Lame Duck Watch: Biden Loans out Billions for EVs 

November 26, 2024

While millions of Americans prepare to celebrate Thanksgiving, the Biden-Harris Administration is shoveling billions into electric vehicle loans, hoping no one will notice. With less than two months remaining in office, the Biden-Harris administration has shown no signs of slowing their efforts to spend taxpayer dollars and “Trump-Proof” their questionable policies. 

Reuters reports, 

“Rivian (RIVN.O), opens new tab said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker’s production facility in Georgia. The announcement comes ahead of the inauguration of President-elect Donald Trump, who is expected to undo many of the Biden administration’s EV-friendly policies and incentives.”

The new $6.6 billion deal will be added to LameDuckWatch.Com, our new initiative that sheds light on the waning days of the Biden-Harris administration and exposes any attempted malfeasance.

“While Americans will rightfully celebrate Thanksgiving by expressing gratitude for new leadership in Washington, the Biden-Harris administration is doing all they can to undermine the will of the voters who fired them,” said Daniel Turner, Founder and Executive Director for Power The Future. “While many are celebrating the holiday season, Biden cabinet secretaries and other faceless bureaucrats are undoubtedly using their official positions to help them land their next job while continuing to cement policies that voters don’t want. The American people voted to reject this agenda, not to put it on steroids for the next two months.”