Senate Majority Leader Chuck Schumer announced a $485 billion spending bill to reduce inflation.
Republicans are ruining the climate — right? Consider a few of the outrageous sins and stunts the party of evil perpetrated over the past few days, weeks and months. Oh, oops — all these planet-hating pols are Democrats.
Last week, Senate Majority Leader Chuck Schumer announced an “Inflation Reduction Act” whose $485 billion in spending is largely a giveaway to Big Auto. The bill will give families earning up to $300,000 as much as $7,500 in tax credits to purchase electric vehicles. Cars eligible for the credit can cost up to $80,000.
Electric cars emit less carbon than gas cars, yes. They are also cars (and with the eye-watering $80,000 price “cap” on tax credits, more likely large SUVs). They actually pose more danger to pedestrians, as they are quieter and heavier and accelerate faster than regular cars.
Continue reading the entire piece here at the New York Post
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Nicole Gelinas is a senior fellow at the Manhattan Institute and contributing editor at City Journal. Follow her on Twitter here.
This piece originally appeared in New York Post