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Vice President Kamala Harris promotes Inflation Reduction Act

Published

2 years ago

October 13, 2022

U.S. Vice President Kamala Harris has spent the day promoting the Inflation Reduction Act.

President Joe Biden signed the $750 million health care, tax and climate bill into law last month. It’s all in a bid to reduce the cost of living for Americans.

However, despite its very name aiming to reduce inflation, many experts say the bill is having an opposite effect on the cost of living.

As the midterms approach, inflation is at an all time high right across America.

Vice President Kamala Harris has promised the administration’s bill will help.

“I am here to thank you all, for one, helping to inform all the work we’ve done so far but then to make it real,” she said.

“It’s not about sitting around here and patting ourselves on the back when a bill gets passed. It’s not just about a press conference, it’s about making sure that people feel it,” Harris added.

The bill falls short of what progressive Democrats and climate activists were hoping for. But regardless, it’s still the largest federal clean energy investment in the nation’s history.

It is aimed at boosting solar panel manufacturing and wind turbines, as well as providing tax credits for electric vehicles.

Meanwhile, the government is now able to negotiate prices of certain prescription drugs and enforces a 15 per cent corporations tax for those companies earning $1 billion or more.

“Life shouldn’t be too expensive for working people. People work hard,” Harris said.

The Vice President continued, adding “they should be able to afford to pay their bills and feed their children and take a vacation from time to time.”

Related Topics:Featured inflation Politics trending

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William Howard

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

News

Helicopter carrying Iran’s President Raisi crashes

Published

7 hours ago

May 20, 2024

Ahron Young

A helicopter carrying Iranian President Ebrahim Raisi and his foreign minister crashed on Sunday as it was crossing mountain terrain in heavy fog.

The official said the lives of Raisi and Foreign Minister Hossein Amirabdollahian were “at risk following the helicopter crash”, which happened on the way back from a visit to the border with Azerbaijan in Iran’s northwest.

“We are still hopeful but information coming from the crash site is very concerning,” the official told Reuters, speaking on condition of anonymity.

A helicopter carrying President Ebrahim Raisi takes off, May 19, 2024. Ali Hamed Haghdoust/IRNA/WANA via REUTERS

State TV quoted an official as saying at least one passenger and one crew member had been in contact with rescuers. It also said the helicopter had been found, though Iran’s Red Crescent denied this report.

Iranian Supreme Leader Ayatollah Ali Khamenei, who holds ultimate power with a final say on foreign policy and Iran’s nuclear programme, sought to reassure Iranians, saying there would be no disruption to state affairs. #iran #trending

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Why Australia is becoming the new home of the Hollywood blockbuster

Published

3 days ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

3 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending