Posted on 05/24/2023 12:57:39 PM PDT by ChicagoConservative27
President Joe Biden’s administration canceled a $200 million grant it previously planned to award to a Chinese Communist Party-linked lithium-ion battery maker after Republican lawmakers criticized the deal.
Last year, Biden’s Department of Energy (DOE) selected Microvast to receive a $200 million federal grant from a fund created under the Infrastructure Investment and Jobs Act of 2021. Those funds were intended to help America become less reliant on China for critical supplies like lithium-ion batteries.
(Excerpt) Read more at breitbart.com ...
Well there’s a spending cut.....
He had to be told this was not a good or even a smart thing to do.
“But dang-it! Kamala kept telling me it was good for America!”
This is the amount of effort needed to cancel $200 million in spending when there is a $1.4 trillion deficit.
Is ‘Microvast’ immensely small?
Biden’s gonna need a pay raise to account for his cut.
Nah... the Dems just gave it to another CCP linked organization that the Repubs didn’t scrutinize.
Our POTUS is an enemy of the State but a friend of the Deep State.
Tell Janet we now have another hour before default.
And General Milley. He’s out there making spending demands now.
That’s not the only thing “down” with Slow Joe. Let’s start with his IQ and go down the ladder of his pro-America activities. Zero is still zero in my math world.
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