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Saturday, September 21, 2024

Webster votes on bill closing EV loopholes benefitting China

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Daniel Webster U.S. House of Representatives from Florida | Official U.S. House Headshot

Daniel Webster U.S. House of Representatives from Florida | Official U.S. House Headshot

Florida Congressman Daniel Webster, R-Clermont, voted to pass H.R. 7980, the End the Chinese Dominance of Electric Vehicles in America Act. The legislation aims to prohibit electric vehicles with batteries made from materials sourced from prohibited foreign entities, such as China, from qualifying for the federal clean vehicle credit.

“This legislation is about putting America, not China, first,” said Rep. Webster. “The Biden-Harris Administration’s lenient policies have opened the floodgates for the Chinese Communist Party to enrich themselves at the expense of American taxpayers. This stops today.”

Republicans in Congress had previously worked to secure strong provisions against foreign adversaries like China in the Inflation Reduction Act (IRA). However, they argue that the Biden-Harris Administration’s Treasury Department exploited loopholes benefiting Chinese manufacturers. These policies reportedly allow Chinese billionaires with ties to the Communist Party to profit from taxpayer-funded subsidies intended for American clean energy development.

The End Chinese Dominance of Electric Vehicles in America Act seeks to close these loopholes, ensuring taxpayer dollars are not used to fund Chinese interests. It aligns EV tax credit rules with those in the CHIPS Act, which already bars foreign entities of concern from receiving U.S. government support.

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