It’s use-it-or-lose-it time for your FSA dollars
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 26 December 2023
⏱️ 7 minutes
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Summary
If you have a flexible spending account through your health insurance, you have just a few days left to use up unspent money. More businesses are working to make their products FSA-eligible, and you may be able to spend that cash on gym memberships or even meal kit delivery. But first: An engine manufacturer gets slapped with a hefty fine, and Angola decides to exit OPEC.
Transcript
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| 0:00.0 | Diesel's and ram pickup trucks were rigged to over-pollute now the engine manufacturer is set to pay a price. |
| 0:09.0 | I'm David Brancutcha, the Indiana-based company that makes diesel engines for ram pickups has agreed to pay a record |
| 0:15.8 | civil penalty, $1.7 billion for violating the Clean Air Act, the Justice Department says for |
| 0:22.4 | years comensins installed devices to cheat on emissions. |
| 0:26.4 | Marketplace is Nova Safos here with more. |
| 0:29.8 | This agreement between Cummins and the Justice Department covers about a million engines made for RAM pickups between model years 2013 and 2023. |
| 0:38.0 | The Justice Department says Cummins installed devices on its engines that bypassed or disabled emissions controls and that led to |
| 0:46.0 | the release of thousands of tons of excess nitrogen-oxide emissions. |
| 0:50.4 | Now nitrogen-oxide is a toxic gas, scientists and regulators say it helps cause that |
| 0:55.5 | reddish brown haze you might see in smoggy air. It is also thought to likely cause asthma |
| 1:00.6 | and children from prolonged exposure along with a number of other health effects. |
| 1:05.6 | Have there been recalls of trucks connected to this? |
| 1:09.4 | There have. |
| 1:10.4 | Commons is not admitting any wrongdoing, but it says it's already addressed a lot of the issues |
| 1:14.6 | that includes a previous recall of 2019 ram trucks. It's also recalling 2013 to |
| 1:20.7 | 2018 model years. It's expecting to spend about $2 billion in total dealing with |
| 1:26.2 | all of this. Perhaps that'll be the end of it, but I'll note that Cummins supplies engines and other related parts to several makers. |
| 1:34.7 | It supplies Pac-Car and Daimler trucks, North America, those both make semi-trucks. |
| 1:39.6 | It also is a supplier to Nissan. |
| 1:41.4 | So as of now, though, no related recalls David announced at those |
| 1:44.7 | other companies. Novasafo thank you for that and in Japan today the |
| 1:49.8 | Daihatsu brand of Toyota closed down production lines at all four of its factories amid concerns |
... |
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