Obama budget boosts funding, tax credit for electric cars

Christian Science Monitorby Antony Ingram, Christian Science Monitor, April 14 2013

President Barack Obamahas said he wants to boost the Department of Energy’svehicleresearch budget 75 percent to help develop more efficient cars.

In his 2014 budget proposal to Congress on Wednesday, Obama proposes $575 million extra for research, and afurther $2 billion trust fundto help research into getting off foreign oil in the next ten years.

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