House Ways & Means Committee Chairman Smith: Biden Administration Surrenders to China on Final EV Regulations, Weakens America Trade Policies
May 04, 2024
May 04, 2024
WASHINGTON, May 4 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release:
On Friday the Biden Administration issued final regulations on the electric vehicle (EV) tax credits included in the Democrats' so-called Inflation Reduction Act (IRA), doubling down on their desire to allow Chinese billionaires and EV manufacturers with ties to the Chinese Communist Party to continue benefiting from American taxpayer dollars. Th . . .
On Friday the Biden Administration issued final regulations on the electric vehicle (EV) tax credits included in the Democrats' so-called Inflation Reduction Act (IRA), doubling down on their desire to allow Chinese billionaires and EV manufacturers with ties to the Chinese Communist Party to continue benefiting from American taxpayer dollars. Th . . .