Senate expected to pause Build Back Better bill, revised EV tax credits remain in limbo

During a congressional sprint to pass legislation before holiday recess, the US Senate is reportedly planning to put a pin in President Joe Biden’s $1.9 trillion Build Back Better bill to focus on other acts it hopes to pass before 2021’s end. Unfortunately, any delays to the Build Back Better bill means a delay in the proposed revisions to federal tax credits for EV automakers and moreover, US consumers.

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Source: Charge Forward