Financial advisor and columnist Michele Cagan At the age of 60, I recently entered retirement after being a business owner. I’ve been securing health insurance through the marketplace since its inception. Currently, my income is derived solely from withdrawing money from my taxable portfolio, comprising reported dividends and capital gains totaling less than $60,000 annually. […]
Tag: subsidies
Child care subsidies funded by property taxes
With his 15-month-old daughter Tlameha in hand, Daniel Cox explained to a crowd of sympathetic onlookers that quality child care hasn’t just become prohibitively expensive — it’s also hard to find. His family landed on the waitlist at three different centers. In the meantime, “we are paying more than our mortgage for child care costs,” […]
GlobalFoundries: U.S. Awards $1.5 Billion From CHIPS Act; Big Intel Subsidies Soon?
The U.S. government on Monday said it will give GlobalFoundries (GFS) $1.5 billion as part of the U.S. CHIPS and Science Act to boost domestic chip manufacturing. That comes amid reports that the Biden administration could provide more than $10 billion in funding to Intel (INTC). X GlobalFoundries will use the funds to expand and […]
US considering more than $10 billion in subsidies for Intel
(Reuters) -The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp, Bloomberg News reported on Friday, citing people familiar with the matter. Negotiations are underway and Intel’s award package will likely include both loans and direct grants, according to the report. The U.S. Department of Commerce, which oversees […]
Indonesia’s Prabowo has made no decision on energy subsidies, says aide
By Ananda Teresia JAKARTA, Feb 16 (Reuters) – Indonesia’s Prabowo Subianto has made no decision on adjusting energy subsidies, a senior member of his team said on Friday, after media reported the likely new president would target subsidies as his first move upon assuming office in October. Prabowo has been advised to review costly fuel […]
Indonesia’s Next Leader Targets Energy Subsidies in First Move
(Bloomberg) — Prabowo Subianto, poised to become Indonesia’s next president, took aim at energy subsidies to fund some of his campaign pledges in his first policy proposal. Most Read from Bloomberg The ex-general, who on Wednesday claimed victory after securing nearly 60% of votes in unofficial quick counts, could also invite his rival candidates and […]
Ukraine will not abandon agricultural subsidies over negotiations with EU – official
Olha Stefanishyna, Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration, has stated that Ukraine will not abandon agricultural subsidies as part of the EU accession negotiations. Source: Stefanishyna in a comment ot European Pravda Details: Stefanishyna commented on a Reuters report citing a Ukrainian official who claimed that during the negotiations to join the […]
Ukraine at talks with EU may reject subsidies to soften Green Deal requirements
Ukraine is ready to consider the possibility of rejecting agrarian subsidies of the EU in exchange for mitigation of the requirements of the EU green deal during the EU accession talks. Source: an anonymous Ukrainian top official cited by Reuters, as reported by European Pravda Details: The integration of a huge Ukrainian agricultural sector into […]
New Albany’s data center boom leaves taxpayers footing unchecked subsidies
The arrival of artificial intelligence has brought with it a necessity to rapidly expand data center capacity. This rush is on full display in New Albany. Amazon, Google, Meta (Facebook), and other companies promised to spend over $15 billion on data center investments in the last year. But this growth has come with a hefty […]
Biden’s vow of affordable internet for all is threatened by the looming expiration of subsidies
President Joe Biden recently traveled to North Carolina to promote his goal of affordable internet access for all Americans, but the promise for 23 million families across the U.S. is on shaky ground. That’s because a subsidy that helps people with limited resources afford internet access is set to expire this spring. The Affordable Connectivity […]
Changes in Ukrainian housing subsidies – 2024
Recipients of a housing subsidy are now required to inform the Pension Fund of Ukraine (PFU) within 30 days about circumstances that might affect their eligibility for the subsidy, said the Main Department of the PFU in Donetsk Oblast on Facebook on Feb. 5. Such circumstances are defined in the Regulation on the Procedure for […]
US to announce billions in subsidies for advanced chips -WSJ
(Reuters) -President Joe Biden’s administration is expected to award billions of dollars in subsidies in coming weeks to top semiconductor companies including Intel and Taiwan Semiconductor Manufacturing Co to help build new factories in the U.S., the Wall Street Journal reported on Saturday. The forthcoming announcements aim to kick-start manufacturing of advanced semiconductors that power […]