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January 21, 2013

CBO: Electric Vehicle Subsidies to Cost $7.5 Billion With Little Benefit

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In Obama's second inauguration speech he promised more of the same failed green energy policies of his first term. In other words, "Forward" on ideology, and backwards on common sense and economics.

Meanwhile, the CBO, the non-partisan federal agency that is relied upon by Congress to provide unbiased economic data, reports that the outlook is that federal subsidies will cost taxpayers $7.5 billion over the next few years for little or no benefit.

'Forward' we go, to where we all know.

And it sure as hell doesn't look very promising!

Posted by Hyscience at January 21, 2013 10:48 PM



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