The slashes hundreds of billions of dollars in clean energy tax credits that the Biden administration rammed through Congress with the 2022 Inflation Reduction Act.
Democrats touted the legislation as the biggest climate bill ever passed. Now those same Democrats are watching their precious subsidies disappear.
One of the most significant green subsidies getting eliminated is a $7,500 consumer tax credit for new electric vehicles and a credit of up to $4,000 for used electric cars.
These tax credits were designed to push consumers into buying electric or hybrid vehicles instead of the gas-powered cars they actually wanted.
But Trump and Republicans aren’t playing that game anymore. The credits will expire by the end of September, and EV companies are already feeling the heat. [conservativeundergroundnews]
Good Night, Patriots! And here's to the greatest President ever and surviving Butler!
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