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Biden tucked $500million bid to build more electric vehicles into the Ukraine aid bill by giving more funds to look for critical battery minerals
[Daily Mail, where America gets its news]
  • Both Biden and Ukrainian leaders had said that the $40 billion emergency aid package was essential for Ukraine's war against Russia

  • Tucked into that package was half a billion dollars to be allocated under the Defense Production Act to companies obtaining critical battery minerals

  • That's in addition to the $750 million DOD was authorized to dole out to mining companies when Biden first invoked DPA for critical minerals

  • Those funds also build on the $7 billion in federal funding from the bipartisan infrastructure bill last year

Posted by: Skidmark 2022-06-04
http://www.rantburg.com/poparticle.php?ID=634809