Canada
This article was added by the user . TheWorldNews is not responsible for the content of the platform.

US Senate Passes Bill That Includes Tax Credit for 'North American' Electric Vehicle Passes

New plan to encourage Americans to buy electric cars made in North America, not just USclears highest hurdle Did.

After a lengthy voting session that lasted nearly 24 hours, theUS Senatefinally approved her new 2022 Inflation Control Act.

READ MORE: How electric cars bring death to the oldest form of radio broadcasting

Vice President Kamala Harris passed the bill in a 50-50 draw, Joe Bidenthe $2 trillion climate and social spending package signed by President A dramatically reduced version.

The original proposal reserved the richest tax credits for vehicles assembled by union workers in the United States - experts say the plan would bring the Canadian auto industry to its knees. I would have let

However, Senate Majority Leader Chuck Schumer proposed a pending West Virginia Sen.and Mexico

Story Continues Under Advertisement

The bill will take control of Democrats next week It is expected to be approved by the House of Representatives. president's desk.

"It's been a long, tough and winding road, but at last, we're finally here," Schumer said on Sunday when the outcome was no longer in doubt. Electric Vehicle Charging Stations Added to Alberta – 14 July 2022

The defining legislative instrument of the 21st century.

This bill puts her $369 billion into combating climate change while lowering drug costs for the elderly, expanding health insurance benefits and reducing the deficit.

Trend Story

Climate action also includes incentives to build clean energy facilities such as solar panels and wind turbines. reducing pollution levels in minority communities and expanding more environmentally friendly factory and farm operations.

Story Continues Beneath Advertisement

Republicans, whose barrage of proposed amendments has been negated Saturday night through Sunday, turn their losses into tax hikes. considered a victory. Inflation and continued dependence on foreign energy.

"Democrats are already robbing American homes through inflation," said Senate Minority Leader Mitch McConnell. "Now their solution is to rob American families again." , did not become part of the US debate. Critics say it will take years for consumers to reap the benefits.

But for the Canadian auto industry, the stakes were high.

READ MORE: Ontario supports US bill proposing EV tax credits It was just part of a year-long all-hands effort by state governments andOttawato persuade US lawmakers and officials in the Biden administration to resign.

"A cigar. It's always a cigar," Volpe said when asked how he would mark the occasion. Everyone else has moved on to the next issue of the day by the time it concludes in. I have so many quiet cigars that it has become my ritual.

The story continues below the ad

Manchin has long held the idea of ​​excluding foreign automakers in a Senate swing vote from states where Toyota is the leading manufacturer. But it wasn't clear until last week whether it would benefit Canada.

The surprising deal he struck with Schumer,Justin Trudeau,Prime Minister

Click to play video: 'Terry Duguid announces a new electric vehicle initiative to boost electric vehicle use in Manitoba' Terry Duguid has created a new electric vehicle to promote the use of electric vehicles in Manitoba. Initiative announced
Terry Duguid announces new electric vehicle initiative to promote electric vehicle use in Manitoba – 12 July 2022

Federal officials say only the 2017-18 NAFTA negotiations match its scope, currently “Team Canada” A Trump-era negotiation that crafted a diplomatic maritime strategy known as The Approach.

It has targeted a wide range of US officials and lawmakers, with at least one face-to-face meeting in recent months between Manchin and Deputy Prime Minister Christia Freeland.

Story continues below advertisement

Using Associated Press files

© 2022 The Canadian Press