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May 24, 2023
Biden Admin Cancels $200M Grant to CCP-Linked Microvast After Republican Scrutiny
Biden Admin Cancels $200M Grant to CCP-Linked Microvast After Republican Scrutiny
President Joe Biden's administration canceled a $200 million grant it previously planned to award to a Chinese Communist Party-linked lithium-ion battery maker after Republican lawmakers criticized the deal. Last year, Biden's Department of Energy (DOE) selected Microvast to receive a $200 million federal grant from a fund created under the Infrastructure Investment and Jobs Act of 2021. Those funds were intended to help America become less reliant on China for critical supplies like lithium-ion batteries. (Excerpt) Read more at breitbart.com ... TOPICS: Front Page News; Government; News/Current Events; Politics/Elections; Your Opinion/Questions KEYWORDS: biden; cancels; chicoms; china; fjb; lithiumion; microvast; scrutiny Joe got caught with his diaper down 1 posted on 5/24/2023, 1:57:39 PM by ChicagoConservative27 To: ChicagoConservative27 Well there's a spending cut..... 2 posted on 5/24/2023, 1:58:41 PM by blackdog ((Z28.310) *Return the Pulitzers over Crossfir
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