Editor's Pick

Vance calls $500 million federal grant for Michigan electric vehicle plant ‘table scrapsâ€

Republican vice-presidential nominee Sen. JD Vance (Ohio) on Tuesday called $500 million the Biden administration provided as a grant to convert a Michigan plant to one that produces electric vehicles “table scraps.� The senator from Ohio went on to suggest that the half-billion in funding pales in comparison to job losses the auto industry would suffer if Vice President Kamala Harris is elected in November.

After giving noncommittal answers to questions last week in the battleground state over the money allocated to General Motors to convert a Cadillac plant into an electric vehicle plant, Vance was asked again at his campaign event Tuesday in Detroit if a Trump-Vance administration would rescind those funds, a notion Vance rejected. He instead characterized the Biden administration grant as meager and told supporters more investment was needed — though he did not say what investments his administration would support.

“Neither me nor President Trump has ever said that we want to take any money thatâ€s going to Michigan autoworkers out of the state of Michigan,â€� Vance said. “We certainly want to invest in Michigan autoworkers as much as possible. What weâ€ve said is that Kamala Harris is offering table scraps. Five-hundred million dollars when you have an EV mandate thatâ€s going to cost 117,000 autoworker jobs, I think that Michigan autoworkers deserve more than the table scraps of Kamala Harrisâ€s Green New Deal.â€�

The grant is part of a $1.7 billion plan that President Joe Biden unveiled in July to retool 11 auto factories to make electric vehicles and their components, with the largest chunk of funding — $500 million — going to help General Motors convert its plant in Lansing, Mich., from producing internal combustion engine vehicles to electric vehicles. The investment is expected to allow the plant to retain more than 650 jobs and create 50 jobs.

Vanceâ€s comments Tuesday come as Trump has painted the future of the auto industry under Democrats†watch in stark terms, referring to the possibility of a “bloodbathâ€� if heâ€s not elected in November and doubling down on opposing electric cars, which has emerged as a flash point in several key down-ballot races.

Harris, the Democratic nominee, went after Vanceâ€s earlier statements about the plant last week, saying at a Friday rally in Flint, Mich., that the Republican vice-presidential nominee had “suggested that if Trump wins, he might let the Grand River Assembly in Lansing close down — the same plant our administration helped save earlier this year, along with 650 union jobs.â€�

After Vanceâ€s comments on Tuesday, Harris campaign spokesman Joseph Costello called Vance and Trump “out of touch with Michigan.â€�

“Major investments in Michigan auto jobs made possible by Vice President Harris arenâ€t ‘table scraps,†theyâ€re a lifeline that is building the future of American manufacturing,â€� Costello said.

William Martin, Vanceâ€s campaign spokesman, said in a statement Tuesday evening that Vance believed the current administrationâ€s investments in clean energy and electric vehicles “is leaving Michigan autoworkers with table scrapsâ€� and that Trump and his running mate “believe our autoworkers deserve far more than what Kamala Harris has to offer.â€�

Meanwhile, the United Auto Workers, which endorsed Harris, said Trumpâ€s economic plan would lead to job losses among autoworkers.

“The bottom line is that Donald Trump and JD Vance are a menace to the working class and are openly threatening to double down on Trumpâ€s legacy of job destruction,â€� the union said in a statement.

Vanceâ€s assertion that the Democratic ticket supports an “EV mandateâ€� is part of a broader attack Republicans have leveled against Harris and Biden for some time.

The Biden administration has pursued stricter pollution standards for new cars and Harris as a senator in 2019 co-sponsored legislation that would have fully transitioned the United States to zero-emission vehicles. But Harrisâ€s campaign has repeatedly said the vice president does not support an EV mandate. And in Flint, she told rallygoers, “Contrary to what my opponent is suggesting, I will never tell you what kind of car you have to drive.â€�

Michigan Gov. Gretchen Whitmer (D) posted on X that she was “not surprisedâ€� by Vanceâ€s comments on Tuesday, citing the manufacturing job losses in the state during the Trump administration and corporate tax cuts.

“With Vice President Harrisâ€s help, weâ€re building back, bringing jobs to Michigan, and growing our economy,â€� wrote Whitmer, a co-chair of Harrisâ€s presidential campaign. “While Michigan workers are relying on us to protect and keep creating more good-paying jobs, Donald Trump and JD Vance are making it absolutely clear they couldnâ€t care less about Michigan.â€�

This post appeared first on washingtonpost.com

You May Also Like

Investing

By Anushree Mukherjee and Brijesh Patel (Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from...

Editor's Pick

Extremist supporters of former president Donald Trump are lashing out online against Usha Vance, the wife of Trumpâ€s running mate, Sen. J.D. Vance (R-Ohio),...

Investing

Australia is home to a thriving tech sector with investment opportunities across a variety of subsectors. The tech sector contributed about AU$167 billion to...

Editor's Pick

Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

Disclaimer: Dailymarketsolution.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 dailymarketsolution.com