#proposals

On Thursday, Senator Chuck Schumer (D-NY) proposed a $454 billion plan aimed at converting the United States from a gasoline-powered nation to one driven primarily by electricity. Under the 10-year plan, automotive consumers would get rebates ranging from $3,000 to over $5,000 (based on efficiency), plus another $2,000 for low-income buyers, for the purchase of electric vehicles made in America.

“This proposal to bring clean cars to all of America will be a key component of the far-reaching climate legislation from Senate Democrats, and I’m proud it has a broad coalition of support,” the senior senator said in a statement.

Much like the haphazard way Schumer insists on wearing glasses at the outermost tip of his nose, begging for gravity to take them, his plan has us mildly concerned.

President Barack Obama unveiled his annual budget Monday, which includes a proposition to tax corporate foreign earnings to fund the nation’s roads.

The National Highway Traffic Safety Administration unveiled its plan to institute minimums regarding vehicle-to-vehicle communications in an effort to bolster driver safety.

Outgoing chair of the U.S. Senate Commerce Committee Senator Jay Rockefeller of West Virginia (pictured at right) has proposed legislation that would authorize increased funding and authority to the National Highway Traffic Safety Administration to deal with safety defects in vehicles.

As part of a $302 billion, four-year plan to fund both infrastructure and highway funding, U.S. Transportation Secretary asked Congress to allow the National Highway Traffic Safety Administration to boost its maximum fine from the current $35 million levy to $300 million.