A proposed tax credit to help protect homes from natural disasters
Update: 2025-04-16
Description
From wildfires in California to more recent flooding in the Midwest and South, the toll of recovering from natural disasters can be staggering. Sen. Tim Sheehy, a Republican from Montana, and Sen. Adam Schiff, a Democrat from California, have an idea: a tax credit to harden homes against natural disasters. We'll hear more. But first: why chipmaker stock prices are down and how Beijing is preparing for tougher trade relations with the U.S.
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