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 |