Moderate Sen. Joe Manchin, D-W.Va., said Thursday he opposes a proposal in President Biden’s social spending bill that would award enhanced federal tax credits for union-made electric vehicles. However, electric vehicles manufactured at union-run U.S. facilities would be eligible for an additional $4,500 credit. Toyota, which operates non-union U.S. vehicle plants, is one of several auto manufacturers lobbying against the tax credit for union-made electric vehicles. Sen. Debbie Stabenow, D-Mich., has lobbied for the tax credit to be included in the bill. A framework agreement for Biden’s $1.75 trillion social spending bill includes more than $500 billion toward climate-related actions and incentives.
Source: Fox News November 12, 2021 11:30 UTC