Manchin's Threat to Sue Biden Administration Over EV Tax Credits Causes Controversy.

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Source: The Hill
Manchin's Threat to Sue Biden Administration Over EV Tax Credits Causes Controversy.
Photo: The Hill
TL;DR Summary

Sen. Joe Manchin has threatened to sue the Biden administration if the Treasury Department's guidance on electric vehicle tax credits goes against the restrictions he added to the law. The Democrats' climate, tax, and healthcare bill eliminated the cap on electric vehicles eligible for consumer tax credits but included new stipulations on which vehicles are eligible for the credit. The restrictions were expected to pose a heavy lift for automakers, and the guidance is expected to cause fewer vehicles to get some or all of the credit.

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