Rental assistance fell victim to politics, bureaucracy
NEW YORK (AP) â A rental crisis spurred by the pandemic prompted many states to make bold promises to help renters, but most failed to deliver on them after Congress passed the sweeping CARES Act in March 2020. A handful of states, many led by Republicans, offered little to no assistance. State leaders set aside at least $2.6 billion from the CARES Actâs Coronavirus Relief Fund in 2020 to prop up struggling renters, but more than $425 million of that â or 16% â never made it into the pockets of tenants or their landlords, according to an investigation by the Center for Public Integrity and The Associated Press. A federal eviction moratorium, which was set to expire June 30, has been extended to July 31. It is threatening millions with losing their homes.
Supreme Court won t sidetrack plans for natural gas pipeline
Associated Press
Spanish
WASHINGTON (June 29, 2021) The Supreme Court dealt a blow to New Jersey and other states seeking a way to oppose pipelines running through their land, siding with a pipeline company Tuesday in a dispute over New Jersey land needed for a natural gas pipeline.
Both liberal and conservative justices joined to rule 5-4 for the PennEast Pipeline Co. The ruling says that companies building interstate pipelines, once their projects have been given the greenlight by the Federal Energy Regulatory Commission, can obtain the land they need even in the face of state opposition.
In most portions of the U.S. economy, market competition puts downward pressure on prices, increases investment in innovation, and provides consumers a variety of options of purchases. The benefits of competition are obvious when Americans can shop around for automobiles at car dealerships or when walking the aisles of the supermarket. Competition in energy markets may not be as recognizable as cars or groceries, but Americans should know many of our country’s energy markets have been at the forefront of competition liberalization since the 1990s. As a result, monthly electric rates are lower or stagnant while consumers enjoy more options of energy piped into their homes.
Tech stocks bring gains…Government wants crash reports
NEW YORK (AP) Technology companies have pushed the broader market moderately higher, while a report showed solid growth in consumer confidence. Major banks announced plans to return billions more to their shareholders in the form of dividends and stock buybacks. Homebuilders made gains following a report on surging home prices. With two trading days left in June, the market is getting ready to close out a strong first half of the year as the economy emerges from its pandemic-induced recession.
DETROIT (AP) The U.S. government’s highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems. The move by the National Highway Traffic Safety Administration indicates the agency is taking a tougher stance on automated vehicle safety than in the past. It’s been reluctant to issue any regulations of the new technology for fear of hampering a
Budget trailer bills misused for renewable energy squabble calmatters.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calmatters.org Daily Mail and Mail on Sunday newspapers.