Loading...
Market
Will H.R. 798 be passed by the Senate by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official Senate records and announcements
Story
House GOP Passes H.R. 798 to Block Chinese EV Subsidies, Target Biden-Harris Loopholes
Sep 12, 2024, 03:08 PM
The House GOP has passed the End Chinese Dominance of Electric Vehicles in America Act of 2024, also known as H.R. 798. This legislation aims to prevent Chinese electric vehicle manufacturers from receiving U.S. taxpayer dollars through federal subsidies. The bill, introduced by Rep. Carol Miller, seeks to limit federal subsidies for wealthy EV buyers and block Chinese companies from benefiting from American taxpayer funds. The move is seen as an effort to restore American manufacturing dominance and reduce the influence of the Chinese Communist Party in the U.S. electric vehicle market. The bill also addresses loopholes in the Biden-Harris Administration's policies that allow Chinese manufacturers to profit.
View original story
Similar markets
Passed with majority Republican support • 25%
Passed with majority Democratic support • 25%
Failed with majority Republican opposition • 25%
Failed with majority Democratic opposition • 25%
