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Lame-duck Congress must avoid extending the electric vehicle tax credit

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26.11.2018

The old Congress’ days are numbered, with only a few weeks’ worth of legislative meetings scheduled before the new Congress is sworn in in January. Yet, these few days must be productive enough to secure 2019 fiscal year appropriations and resolve deep-seated differences across the aisle. In the midst of bickering over border wall funding and the status of special counsel Robert Mueller’s investigation, House Minority Leader Nancy Pelosi reassured the press that “we just want to get it done” and keep the government from shutting down past the funding deadline of Dec. 7.

But in their rush to compromise and pass more spending through Congress, lawmakers should be wary of measures extending tax credits such as the electric vehicle program, which amounts to little more than a giveaway to the wealthy. A post-election frenzy to keep the government open doesn’t have to mean the continuation of unfair, unsustainable corporate welfare policies.

The EV tax credit, which rewards taxpayers up to $7,500 for purchasing new, qualified vehicles in the U.S., is slated to once again come up for debate in the........

© Washington Examiner