Economy

Maine Governor Janet Mills Creates Task Force Dedicated to Investigating Artificial Intelligence

Maine Governor Janet Mills signed an executive order on Friday to create a task force dedicated to examining the opportunities and challenges posed by artificial intelligence (AI) for the state’s residents, economy, and institutions.

Montana and Wyoming Sue Biden Administration Over Plan to Halt Federal Coal Production

The attorneys general of Montana and Wyoming have filed a lawsuit against the Biden administration following its announcement to halt federal coal production in the Powder River Basin. The Basin, which covers 20,000 square miles in northeastern Wyoming and southeastern Montana, accounts for 85% of federal land-produced coal.

Biden Announces New Climate Goals Days Before Leaving Office

President Joe Biden announced new climate goals with only 31 days left in office.

U.S. Healthcare Spending Reaches $4.9 Trillion in 2023

Healthcare spending in the United States surged by 7.5% to $4.9 trillion in 2023, driven by increased medical service use and rising enrollment in private health plans, according to a report from the Centers for Medicare and Medicaid Services (CMS).

Biden Administration’s LNG Report Challenges Trump’s Export Plans

The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.

DeSantis Defends Immigration Policy as Florida’s Economy Grows

Florida Governor Ron DeSantis pushed back against "false media narratives" about illegal immigration, following a report highlighting the state's economic growth.

Washington State Weighs One Percent Wealth Tax

Washington Governor Jay Inslee (D) proposed a wealth tax designed to increase the state's revenue.

Department of Defense Funding Fungus Protein Alternative

The Pentagon is funding companies creating protein alternatives as part of its Distributed Bioindustrial Manufacturing Program (DBIMP).

Pennsylvania Creates Fund for Businesses in ‘Disadvantaged Communities’

Pennsylvania launched a fund for businesses in "historically disadvantaged" areas.

New York’s $600 Million Bills Stadium Deal Bad Investment for Taxpayers

A few years ago, the Buffalo Bills threatened to leave New York State unless a new stadium deal was secured. This kind of relocation bluff is common in the NFL, with only the Green Bay Packers standing out as a team with a municipally owned facility and a market too small to seriously consider relocation. Despite the ever-present threat of the Bills moving to a more lucrative market, Democrat Governor Kathy Hochul ultimately signed a deal providing $600 million in state funding for a new $2.1 billion stadium for the Bills, with Erie County contributing an additional $250 million. This was after team owner Terry Pegula threatened to move the franchise to Austin, Texas, where he would privately finance a stadium.

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