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Trump’s rollback of CAFE is an affordability bullseye

4 0
monday

The Trump administration‘s revolution of common sense took another sensible turn this week with the announcement of its plan to roll back federal fuel economy rules for passenger vehicles. The bold reversal of Obama-era standards that were escalated under former President Joe Biden builds on the One Big Beautiful Bill Act’s elimination of civil penalties for Corporate Average Fuel Economy (CAFE) noncompliance. The removal of these burdensome federal regulations, including the Biden administration’s preposterous 50 miles per gallon target for model year 2031 vehicles, will benefit the nation in myriad ways.

Crucially, consumers can expect the cost of new vehicles to come down significantly in the coming years. Strict fuel efficiency standards force automakers to adopt expensive technologies that get tacked onto the price. The administration claims that the new standard of 34.5 miles a gallon for vehicles by model year 2031 will save people $109 billion over the next five years and cut the average cost of new cars by about........

© Washington Examiner