QuoteThe Treasury said that the tax credit guidelines delay is necessary so as to be able to take into account the opinion and the impact over all stakeholders involved, foreign and domestic
So the goal of the act isn't exactly to reduce inflation.
Still politics as usual. Sure, go ahead and cater to big auto/gas companies/big business. Isn't that what got us here in the first place? We don't seem to be learning from our mistakes. Eventually, we will.
How would printing money reduce inflation? Only in the world of Orwellian doublespeak. The purpose of the Act is to appease the climate change cult, and provide subsidies to Ford and GM, and by extension, save union jobs.