WASHINGTON – Today, Senate Finance Committee Democrats blocked an amendment offered by U.S. Senator Bill Cassidy, M.D. (R-LA) offered during the markup of the Clean Energy for America Act that would limit the proposed electric vehicle tax credit expansion to only include non-luxury vehicles, defined as those costing less than $47,500.
“The federal government should not use working families’ tax dollars to subsidize the purchase of luxury cars,” said Dr. Cassidy.
This amendment was also cosponsored by Senate Finance Committee Ranking Member Mike Crapo (R-ID).