Republican Ohio Sen. J.D. Vance will introduce a piece of legislation Thursday that is aimed at eliminating electric vehicle subsidies established under the Biden administration as well as promoting domestic auto manufacturing.

President Joe Biden signed the Inflation Reduction Act (IRA) in August 2022, which allocated millions to combating climate change and other energy provisions while additionally establishing a $7,500 tax credit for electric vehicles. The bill, first obtained by the Daily Caller, will repeal a series of EV tax credits created or expanded under the IRA such as the Clean Vehicle credit and a credit for previously owned electric vehicles.

“Right now, the official policy of the Biden administration is to spend billions of dollars on subsidies for electric vehicles made overseas,” Vance told the Daily Caller. “If we’re subsidizing anything, it ought to be the wages of Ohio workers – not the green energy daydreams that are offshoring their jobs to China. We can secure a bright future for the American auto industry by passing this legislation, giving workers a much-needed raise, and reversing the misguided policies of the Biden administration.”

The bill also aims to create the first “America First Vehicle Credit” for cars powered by fossil fuel and that are American-made. For qualifying vehicles, the bill will establish a $7,500 credit which is dependent on payload and seating capacity.

[Personally, I think EV subsidies should go the way of the dodo, but until they do, not allowing them to go the way of Beijing is a start. ~ Beege]