In a mad dash to expand all their favorite “green” cash grabs before the end of the year, House Democrats have published their most bloated smash and grab yet.

They call it the Green Act, but a better name might be the Greed Act. The bill extends wind and solar subsidies – which we’ve been promised for decades would be temporary – for yet another five years. In an effort to gain support from farm states, it revives the biodiesel credit.

Most outrageously, the Green Act cancels the phase-out of the electric vehicle subsidies by tripling the per-manufacturer cap. It also ignores rampant fraud and creates a new subsidy for used electric vehicles, despite the fact the original rationale – dependence on foreign oil – is now completely obsolete.

Because no green cash grab would be compete without lavishing taxpayer dollars on the campus left, the bill includes an eye-popping $5 billion in grants for university “environmental justice” programs. Shameless.

With Nancy Pelosi firmly in control, the Green Act could well pass the House, either by itself or more likely as part of a larger year-end package.

So the real fight looks likely to be in the Senate, where Minority Leader Chuck Schumer can be expected to go to the mat for the electric vehicles subsidies, if not the whole package. In fact, he recently proposed an electric-vehicles-subsidies-meets-cash-for-clunkers on steroids concept that would pay to scrap every internal combustion vehicle in the country in the most brazen display of wealth destruction via central planning ever attempted outside of the Communist Bloc. So he can be expected, at a minimum, to push hard for the House language on electric vehicles.

That language would triple the cap on subsidies of 200,000 per manufacturer – which has already been reached by Tesla and GM, who of course have unleashed armies of lobbyists to keep the taxpayer largesse flowing.

A token cut in the credit amount from $7,500 to $7,000 would be meaningless, thanks to a new credit of up to $2,500 for used electric vehicles.

This program is an almost pure tax break for the rich, and those rich are well represented by their Democratic representatives and senators. Especially from California, which gets nearly half of all the subsidies dollars, and New York, which ranks second.

The Pacific Research Institute looked at IRS data and found that more than half of the electric car buyers claiming the credit make more than $200,000 per year and nearly 80 percent make more than $100,000.

Just 1 percent make $50,000 or less.

Worse, a significant number of the predominantly wealthy people claiming the credit are doing so fraudulently.

The Treasury Inspector General found in a new report that 16,510 tax returns claiming “potentially erroneous” electric vehicle tax credits, totaling $73.8 million. The IRS doesn’t check VINs, and it looks like credits have been allowed for ineligible vehicles. It also appears there is a particular problem with leased vehicles, in which the leasing company claims the credit and builds it into the lease payment, but then the lessee claims the credit a second time, effectively doubling the subsidy.

The simplest way to end the fraud would be to let the program phase out as scheduled. But Congress looks at rampant fraud and instead wants to expand the program. Unreal.

Nothing in the Green Act deserves to see the light of day in the Senate, especially the expansion of electric vehicle tax breaks. But if it does, President Trump should make clear that he’ll have his veto pen ready.

Mr. Kerpen is the president of American Commitment and the author of “Democracy Denied.” Kerpen can be reached at phil@americancommitment.org.

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(8) comments

HwyRovr

I would like a Republiscum to please answer these questions:

1) If Trump is as innocent as he claims, then why is he blocking

the witnesses who have first hand knowledge to testify?

2) Why is Trump claiming the hearings were done in secret when the FACT is there were 45 republicans between three committees?

3) Why is Trump claiming these republicans on the committees could not ask questions, when they COULD ask questions?

4). Why is Trump claiming he and his attorney can not participate in the hearings. When they have been invited to participate?

5) Why doesn't Trump himself testify? Both Clinton's testified in front of congress.

6). Why are Republiscums refusing to read the transcripts from both the Mueller report and the recent hearings?

Mr Lemons

"the bill includes an eye-popping $5 billion in grants for university “environmental justice” programs."

The bill should be killed based on the $5 billion to universities for leftist "environmental justice." Environmental justice translates to more community organizers that will bring lawsuits based on minorities being disportionately impacted by the negative aspects of the environment.

Among the 200+ bills Senator McConnell is "sitting on" in the senate are these eight bills created by the radical leftists in the House.

H.R. 1 For the People Act: Gives voting rights to felons, grants statehood to the District of Columbia, requires presidential candidates reveal 10 years of taxes, creates a new federal holiday for Election Day, and creates code of ethics for Supreme Court.

H.R. 8 – Bipartisan Background Checks Act: This legislation would require universal background checks for all firearm sales (even private sales) with specific exceptions.

H.R. 7 – Paycheck Fairness Act: More regulations for employers. Perpetuates the myth of women being paid 77% of what men are paid.

H.R. 1585 – VAWA Reauthorization Act: Violence Against Women Act includes new provisions protecting transgender (men that say they are a women) victims and banning individuals convicted of domestic abuse from purchasing firearms. Nothing in the bill for Muslim girls subject to the violence of genital mutilation or honor killings.

H.R. 9 – Climate Action Now Act: Prohibits the use of federal funds to advance the withdrawal of the United States from the Paris Agreement. The Act also compels the Trump administration to submit to Congress how the United States will achieve an economy-wide target of reducing its greenhouse gas emissions by 26 to 28 percent below its 2005 level by 2025, within 120 days of its enactment.

H.R. 5 – Equality Act: Infringes on religious liberty.

H.R. 6 – Dream and Promise Act: Protections in the American Dream and Promise Act would allow nearly 700,000 Deferred Action for Childhood Arrivals (DACA) recipients, as well as another 1.6 million eligible Dreamers brought to America as children, to stay in the U.S.

H.R. 582 – Raise the Wage Act: Raise the Wage Act would increase the federal minimum wage to $15 per hour over five years.

HwyRovr

Let’s consider some of the bills considered “bad” by fools -

H.R. 1 For the People Act: Gives voting rights to felons, grants statehood to the District of Columbia, requires presidential candidates reveal 10 years of taxes, creates a new federal holiday for Election Day, and creates code of ethics for Supreme Court. 1) Why shouldn’t person who has served sentence be allowed to vote? Explain your reasoning. 2) Why shouldn’t D.C. be a state? Explain your reasoning? 3) Remember it was the lying draft-dodging, coward who made taxes an issue in 2012 when he said Romney should not be allowed to run if he did not show his tax returns – and then promised he would release his taxes (he lied). The idiot opened the door, now it is time to fix it. 4) Why shouldn’t Election Day be a federal Holiday? Explain your reasoning. 5) So you feel the SCOTUS should not be held to an ethical standard? Explain your reasoning.

H.R. 8 – Bipartisan Background Checks Act: This legislation would require universal background checks for all firearm sales (even private sales) with specific exceptions. Why are Republiscums so terrified of common-sense gun laws?

H.R. 7 – Paycheck Fairness Act: More regulations for employers. Perpetuates the myth of women being paid 77% of what men are paid. So women should be denied equal pay for equal work? Typical Republiscum attitude.

H.R. 1585 – VAWA Reauthorization Act: Violence Against Women Act includes new provisions protecting transgender (men that say they are a women) victims and banning individuals convicted of domestic abuse from purchasing firearms. So you favor violence against women and others with whom you disagree?

H.R. 5 – Equality Act: Infringes on religious liberty. Whose religious liberty? That of so called “christians” who hate all other religions?

H.R. 6 – Dream and Promise Act: Protections in the American Dream and Promise Act would allow nearly 700,000 Deferred Action for Childhood Arrivals (DACA) recipients, as well as another 1.6 million eligible Dreamers brought to America as children, to stay in the U.S. Why do hate so much?

H.R. 582 – Raise the Wage Act: Raise the Wage Act would increase the federal minimum wage to $15 per hour over five years. Another excellent idea, but of course Republiscums hate the thought of a living wage.

deaton

Thank you Rovr, for laying out in detail seven pieces of potential legislation that prove the necessity of re-electing President Trump and returning control of the US House of Representatives to Republican control! These deficit busting, liberty restricting Proposals need to be soundly defeated and relegated to the dust bin of liberal socialistic history never to be seen again! Thanks again, Rovr [thumbup][beam] Deaton

HwyRovr

"HwyRovr" - Hmm, how odd. You talk about deficit busting and liberty restricting but cannot actually explain why you feel that way. Typical, Republisumss are great at whining but useless at explanations.

Roco

🤡🤣[thumbdown][thumbdown][thumbdown]

simon1dog

Quote: "In a mad dash to expand all their favorite “green” cash grabs before the end of the year, House DEMOCRATS have published their most bloated smash and grab yet." What the writer forgot to mention is that their actions are on the same level as 'looting'. On a side note. Have you ever noticed that most urban looters are Democrats?

HwyRovr

What are you worried about? Moscow Mitch will bury the bill - along with the over 200 others he's buried - and never allow it to be brought to the floor of the Senate, despite it being an important bill for the future well-being of our nation. Stupid Republiscums.

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