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Senate passes plug-in tax credits in Wall Street bailout bill

Posted on October 03, 2008

Filed under: EV/Plug-in, Legislation and PolicyWhen Treasury Secretary Hank Paulson first proposed last week that Congress should give him $700 billion to do with as he pleased in an attempt to save Wall St, the plan ran a staggering two and a half pages. That's because the plan essentially consisted of Give Hank the money, and then go away and he'll take care of everything without supervision. Congress, of course, was going to have none of that and set about writing a bill in more typical congressional fashion. That means lots of extra stuff added, bringing the bill that passed in the Senat...

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battery , congress , ev , legislation , tax credits