It’s Tuesday.
As of 6:10 a.m. CA., time there are 4 Days 17 hours and 49 minutes to go before the New Year.
President Biden’s public schedule for Tuesday 12/27/2022:
| 9:30 AM | The President receives the Presidential Daily Briefing Closed Press |
| 10:00 AM | In-Town Pool Call Time In-Town Pool |
| 2:30 PM | Out-of-Town Pool Call Time Joint Base Andrews Overhang Out-of-Town Pool |
| 4:10 PM | The President and The First Lady depart the White House en route Joint Base Andrews South Lawn Open Press |
| 4:20 PM | The President and The First Lady arrive at Joint Base Andrews Joint Base Andrews Out-of-Town Pool |
| 4:30 PM | The President and The First Lady depart Joint Base Andrews en route St. Croix, United States Virgin Islands Joint Base Andrews Out-of-Town Pool |
| 7:50 PM | The President and The First Lady arrive in St. Croix, United States Virgin Islands Open Press |
President Biden has tweeted…
He has not tweeted so far for Tuesday.
When the post was posted for Monday, President Biden had tweeted 2 times. He added 4 tweets giving him a Monday Tweeting Total of 6 tweets and 0 retweets.
He’s referring to the Inflation Reduction Act.
On 08/15/2022, the day before President Biden signed the Inflation Reduction Act into law, the White House posted the following fact-sheet; By the Numbers:
The Inflation Reduction Act will lower costs for families, combat the climate crisis, reduce the deficit, and finally ask the largest corporations to pay their fair share. President Biden and Congressional Democrats have worked together to deliver a historic legislative achievement that defeats special interests, delivers for American families, and grows the economy from the bottom up and middle out.
Here’s how the Inflation Reduction Act impacts Americans by the numbers:
White House.gov. 08/15/2022.
HEALTH CARE
Cutting Prescription Drug Cost
- Today, Americans pay two to three times what citizens of other countries pay for prescription drugs
- 5-7 million Medicare beneficiaries could see their prescription drug costs go down because of the provision allowing Medicare to negotiate prescription drug costs.
- 50 million Americans with Medicare Part D will have the peace of mind knowing their costs at the pharmacy are capped at $2,000 per year, directly benefiting about 1.4 million beneficiaries each year.
- 3.3 million Medicare beneficiaries with diabetes will benefit from a guarantee that their insulin costs are capped at $35 for a month’s supply.
Lowering Health Care Costs
- 13 million Americans will continue to save an average of $800 per year on health insurance premiums
- 3 million more Americans will have health insurance than without the law.
- The uninsured rate is at an all-time low of 8%, which the historic law will build on.
Defeating Special Interests
- $187 million: The amount the Pharmaceutical industry has spent on lobbying in 2022.
- 1,600: number of lobbyists the pharmaceutical companies had in 2021 – three times the number of Members of Congress
- 33 years: the amount of time Congressional Democrats have been trying to lower prescription drug costs by allowing Medicare to negotiate drug prices.
- 19 years: number of years Medicare has been blocked from negotiating prescription drug costs
CLEAN ENERGY
Lowering Energy Costs
- Families that take advantage of clean energy and electric vehicle tax credits will save more than $1,000 per year.
- $14,000 in direct consumer rebates for families to buy heat pumps or other energy efficient home appliances, saving families at least $350 per year.
- 7.5 million more families will be able install solar on their roofs with a 30% tax credit, saving families $9,000 over the life of the system or at least $300 per year.
- Up to $7,500 in tax credits for new electric vehicles and $4,000 for used electric vehicles, helping families save $950 per year.
- Putting America on track to meet President Biden’s climate goals, which will save every family an average of $500 per year on their energy costs.
Building a Clean Energy Economy
- Power homes, businesses, and communities with much more clean energy by 2030, including:
- 950 million solar panels
- 120,000 wind turbines
- 2,300 grid-scale battery plants
- Advance cost-saving clean energy projects at rural electric cooperatives serving 42 million people.
- Strengthen climate resilience and protect nearly 2 million acres of national forests.
- Creating millions of good-paying jobs making clean energy in America.
Reducing Harmful Pollution
- Reduce greenhouse gas emissions by about 1 gigaton in 2030, or a billion metric tons – 10 times more climate impact than any other single piece of legislation ever enacted.
- Deploy clean energy and reduce particle pollution from fossil fuels to avoid up to 3,900 premature deaths and up to 100,000 asthma attacks annually by 2030.
TAXES
Making the Tax Code Fairer
- $0: how much some of largest, profitable corporations pay in federal income tax.
- 55: the number of America’s largest, wealthiest corporations that got away without paying a cent in federal income taxes in 2020.
- $160 billon: how much the top 1 percent of earners is estimated to evade each year in taxes.
- 15%: the minimum tax on corporate profits the Inflation Reduction Act imposes on the largest, most profitable corporations.
- $124 billion: savings over 10 years the Inflation Reduction Act will generate from collecting taxes already owed by wealthy people and large corporations, according to the Congressional Budget Office.
- And no family making less than $400,000 will see their taxes go up a penny.
Reducing the Deficit
- The Inflation Act will achieve hundreds of billions in deficit reduction.
- The deficit is projected to fall by more than $1.5 trillion this year after falling by more than $350 billion last year.
- 126 leading economists – including 7 Nobel Laureates, 2 former Treasury Secretaries, 2 former Fed Vice Chairs and 2 former CEA Chairs – have said reducing the deficit will help fight inflation and support strong, stable economic growth.
NBC News said:
From the article:
The deadly blizzard that has killed at least 57 people across the United States was still producing “extremely heavy snow” on Tuesday, the National Weather Service said.
Wind gusts of 20 to 30 mph could rapidly deteriorate visibility, it said in a 5:45 a.m. ET bulletin, adding that parts of storm-weary New York were experiencing snowfall of 1 to 2 inches per hour.
[snip]
The blinding snowstorm particularly targeted Erie County, New York, which accounted for almost half the death toll at 27, including 18 in Buffalo.
A snow blanket has left roads impassable, Buffalo County Executive Mark Poloncarz said in a news conference Monday, adding that he hoped a driving ban that has been in place for days could be lifted soon for some suburbs.
But forecasters said in a 3:15 a.m. ET bulletin Tuesday that parts of western New York could record as much as 8 more inches of snow, with up to 5 inches in Buffalo. Since July 1, Buffalo has experienced at least a hundred inches of snow, making it the snowiest start to any season on record.
NBC News. 12/27/2022.
The White House posted a readout of President Biden’s call with New York Governor Kathy Hochul (D).
President Joseph R. Biden, Jr. called Governor Kathy Hochul to offer the full force of the Federal government in support of the people of New York as the state grapples with the impacts of a historic winter storm. The President shared that his and the First Lady’s prayers are with the people of New York and all those who lost loved ones. He expressed his gratitude to the Governor for her leadership and to the National Guard, law enforcement, and first responders for their tireless work. The President relayed that he has directed his team to respond immediately to any request the Governor makes for Federal assistance.
White House.gov. 12/26/2022.
President Biden approved an emergency declaration for New York:
Today, President Joseph R. Biden, Jr. declared that an emergency exists in the State of New York and ordered Federal assistance to supplement State and local response efforts due to the emergency conditions resulting from a severe winter storm beginning on December 23, 2022, and continuing.
White House.gov. 12/26/2022.
The President’s action authorizes the Department of Homeland Security, Federal Emergency Management Agency (FEMA), to coordinate all disaster relief efforts which have the purpose of alleviating the hardship and suffering caused by the emergency on the local population, and to provide appropriate assistance for required emergency measures, authorized under Title V of the Stafford Act, to save lives and to protect property and public health and safety, and to lessen or avert the threat of a catastrophe in the counties of Erie and Genesee.
Specifically, FEMA is authorized to identify, mobilize, and provide at its discretion, equipment and resources necessary to alleviate the impacts of the emergency. Emergency protective measures (Category B), including direct Federal assistance, under the Public Assistance program will be provided at 75 percent Federal funding.
Deanne Criswell, Administrator, Federal Emergency Management Agency (FEMA), Department of Homeland Security, named Lai Sun Yee as the Federal Coordinating Officer for Federal recovery operations in the affected areas.
FOR FURTHER INFORMATION MEDIA SHOULD CONTACT THE FEMA NEWS DESK AT (202) 646-3272 OR FEMA-NEWS-DESK@FEMA.DHS.GOV.
The map represents companies investing money into U.S., manufacturing.
Side-bar: I knew we had seen the map before.
10/27/2022:
President Biden shared the map as video snip…
This is an Open Thread.
