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Investigation: Waste of the Day – Expanded EV Charger Tax Credit Will Now Cost $900 Billion

By Adam Andrzejewski

Will this presidential election be the most important in American history?

Investigation by Adam Andrzejewski originally published by and made available via

Topline: A $7,500 federal tax credit meant to help those in poor or rural areas buy electric vehicle chargers is now applicable to parts of huge cities like New York and Los Angeles, according to updated rules from the Treasury and a Wall Street Journal report.

Key facts: President Joe Biden’s Inflation Reduction Act in 2022 created a tax break that covers 30% of the cost of an EV charger for “low-income and non-urban” drivers.

This month, the Treasury changed its definition of “low-income” to include neighborhoods where the median income is less than 80% of the surrounding area’s median income.

That definition fits relatively poor areas of prosperous cities such as Manhattan’s Times Square, where income is high but still lower than most of New York, according to the Wall Street Journal.

The updated meaning of “non-urban” includes any neighborhood where less than 90% of blocks are designated as urban. So, a town that is 89% bustling metro could claim the tax credit as a rural area.

Now, “low-income and non-urban” applies to two-thirds of America, according to the White House’s press release.

Background: The credit expansion will contribute to the rising cost of Inflation Reduction Act climate subsidies. Democrats said that the subsidies would cost $391 billion when the bill first became law, but The Brookings Institution estimates the real cost at closer to $900 billion.

The Treasury has already issued guidance that expanded tax credits for “energy property” such as solar panels.

Critical quote: “The Administration just will not stop ignoring the law in pursuit of its radical climate agenda — no matter the cost,” Sen. Joe Manchin (D-WV) said in a written statement. “This proposed guidance ensures that rural Americans will remain stuck at the end of the investment line, the exact problem this tax credit was supposed to address, choosing to give hand-outs to those that don’t need it while ignoring its responsibility to provide a hand up to rural communities at risk of being left behind.”

Summary: The Inflation Reduction Act’s investments in clean energy are important for the country’s future, but sending $7,500 tax breaks to individuals who can afford new technology themselves is a way to waste taxpayer dollars.

Adam Andrzejewski – The #WasteOfTheDay is brought to you by the forensic auditors at

This article was originally published by RealClearInvestigations and made available via RealClearWire.

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a host, Outreach Director with overseeing its outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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