals that are critical to modern technologies. It comes as part of an effort to reduce the United States’ dependence on China, according to a White House release on Feb. 22. The plan includes a $35 million award from the Department of Defense…
Biden Admin Announces Plan for Domestic Refining of Critical Tech Minerals To Reduce Dependence on China
The Biden administration has announced a domestic plan for processing and refining minerals that are critical to modern technologies. It comes as part of an effort to reduce the United States’ dependence on China, according to a White House release on Feb. 22. The plan includes a $35 million award from the Department of Defense…
How the Wealthiest City of Silicon Valley Struggles to Provide Basic Services | David Nettemeyer
San Jose may be one of the wealthiest cities in the country, but it has been dealing with a number of challenges. One major concern for the residents is the lack of investment into city infrastructure like roads, housing, water, and energy. My guest is David Nettemeyer, ex-San Jose resident and executive of Valin Corporation….
FactSet Q1 Earnings Top Consensus; Reaffirms FY22 Outlook
FactSet Research Systems Inc reported first-quarter FY22 revenue growth of 9.4 percent year-on-year to $424.7 million, beating the consensus of $419.1 million. Higher sales of analytics and research and advisory solutions drove the growth. Organic revenues grew 9.1 percent Y/Y to $423.2 million. Annual Subscription Value (ASV) plus professional services were $1.7 billion on November 30, 2021, compared…
US to Award $2.89 Billion to Airports Under Infrastructure Law
December 17, 2021
admin
administrationAirportsbidenBusiness & EconomyBusinesses in COVID-19CompanieseconomyExecutive BranchIllinoisinfrastructureLocal NewsNorthern CaliforniaPoliticsRegional-Local NewsSouthern CaliforniaUSUS News
0 Comment
WASHINGTON—The U.S. Federal Aviation Administration said Thursday it will award $2.89 billion to 3,075 airports under a new $1 trillion infrastructure bill signed into law last month. Airports can use funds for runways, taxiways, safety, terminal, airport-transit connections, and roadway projects. The infrastructure law provides $15 billion over five years and the FAA estimates there…
Canada’s Infrastructure: The Need for More Focus
Commentary Infrastructure is a topic that’s always in vogue for a good discussion it seems. And that’s been the case for a long time. I remember discussing it at length at first ministers’ conferences back in the 1980s. It’s great fodder for people like me who like to write about public policy. Infrastructure is variously…
EU Launches $340 Billion ‘Global Gateway’ Program to Counter China’s Belt and Road
December 1, 2021
admin
Asia & PacificBelt and RoadBusiness & EconomyeconomyEuropeGlobal GatewayinfrastructureInvestmentWorld
0 Comment
The European Union has rolled out a plan to invest hundreds of billions of dollars in global infrastructure projects under the “Global Gateway” program, seen as a counter to China’s controversial Belt and Road Initiative (BRI) that has been criticized as a vehicle for expanding Beijing’s influence around the world. The European Commission (EC), the…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`