Sen. Joe Manchin (D-WVa.) is allegedly enraged over the Biden administration’s execution of the Inflation Reduction Act, a statute that only passed with Manchin’s backing.
According to Politico, Joe Manchin has been “raising hell” about the Biden administration’s execution of the legislation, which is now being referred to as a “tax, climate, and health care” bill because it has nothing to do with lowering inflation.
Manchin is particularly angry by delayed instructions on the law’s tax incentives for electric vehicles, and he wants “tight rules for electric-vehicle battery sourcing,” according to Politico, in order to stimulate domestic manufacturing.
Manchin is also concerned that the White House has adopted the climate narrative about the bill, rather than offering domestic energy security, which is another source of frustration for Manchin.
“I’ve been raising hell about this,” Manchin told Politico. “They almost appear to believe they had to provide $7,500 or no one will buy a vehicle. That is insane and ridiculous thinking on the part of the federal government. I totally and completely disagree with what they are doing.”
Strong words from Manchin were directed against Democrats who want to put an end to oil and gas development.
“This is nonsense. So they’re going to essentially deprive us of energy that we have in abundance because of their aspirational thoughts? I will continue to fight, and I will do all in my power to ensure that the public understands what they are doing and what it will mean for you, your economy, and your way of life,” Manchin said.
The bill that was proposed by Manchin a month ago would put a hold on the distribution of electric vehicle (EV) tax credits until the administration of President Joe Biden complies with the strict standards outlined in the Inflation Reduction Act.
The standards for the tax credits are expected to be finalized by the Treasury Department sometime in the coming month, which is many months after the statutory deadline of Dec. 31, 2022. Meanwhile, Americans can take advantage of the tax credit without having to follow the rules outlined in the Inflation Reduction Act.
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