Republican lawmakers are attempting to overturn the twin pillars of the Biden administration’s climate platform: tax credits for electric vehicles and the Environmental Protection Agency’s new rules to curb tailpipe emissions.
Supporters of the so-called “Eliminate Lavish Incentives To Electric Vehicles Act” claim it will keep China from exploiting loopholes in the Treasury Department that could give it access to taxpayer incentives. The act also looks to defund investments in electric vehicle charging infrastructure. Biden’s infrastructure law commits $7.5 billion in spending to install a national network of EV charging stations.