President Biden has tucked another $500 million to fund production of the minerals used to make batteries for electric cars into the Ukraine aid bill passed by Congress.
Both Biden and Ukrainian leaders had said that the $40 billion emergency aid package was essential for Ukraine's war against Russia.
Those funds also build on the $7 billion in federal funding from the bipartisan infrastructure bill last year that companies are now vying for to bankroll the refining, manufacturing and recycling of electric vehicle batteries.
The $40 billion Ukraine aid bill included $20 billion to fund direct transfers of advanced weapons systems to Ukraine, $8 billion in general economic support, $5 billion to address food shortages across the globe and over $1 billion in support for refugees, in addition to the $500 million for mineral production.
Biden is forging ahead with subsidies for electric vehicles even without his Build Back Better bill, which fell apart due to inflation concerns.
Build Back Better had included $320 billion for clean energy, but talks petered out as inflation started to rise.
With gas prices up to $4.76, just under double what they were when Biden took office, still electric vehicles remain out of reach for most middle class households - the average purchasing price of an EV in April was up to $65,000, up 16 percent from last year.
It's becoming increasingly difficult to discern fact from fiction, and unfortunately the media has a strong bias. They spin stories to make conservatives look bad and will go to great lengths to avoid reporting on the good that comes from conservative policies. There are a few shining lights in the media landscape-brave conservative outlets that report the truth and offer a different perspective. We must support conservative outlets like this one and ensure that our voices are heard.
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