Manchin blasts Biden Treasury Department for 'pathetic' EV tax credit move

[Geee]

Washington Examiner

Sen. Joe Manchin (D-WV) blasted the Biden administration Friday after the Treasury Department issued new rules on the use of electric vehicle tax credits.

The new guidance, released Friday, would open the door for more foreign exporters' electric vehicle products to receive expanded U.S. subsidies than initially expected. Manchin, who leads the Senate Energy and Natural Resources Committee, said in a statement that the Treasury-backed rules would hurt American manufacturing.

"Yet again — the guidance released by the Department of the Treasury completely ignores the intent of the Inflation Reduction Act," Manchin said. "It is horrific that the Administration continues to ignore the purpose of the law which is to bring manufacturing back to America and ensure we have reliable and secure supply chains. American tax dollars should not be used to support manufacturing jobs overseas."

"It is a pathetic excuse to spend more taxpayer dollars as quickly as possible and further cedes control to the Chinese Communist Party in the process," he added. "The guidance includes a 60-day comment period and I ask for every American to comment. My comment is simple: stop this now — just follow the law."