President Joe Biden will announce $7.3 billion in spending for clean energy in rural Wisconsin on Thursday as part of its investments created by the Inflation Reduction Act.

Funding for the project comes from the Democrats’ Inflation Reduction Act, signed into law in August 2022 and passed in Congress along party lines.

President Joe Biden will travel to Wisconsin on Thursday to announce $7.3 billion in federal clean energy spending in rural communities across the country. The Biden administration is calling it the “largest investment in rural electrification” since President Franklin D.

The order arrives days after 7 Republican-led states sued to block the Biden administration from advancing a plan to forgive the interest on the federal student loans of 25 million Americans.

U.S. President Joe Biden speaks about his plans for continued student debt relief after a U.S. Supreme Court decision blocking his plan to cancel $430 billion in student loan debt, at the White House in Washington,

Key Takeaways A federal judge has temporarily blocked President Biden's latest program to forgive student loan debts.The latest legal setback for the Biden administration means an uncertain future for the 30 million borrowers who stand to benefit from the program.

Democratic presidential nominee Kamala Harris on Wednesday backed a lower top tax rate for capital gains than President Joe Biden has proposed, with the move coming after her campaign previously had signaled agreement with Biden’s stance.

Vice President Kamala Harris wants to tax long term capital gains at 28% for wealthy Americans, calling for a top rate that's more than ten points lower than what President Biden has proposed. Why it matters: Harris's new capital gains policy marks her clearest break yet with Biden as she flushes out her policy positions as the Democrats' presidential nominee.