Category: National News

Biden Administration’s Energy Standards for Water Heaters Could Increase Costs by $450, Sparking Debate

The Biden Administration’s new energy efficiency standards for gas-powered tankless water heaters aim to reduce carbon emissions but have sparked criticism over high costs and reduced consumer choice. Critics argue the rules will raise appliance prices, force expensive home retrofits, and disproportionately burden low-income households and seniors. Proponents highlight the environmental benefits, but opponents warn of economic and practical challenges, including impacts on small manufacturers and grid stability.

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The US Is Now on Track for a $3.5 Trillion Deficit in 2025

The U.S. government’s deficit has reached unprecedented levels, with $1.25 trillion in spending during the first two months of the 2025 fiscal year alone (The federal fiscal year begins on October 1 and ends on September 30 of the following year). Rising deficits, driven by record spending and interest payments, are forcing higher interest rates, compounding debt burdens, and fueling persistent price inflation. Without meaningful budget cuts—an increasingly unpopular option—these economic pressures are set to intensify, impacting consumers and taxpayers alike.

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