Obama’s 2014 Budget Proposes Big Increases For Alternative Vehicles

Yesterday in his proposed 2014 budget delivered to Congress, President Obama called for a sizable increase in research spending for alternative technology transportation, including additional help for electric vehicles.

The goal is to cease the need to import foreign oil within the next 10 years. To jump start the initiative, the president called for a 75-percent increase in the Energy Department’s vehicle research budget.