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In one of the few major developments not trailed before the energy bill was finally published today, producers of steel, cement and chemicals will be among a string of electricity-intensive companies who will not be asked to contribute to the cost of a key subsidy designed to encourage investment in nuclear, wind, solar and other forms of renewable energy.
As Congress dithers for the umpteenth time over extending a key subsidy for wind energy, the industry once again is up in the air.
In fact, on Wednesday, Trump said in a Wall Street Journal interview that insurers might end up losing a key subsidy they now receive unless Democrats sit down with him to negotiate over repeal.
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The riot police took the law into their own hands, and the government cancelled key subsidies, leading to deprivation.
In a blistering dissent to the US supreme court's landmark decision on Thursday to uphold key subsidies under Barack Obama's healthcare reform legislation, the conservative justice expressed his contempt for his colleagues' legal reasoning.
Two key subsidies for ethanol fuel -- a tax credit for domestic ethanol and a tariff on imports -- came to an end at the close of 2011 after a three-decade, $20 billion run, a casualty of budget woes and an unusual alliance of fiscal conservatives and liberal environmentalists.
The US provided more than $20bn a year in national subsidies alone and, in Alaska, a key production subsidy is set to pay out $442m more of taxpayers' money than it will raise in 2015 and 2016.
The "key worker" subsidy may have done more harm than good.
Josh Dawsey, Jennifer Haberkorn and Paul Demko: "President Donald Trump has told advisers he wants to end payments of key Obamacare subsidies, a move that could send the health law's insurance markets into a tailspin, according to several sources familiar with the conversations….
WHITE HOUSE STILL THREATENING TO RUIN THE HEALTH INSURANCE MARKET - Negassi Tesfamichael and Paul Demko: "The White House isn't backing down from threats to cut off key Obamacare subsidies, which could potentially send health insurance markets into chaos….
Since the number of personnel is a key consideration in the subsidy scheme, compared to the total government subsidy, GS more accurately reflects the standard of government subsidy for this study.
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