$740 Billion Grab Bag at odds with Reality

The Democrats' New Inflation Bill Includes Tax Credits for Electric Vehicles That Don't Exist

Even Democrats are criticizing the bill's unrealistic expectations

If that's the case, why did every single Democrat pass the bill?

After a marathon overnight session, the Senate passed the Inflation Reduction Act on a party-line vote Sunday. The bill apportions $740 billion for a grab bag of Democratic spending priorities in the name of combating inflation. One item on the list: tax credits for purchasing electric vehicles (EVs).

There's a problem: No cars exist that qualify for the credits.

Read about all the problems with the Inflation Reduction Act and EV's