The United Auto Workers (UAW) is going after President Joe Biden’s so-called “green energy” agenda for its wage-cutting outcomes while showering billions in American taxpayer money on the three largest automakers in the nation: Ford, General Motors (GM), and Stellantis.
As part of Biden’s Inflation Reduction Act, passed last year, automakers are set to enjoy a massive windfall via tax credits for electric vehicles (EVs) made in the United States, Canada, and Mexico.
UAW President Shawn Fain, as well as the union’s members in Lordstown, Ohio, are sounding the alarm on severe cuts to auto workers’ wages as a result of the Biden administration’s push to steer automakers towards EVs, enticing them with federal subsidies.