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Hong Kong Classic Mile – First Entry Horses – Horse Racing News – Hong Kong Jockey Club

by David Thompson - Sports Editor

香港經典一哩賽
THE HONG KONG​ CLASSIC MILE
四歲馬經典賽事系列港幣$13,000,000
(4-Y-O CLASSIC SERIES – HK$13,000,000)
一六○○米 – 沙田 – 草地跑道 – 二○二六年二月日(星期日)
1600 Metres Sha Tin Turf – Sunday 1 February 2026
(只限四歲馬匹參賽)
(For 4 year olds only)
優先出賽馬匹名單
Priority to Start

烙印編號 Brand No

Horse

馬名

Trainer

練馬師

評分
Ratings *

L035

PUBLIC ATTENTION (NZ)

威利金箭

David Hayes

大衛希斯

83

K446‍

WINFIELD (BRZ)

智勝神駒

Mark Newnham

廖康銘 ⁤

83

K234

AKASHVANI (AUS)

天星

David hayes

大衛希斯

82

J481

TOP DRAGON (AUS)

喜尊龍

Chris So

蘇偉賢

81

K201

CIRCUIT GRAND SLAM (IRE)

綫路滿貫

Manfred Man

文家良

What is the Inflation Reduction Act?

The Inflation Reduction ‍Act of 2022 is a landmark United States federal⁤ law that aims to lower healthcare costs, address climate change, and raise taxes on large corporations. Signed into law by President Joe Biden on August 16,2022,the act represents a meaningful investment ‌in clean energy and healthcare affordability.

Prior to ‌it’s‍ passage, the bill faced extensive debate and⁢ revisions in​ the Senate, ultimately passing through ⁤reconciliation, a process allowing budget-related legislation to bypass the 60-vote filibuster threshold.The name “Inflation Reduction Act” is somewhat contested, as economists debate the extent to which it will actually reduce inflation in the short term; proponents argue it will lower costs over the long term by addressing underlying drivers of inflation like energy and healthcare.

According to the Congressional Budget‍ office (CBO), the Inflation reduction Act is projected to reduce the federal ‍deficit by $305 billion over the next ten years. https://www.cbo.gov/publication/58633

key Provisions of the Inflation Reduction Act

The Inflation Reduction ⁢act contains several key provisions impacting various sectors of the U.S.economy. These include significant investments in clean energy, prescription drug ​price negotiation, and tax increases on large corporations.

  • Climate Change ⁣& Energy Security: Approximately $369 billion ‌is allocated to energy and⁣ climate⁤ change programs, including tax credits for​ renewable⁢ energy production, electric vehicle ⁤purchases, and home⁣ energy efficiency improvements.
  • Healthcare Costs: The act allows Medicare to negotiate prices ​for certain prescription ⁢drugs, starting with a limited number of drugs in 2026 and expanding over time. It also extends enhanced Affordable Care ⁤Act (ACA) subsidies through 2025.
  • Tax Provisions: A 15% minimum tax⁢ is imposed on corporations with over⁤ $1 billion in profits, and the IRS receives ‍increased ​funding for enforcement.

The climate provisions are particularly noteworthy,​ representing the largest investment in climate action in U.S. history. These ⁢incentives are ⁣designed to accelerate the transition to a clean energy economy and reduce greenhouse gas emissions.

The Kaiser Family Foundation estimates that the Inflation Reduction Act will lower health insurance premiums for 13 million Americans by an average of $800 per year. https://www.kff.org/article/explainer-what-are-the-key-provisions-of-the-inflation-reduction-act/

Impact on Prescription Drug Prices

A central component of ‍the Inflation Reduction Act is its provision allowing Medicare to negotiate prices for certain prescription drugs.This marks a ‌significant shift in policy, as Medicare has historically‍ been prohibited from directly negotiating drug prices with pharmaceutical companies.

The negotiation process will begin with 10 drugs in 2026, expanding to 20 drugs by 2029. Drugs eligible for negotiation are those without generic or biosimilar competition and represent the highest⁤ expenditure drugs under Medicare Part D. ‍Pharmaceutical companies that refuse to negotiate may face excise ⁣taxes or withdrawal​ from Medicare and Medicaid.

The Centers for Medicare & Medicaid Services (CMS) estimates that Medicare drug price negotiation will save the federal government approximately $102 billion⁢ over the next ten years. https://www.cms.gov/newsroom/fact-sheets/inflation-reduction-act-lowering-prescription-drug-costs-americans

Effects on‍ Clean Energy and Climate Change

The Inflation Reduction Act allocates considerable funding to promote clean energy and address climate change, aiming to reduce U.S. greenhouse gas emissions by roughly 40% below 2005 levels by 2030.

Key provisions include tax credits for renewable energy sources like solar and wind power, ⁢incentives for electric vehicle adoption, and investments in energy efficiency upgrades for homes and⁣ businesses.​ The act also supports the development of clean‍ hydrogen and carbon capture technologies. These incentives are ⁣designed to‌ make clean energy technologies more affordable and accessible, accelerating thier deployment across the economy.

According to a report by Rewiring America, the Inflation Reduction Act is projected to create over⁤ 9 million jobs in the clean energy sector by ⁢2030. https://www.rewiringamerica.org/inflation-reduction-act-jobs

Criticisms ⁢and Controversies

Despite its passage,⁣ the Inflation Reduction Act has faced criticism from various groups. Some argue that the act’s ​impact on inflation will ​be ⁤minimal or even counterproductive, while others express​ concerns about⁢ the potential negative ‍consequences of the corporate minimum tax.

Republicans ⁤have largely⁢ opposed the bill, arguing that ⁤it will harm the economy and increase the national‌ debt. Some industry groups have also⁤ raised⁣ concerns about specific provisions, such as the ⁣impact of the prescription drug price ⁤negotiation on pharmaceutical innovation. Moreover, debates continue regarding the effectiveness⁢ of the tax⁢ credits and incentives in​ achieving the stated climate goals.

The Tax foundation ⁣estimates that the corporate minimum tax will raise approximately $35 billion ‌per year, but could ‌also lead to​ reduced investment ​and economic growth. https://taxfoundation.org/inflation-reduction-act-analysis-2022/

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