General Motors is looking to replace it's own buying incentives with tax money. We're about to subsidize GMC again. (Djplong; It looks like you touted the success of the government's "success" in saving the car industry and then backing off a mite too early)

The U.S. taxpayer is going to be turned into automatic rebate provider. The Obama Administration is looking to turn the $7500 tax credit for the purchase of those unpopular "green vehicles" into an instant "point of sale" tax rebate immediately payable to the buyer by YOU.

There's more in the complete story linked, including the fact that Senator Debbie Stabenow, a Michigan Democrat who represent the state where GM's headquarters are, is sponsoring this bill, that is also supported by the "Eaton Corp." which is the sole American producer of car recharge systems, and "Battery Electric Vehicle Coalition", a lobbying group for the electric car industry.

Oh, if it makes you feel better about this, you should also know that V.P. Joe Biden loves this idea. He gushingly declares it will be as great as the "cash for clunkers" program.

http://www.washingtontimes.com/blog/...-capitol-hill/