The bottom-line impact for an anxious auto industry:tax credits of the Inflation Reduction Act which had been removed in an earlier House bill, HR 2811, are back on.
“Conservative Republicans and progressive Democrats have both been quick to voice concerns with certain aspects of the deal,”Treasury Secretary Janet Yellen revised her warning of federal debt default by four days, to June 5. That’s still very close.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: