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University of Pennsylvania’s Penn - 2 Biden’s - 2 Rishi Sunak - 1 – - 1 Joe Biden’s - 1 Jared Cohen - 1 Goldman Sachs - 1 Breakingviews - 1
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Search resuls for: "University of Pennsylvania’s Penn"


3 mentions found


☆ Green energy’s tailwinds blow the other way
  + stars: | 2023-09-22 | by ( Peter Thal Larsen | ) www.reuters.com   time to read: +7 min
Falling costs, cheap capital and supportive politicians helped propel a headlong rush into renewable power. As relations with China deteriorate, the United States and Europe are increasingly concerned about the country’s grip on parts of the green energy supply chain. In recent roundtable discussions moderated by Breakingviews on both sides of the Atlantic, participants expressed optimism about the momentum of investment in green energy. The IRA has unleashed a green energy boom. The world can ill afford to relax its embrace of green power.
Persons: Rishi Sunak, –, Joe Biden’s, Jared Cohen, Goldman Sachs, Breakingviews, carmaker Ford, Rishi Sunak’s, Pennsylvania’s Penn, George Hay, Sharon Lam, Aditya Sriwatsav Organizations: Britain's, Downing, Reuters, Global, International Energy Agency, International Renewable Energy Agency, Energy, Commission, Applied Innovation, Goldman, Amperex Technology, Companies, British, MIT’s Center for Energy, Environmental, Research, University, Pennsylvania’s, Thomson Locations: London, Ukraine, U.S, China, United States, Europe, People’s Republic, Vietnam, Mexico
☆ U.S. National Debt Tops $33 Trillion for First Time
  + stars: | 2023-09-18 | by ( Alan Rappeport | More About Alan Rappeport | ) www.nytimes.com   time to read: +1 min
But the debt is on track to top $50 trillion by the end of the decade, even after newly passed spending cuts are taken into account, as interest on the debt mounts and the cost of the nation’s social safety net programs keeps growing. But slowing the growth of the national debt continues to be daunting. Some federal spending programs that passed during the Biden administration are expected to be more costly than previously projected. At the same time, several of President Biden’s attempts to raise more revenue through tax changes have been met with resistance. The policy was projected to raise about $8 billion in additional tax revenue over a decade.
Persons: Biden, University of Pennsylvania’s Penn, Biden’s Organizations: University of Pennsylvania’s, Budget, Internal Revenue Service
☆ Analysis Says Biden’s New Student Debt Plan Could Cost $475 Billion
  + stars: | 2023-07-19 | by ( Stacy Cowley | More About Stacy Cowley | ) www.nytimes.com   time to read: +1 min
President Biden’s new repayment plan for federal student loans will cost the government $475 billion over the next decade, according to a new economic projection. The updated income-driven repayment plan would surpass the $400 billion cost of the debt forgiveness plan that the Supreme Court rejected last month. But a new and revised plan, which the administration has named Saving on a Valuable Education, or SAVE, is vastly more generous. That means the government, not borrowers, will ultimately pay a bigger share of the recipients’ educational costs. Economists for the University of Pennsylvania’s Penn Wharton Budget Model, a nonpartisan research group, estimate that payment reductions in the $1.6 trillion in outstanding federal student loans will cost the government $200 billion.
Persons: Biden’s, —, University of Pennsylvania’s Penn Organizations: Education Department, Valuable Education, University of Pennsylvania’s, Budget
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