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JP White (not verified)    January 5, 2012 - 10:07AM

The irony behind the argument that ending the tax credit for EV's will help fix the debt crisis is that it will do the opposite.

We import about $1 Billion in oil every day which contributes greatly to our trade deficit. To fund the trade deficit the US has to borrow money and pay interest on it., which impacts the domestic budget directly. If we could reverse that there would be more money to go around in the US which in turn would help alleviate budget deficits. If we all had more money so would the government. If we keep shipping our money abroad to buy oil, there's less money for us all and the government.

The elected officials do not appear to want to solve the nations problems.

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