Democrats Eye Broader Eligibility For EV Tax Credits In Budget Bill

Democrats are considering a possible compromise between lawmakers that support non-union automakers and those that back unionized companies that would broaden eligibility for a “bonus” tax credit for electric vehicles (EVs) beyond a current plan that would award it only to union-made vehicles. The possible approach would respond to public critiques from non-union automakers and lawmakers such as Sen. Joe Manchin (D-WV) that the House-passed budget “reconciliation” bill’s $4,500 tax credit bonus for union-made vehicles would penalize other companies that...