The Energy Department on Thursday unveiled $1.7 billion for retooling 11 auto factories to make electric vehicles and their components, with a focus on facilities that have shuttered or could close without federal help.

The Biden administration on Thursday awarded $1.7 billion to convert nearly a dozen shuttered or at-risk automobile plants into factories that can make electric vehicles and their parts.

The grants will assist 11 plants across eight states — Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia — and are designed to support “good-paying union jobs” while helping the U.S. compete with foreign players in the EV market, according to the Department of Energy.

The federal government is providing $1.7 billion in grants to help revitalize 11 shuttered or at-risk auto manufacturing and assembly facilities — including two in Michigan, the White House and Department of Energy said early Thursday.

The grants will go to projects across eight states — Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland and Virginia. Collectively, according to the Biden administration, the projects could result in the creation of 2,900 new jobs and the retention of 15,000 current ones.

Social media users hammered Vice President Kamala Harris on Friday after saying the Inflation Reduction Act is dropping "trillions of dollars" on American streets.

Harris' critics argued it was ironic that the legislation she pointed to was intended to boost the economy and alleviate inflation by having the government spending exorbitant amounts of money.

"Has there ever been a more ironic sentence?" journalist and Grabien.com founder Tom Elliott asked Thursday in response to Harris' remark about the 2022 law.

One of the most generous tax credits in Biden’s landmark climate bill, the Inflation Reduction Act, is the production tax credit for making hydrogen, which is worth as much as $100 billion.

When hydrogen is used in a fuel cell to generate electricity, water is the only by-product. Generating energy from hydrogen this way does not create carbon dioxide, one of the primary greenhouse gases that causes global warming. Also, hydrogen is a vehicle for storing energy over long periods of time.

The Biden administration on Tuesday selected 10 drugs that will be part of a historic first round of price negotiation through Medicare, including the blood thinner Xarelto and Type-2 diabetes drugs Jardiance and Januvia.

Other drugs on the list treat conditions such as arthritis, heart disease, cancer and autoimmune diseases.

The Centers for Medicare and Medicaid Services (CMS) early Tuesday announced the first 10 drugs chosen for Medicare price negotiation under the Inflation Reduction Act (IRA).

These single-source drugs were chosen based on their eligibility under the IRA and are the “highest total Part D gross covered prescription drug costs” under Medicare Part D, according to the CMS. In total, these medications account for $50.5 billion in total gross Part D costs.

The federal government just identified the first 10 medications that will be subject to direct price negotiations with manufacturers, as part of a major new initiative to reduce prescription drug costs in Medicare.

The list includes a pair of widely used blood thinners, Eliquis and Xarelto, as well as the cancer therapy Imbruvica. It also includes Farxiga, Jardiance and Januvia, all of which treat diabetes.

When President Joe Biden passed the Inflation Reduction Act a year ago, Adrien Salazar was skeptical.

The landmark climate bill includes $60bn for environmental justice investments – money he had fought for, as policy director for the leading US climate advocacy coalition Grassroots Global Justice Alliance (GGJA).