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If you want an electric car, buy one this week

If you're thinking of buying an electric car any time soon, you'd better place your order before President Biden signs the Democrats' big climate, tax and health care package into law — which could happen as soon as this weekend.

Why it matters: Democrats initially hoped to dramatically increase EV adoption via the bill, called the Inflation Reduction Act, by expanding the existing consumer tax credits for battery-powered vehicles.


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