Manchin Objection To EV Tax Credit Highlights Divisions On Budget Bill

Sen. Joe Manchin (D-WV) is opposing a proposed boost in the electric vehicle (EV) tax credit for union-built vehicles in pending budget “reconciliation” legislation, highlighting Democratic divisions over the issue as well as resistance to the idea by non-union Toyota. The stance, articulated by Manchin at an event announcing new manufacturing investments by Toyota in Manchin’s home state, also underscores the possibility that the Senate could change climate or other provisions in the pending reconciliation bill, which the House has...