DAVID BLACKMON House Republicans Look To End Some of Bidens Madness

Image for article DAVID BLACKMON House Republicans Look To End Some of Bidens Madness
News Source : The Daily Caller

News Summary

  • The House Ways and Means Committee unveiled legislation Monday that would decimate the heavily subsidized electric vehicle industry
  • The latest draft of the House Reconciliation bill would eliminate the $7,500 tax credit to buyers of EVs
  • The 45V hydrogen credit is also on the chopping block in the latest draft, along with several other special interest tax credits
Tesla founder and CEO Elon Musk has repeatedly stated his company can easily survive without the Electric Vehiclerelated subsidies and tax breaks contained in the Orwellian Inflation Reduction Act o [+4940 chars]

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