Schiff's first Senate bill proposes tax credits to prevent fires, disasters

Schiff's first Senate bill proposes tax credits to prevent fires, disasters

Adam Schiff (D-Calif.) joined a Republican colleague in the first bill in the U.S. Senate to propose federal tax credits for certain homeowners who renovate and strengthen their homes against wildfires and other natural disasters. Schiff introduced the measure together with freshman Senator Tim Sheehy (R-Mont.), founder of the U.S. Navy SEAL, air firefighting company…

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Elon Musk

Elon Musk

The billionaire announced Friday that Elon Musk has sold social media site X to his own XAI artificial intelligence company for a full-share deal of $33 billion. Both companies are privately held, meaning they do not need to disclose their financial status to the public. Musk said in an article on X that the move…

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