Tag Archive for Auto Bailout

Chevy’$ Dolt

Because Debbie Dingell has a vested interest.

It’s the first major electric-vehicle legislation since Stabenow’s unsuccessful bill, which would have allowed automakers to offer a slightly lower tax credit of $7,000 for another 400,000 plug-in cars on top of the pre-existing cap.

In 2018, General Motors Co. and Tesla hit the lifetime ceiling of 200,000 electric vehicles, triggering a phase-out process cut the tax credit in half every six months until they hit zero at the beginning of this year.

Never forget.

You Betcha! (12)Nuh Uh.(1)