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Cavuto Helps Spin Bill To Remove Tax Credit For Buying Electric Cars

Posted by Brian -37pc on February 16, 2012 · Flag

On yesterday’s Your World, Rep. Mike Kelly (R-PA) got a few minutes to attack President Obama for increasing the tax credit for electric cars from $7500 to $10,000. Neil Cavuto began the segment with a red strobe light and siren signaling what he called a “budget alert.” 

Kelly said, “That’s why I introduced HR 3768 to unplug the subsidies on electric vehicles… (People) should be outraged. Thanks for carrying this story. We need as a people to come together and say stop wasting our money. This is a President who doesn’t know how to control his spending… It’s not his money that he’s wasting, it’s yours and mine and the rest of the taxpayers… He wants a million of them on the road. That’s a $10 billion cost to the American taxpayer, that’s absolutely ludicrous.”

Cavuto’s one stab at balance was to say, “People love these electric cars.” But then he added, “Let the market decide. The people who are buying these, we are told, are pretty well heeled. They’re $150,000 and over in income… Many of them might not need that credit.”

Kelly reiterated, “This is, again, a big waste of taxpayer money.”

The red light and siren went off again as Cavuto said, “Not that this budget has a prayer because the Senate won’t take it up, that’s under Harry Reid, he knows, I guess, what a turkey this is.”

Kelly added, “Just go to the polls and say enough is enough. This is a President that should be going on TV and saying, ‘My bad… Bad idea, didn’t work, I wasted your money.’”

But while bashing the president’s credits, Cavuto failed to mention how electric cars save the middle class money and how credits to purchase them have a bipartisan history. They also contribute to development of American advanced battery industry and jobs. What happened to that information from “fair and balanced” Fox News?


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Average American Patriot commented 2012-02-16 22:14:54 -0500 · Flag
Just how stupid is Crapputo when it comes to business issues?

World wide demand for oil increases while scarcity of fossil fuels is certain. Yet those morons on Fox keep arguing for larger amounts at lower costs.

gNOpigs, the gravy train is running out of lard. Now you have to eat your veggies.
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