H.R. 1293 aims to update tax incentives and introduce fees for motor vehicles in the U.S. to encourage higher fuel economy. The bill proposes a tax credit for purchasing new vehicles that perform better than the average in terms of energy efficiency, starting from model year...
Simple Explanation
H.R. 1293 is a plan to give money back to people who buy cars that use less fuel and to charge car makers extra money if they sell cars that use a lot of fuel. It's like getting a reward for using a toy that saves batteries and paying more if a toy wastes them.