Free Golf Carts: Congress Offers New Green Energy Tax Break

FBN: John Stossel buys an electric golf cart — and uses your tax dollars to pay for it. Tax credits for electric vehicles have become so large that in some cases they actually cover the full cost of the vehicle. Stossel buys his golf cart from a dealership run by Colin Riley in Tuscon, Ariz. He checked in with more than 20 dealers in New York State and found almost all were sold out of the carts. No wonder. But why is Congress so eager to pay for electric vehicles? According to the National Research Council, electric cars emit more harmful pollutants than gas-powered cars, because they rely on the electric grid for power, which is still dominated by fossil-fuels.