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On Wednesday, President Trump announced he is tackling the Biden administration’s burdensome regulations on car manufacturers by resetting federal fuel standards.
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From the Daily Wire:
The president unveiled the changes in the Oval Office, promising that the reset of the Biden-era fuel economy standards will save American families a combined $109 billion. The president said he will realign the standards with real world market conditions.
“Combined with the insane electric vehicle mandate, Biden’s burdensome regulations helped cause the price of cars to soar more than 425%, and in one case, they went up 18% in one year,” Trump said. “Today, we’re taking one more step to kill the Green New Scam.”
The president added that his administration’s action “is expected to save the typical consumer at least $1,000 off the price of a new car, and we think substantially more than that.”
Under President Biden, “auto manufacturers were required to increase fuel efficiency to an average of around 50 miles per gallon for vehicles by 2031,” according to the Daily Wire. The White House called this rule a “backdoor electric vehicle mandate,” insisting that its removal will take a major burden off of manufacturers.
Ford CEO Jim Farley echoed this sentiment, suggesting in a statement ahead of the announcement that the President’s move will enable Ford to “invest in affordable vehicles made in the U.S.” He added, “We can make real progress on carbon emissions and energy efficiency while still giving customers choice and affordability. This is a win for customers and common sense.”
As our administration works to remove burdensome rules and lower costs for Americans, let’s pray!
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(Excerpt from the Daily Wire. Photo Credit: Official White House Photo by Daniel Torok)
