Posted on 07/11/2024 10:33:46 AM PDT by Mr. Mojo
The Biden Energy Department on Thursday announced nearly $2 billion will be released to save at-risk or shuttered plants if they convert to electric vehicles across swing states such as Michigan or Pennsylvania.
The Biden administration is using $2 billion that came from the Inflation Reduction Act, which is commonly referred to as a climate change bill, as it attempts to combine manufacturing and climate change policies.
The funds will be used to help with conversions and retooling projects across eight states to make electric vehicles and other related parts.
“This announcement is a hallmark of the Biden administration’s industrial strategy, which is a strategy to bring manufacturing and jobs back to America after years of offshoring,” Jennifer Granholm told reporters on Thursday.
However, some of the 11 facilities that will receive funding are in swing states as Pennsylvania, Michigan, Georgia, and Virginia. General Motors, Stellantis, Volvo, Harley-Davidson, and suppliers such as American Auto Parts will receive the funding, and Biden officials said it would ensure over 15,000 union workers keep their jobs, and create approximately 3,000 jobs.
(Excerpt) Read more at breitbart.com ...
Did Congress vote for this?
Yes, they did.
From wikipedia:
Street money (also called walking-around money) is an American political tactic where local party officials are given legal cash handouts by an electoral candidate’s campaign in exchange for the officials’ support in turning out voters on election day.
Throwing away more money on something few want.
Jennifer Granholm...always “blown away” by her BS.
All spending begins in the House.
The Biden White House I guess.
This money will be laundered to support another Big Steal in November. It’s what they do.
SADLY yes. HR 5376 Aug 2022
Election stealing the old fashion way, just buy your votes
Because nothing helps the American economy like adding another $2 trillion to the national debt.
What a screw job.
Dang, I forgot the </sarc> tag.
Take that f***** checkbook away from that dork!
Plug him up to one of those super chargers.
“save at-risk or shuttered plants if they convert to electric vehicles”
Somehow I’ve gotten the impression that manufacturers aren’t very interested in expanding electric vehicle production.
Talk about money going down the drain. How much was Trump’s boarder wall again?
This isn’t boosting EV’s. It’s buying union votes and bailing out auto manufacturers who chose poorly.
Another 2 billion dollars worth of riding crops to beat a dead horse!
That doesn’t matter. This street cash will be 2024’s Solyndra.
It’s a great supply of copper and metals for the druggies.
So the inflation reduction act includes a vote buying slush fund? Nothing corrupt about that I guess.
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