Court blocks FCC from cutting broadband subsidies in tribal lands

The FCC has hit a snag in its plan to curb broadband subsidies for low-income homes. A DC appeals court has issued a stay order temporary blocking the regulator from limiting the $ 25 monthly Lifeline subsidy in tribal lands, arguing that native groups and small carriers are likely to win their case opposing the […]

Ontario kills EV subsidies to reduce gas prices

Last month, Ontario elected a new provincial government; Doug Ford’s Conservative Party, which has already begun enacting its key policies. That includes an immediate end to an electric and hydrogen vehicle subsidy, as well as incentive programs for EV chargers. The aim? To gut a cap-and-trade program that was designed to encourage folks to ditch […]

A WTO ruling on aircraft subsidies raises the risk of a tariff war

THE manufacture of airliners may be the world’s most globalised industry. Only two firms make big civil jets: Boeing of America and Airbus of Europe. Most of their revenues—55% for Boeing and 70% for Airbus—are earned outside their home territory. Both source parts from dozens of countries. But a ruling by the World Trade Organisation […]

Trump declares war on Amazon for taking billions of dollars in subsidies from the Post Office — and it sets an ominous precedent for HQ2

Sara D. Davis / Stringer / Getty Images President Donald Trump tweeted on Friday that the US Postal Service is undercharging Amazon, making the “Post Office dumber and poorer.” Amazon’s deal with the USPS allows it to pay less to deliver packages than it would with other delivery services.  The backlash against Amazon could signal […]

Germany removes Tesla from EV subsidies list as too pricey

BERLIN — A German government agency has removed Tesla from the list of electric cars eligible for subsidies, sparking a row with the U.S. company over whether its Model S is too expensive to qualify for the scheme. Tesla customers cannot order the Model S base version without extra features that pushed the car above […]

America’s Republicans take aim at mortgage subsidies

IN THE 1980s Margaret Thatcher and Ronald Reagan were both proud of their efforts to expand home ownership. In Britain, Thatcher presided over a fire sale of state-owned homes to tenants. In America, Reagan deregulated financial markets and expanded mortgage lending. At the time both countries provided generous mortgage-related tax breaks, making it easier to […]

Senators reach bipartisan deal on healthcare subsidies blocked by Trump

Published time: 17 Oct, 2017 20:39 Edited time: 17 Oct, 2017 20:39 Republicans and Democrats in the health committee of the US Senate appear to have reached an agreement on a plan to extend federal payments to health insurers that President Donald Trump had blocked. Trump said he supported the plan. The plan agreed to […]

18 states sue to block Trump’s cut to Obamacare subsidies

AP WASHINGTON/SAN FRANCISCO (Reuters) – Eighteen U.S. states sued President Donald Trump’s administration on Friday to stop him from scrapping a key component of Obamacare, subsidies to insurers that help millions of low-income people pay medical expenses, even as Trump invited Democratic leaders to negotiate a deal. One day after his administration announced plans to […]

Trump ends Obamacare subsidies that ‘cannot lawfully’ be paid

Published time: 13 Oct, 2017 03:20 Cost-sharing reduction payments to insurance companies under the Affordable Care Act will no longer continue, the Trump administration has announced. The White House cited federal court decisions finding no appropriation was ever lawfully enacted. “Based on guidance from the Department of Justice,” a White House statement released Thursday night […]