busybody..
Literotica Guru
- Joined
- Jul 28, 2002
- Posts
- 149,503
Obama hikes subsidy to wealthy electric car buyers
By Neil Munro - The Daily Caller Published: 2:10 PM 02/13/2012 | Updated: 4:44 PM 02/13/2012
By Neil Munro - The Daily Caller
The White House intends to boost government subsidies for wealthy buyers of the Chevy Volt and other new-technology vehicles — to $10,000 per buyer.
That mammoth subsidy would cost taxpayers $100 million each year if it is approved by Congress, presuming only 10,000 new-technology autos are sold each year.
But the administration wants to get 1 million new-tech autos on the road by 2015. The subsidy cost of that goal could reach $10 billion.
Read more: http://dailycaller.com/2012/02/13/obama-hikes-subsidy-to-wealthy-electric-car-buyers/#ixzz1mIzIqUO3
By Neil Munro - The Daily Caller Published: 2:10 PM 02/13/2012 | Updated: 4:44 PM 02/13/2012
By Neil Munro - The Daily Caller
The White House intends to boost government subsidies for wealthy buyers of the Chevy Volt and other new-technology vehicles — to $10,000 per buyer.
That mammoth subsidy would cost taxpayers $100 million each year if it is approved by Congress, presuming only 10,000 new-technology autos are sold each year.
But the administration wants to get 1 million new-tech autos on the road by 2015. The subsidy cost of that goal could reach $10 billion.
Read more: http://dailycaller.com/2012/02/13/obama-hikes-subsidy-to-wealthy-electric-car-buyers/#ixzz1mIzIqUO3