Tuesday, December 05, 2006

Hybrid tax credits not on Congress' radar?

Toyota spokeswoman Martha Voss told the San Francisco Chronicle that hybrid tax credits do not seem to be on the radar screen of Congress, at least not in the near term. "There was talk of some people on the House and Senate side wanting to introduce bills" that would extend the hybrid tax credit for at least another year, Voss stated. "Since Congress changed hands, they're taking care of other business right now. They have a lot to do before they come back next year. We don't have any signals that there is something urgently pending," Voss says.

I wonder whether if it was GM or Ford that was running out of tax credits for their hybrid cars if Congress would take the matter more seriously? For some reason I'm sure Congress doesn't mind slowing down Toyota's foreign-oil dependency fighting success.

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