Obama’s Mileage Standards Imposed ‘Without Regard to Cost’
The Obama administration has rolled out
its new Corporate Average Fuel Economy (CAFE) standards — requirements that will
eventually cost Americans as much as $11,000 more per car.
The new standards, which are opposed by Mitt Romney, would boost automobile
fuel standards from 29.7 miles per gallon now to 35.5 in 2016, then to 54.5 in
“These fuel standards represent the single most important step we’ve ever
taken to reduce our dependence on foreign oil,” President Barack Obama said.
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