Article

2024-01-08 Economy

Inflation Reduction Act re-routes Medicare savings into tax credits for electric vehicles

[JustTheNews] The bulk of $280 billion in savings from the IRA's prescription drug provisions has been redirected to fund $7,500 tax credits on new electric vehicles and $4,000 tax credits on used electric vehicles, as well as other energy efficiency programs.

Related:
Inflation Reduction Act: 2023-11-22 Yellen: We Still ‘See Increases' in Important Prices, But People Will See We've Improved Economy
Inflation Reduction Act: 2023-11-10 Joe Manchin Announces he won't run for reelection for the Senate
Inflation Reduction Act: 2023-11-02 IRS chief makes eyebrow-raising claim about Israel aid bill, then the CBO quickly kills it

Related:
Electric vehicles: 2024-01-01 Out of Control Lithium-ion Battery Fire in Ship's Cargo Hold Finally Extinguished
Electric vehicles: 2023-12-26 Minnesota cities went for EVs in public transit, but the buses couldn't handle the cold
Electric vehicles: 2023-12-26 'Shut it Down for Palestine' protests outside homes of Defense Sec Lloyd Austin, National Security Advisor Jake Sullivan

Posted by Skidmark 2024-01-08 07:43|| || Front Page|| [11135 views ] Top
File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats

#1 Federal government approves Florida's request to import prescription drugs

Posted by Skidmark 2024-01-08 07:50|| 2024-01-08 07:50|| Front Page Top

#2 The problems with the article start with the phrase "Medicare savings" in the headline...

Posted by M. Murcek 2024-01-08 08:32|| 2024-01-08 08:32|| Front Page Top

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