Manchin blasts Biden admin over new EV tax credit regulations

The Daily Wire

Sen. Joe Manchin (D-WV) blasted the Biden administration again on Friday for seemingly reneging on another policy from the $740 billion Inflation Reduction Act.

In a statement Friday, Manchin blasted the Biden administration’s newly-implemented regulations for the electric vehicle tax credit. The IRS proposed new rules Friday that would reduce the number of vehicles which qualify for the $7,500 tax credit, but it would also loosen the restrictions for critical minerals supplied to make the batteries.

“Yet again – the guidance released by the Department of the Treasury completely ignores the intent of the Inflation Reduction Act,” Manchin said. “It is horrific that the Administration continues to ignore the purpose of the law which is to bring manufacturing back to America and ensure we have reliable and secure supply chains. American tax dollars should not be used to support manufacturing jobs overseas. It is a pathetic excuse to spend more taxpayer dollars as quickly as…

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Manchin blasts Biden admin over new EV tax credit regulations

 

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