No American wishes to see taxpayer dollars outsourced to China through a federal policy. However, right now, China dominates the electric vehicle (EV) market with the assistance of the US taxpayer. Congress and the Biden Administration have bipartisan support to change these policies which favor Chinese EV companies to support American EV companies.
News reports indicate that the Chinese EV market is growing fast with the leading company Build Your Dreams (BYD) leading the way. If federal politicians don’t take appropriate action, this gulf between American versus Chinese made EVs will get bigger.
Republicans and Democrats are engaged in an epic rhetorical battle over the Biden Administration’s $3.5 trillion ‘Build Back Better’ plan. For Republicans, the plan is too large and expands certain ineffective welfare programs. For Democrats, this is the implementation of a mandate from the American people with the election of President Biden in 2020. By using the reconciliation process, the parties are hardened in their overall positions on the legislation but in the end there will be some provisions in the bill that Democrats don’t like and a few that Republicans like.
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