Friday, January 15, 2016
Obama Administration Proposes $4 Billion Investment In Driverless Cars
Car makers and technology firms expect driverless cars to be on the road in ten years. That would not be possible without government regulations and investment in technologies that are required on our roadways. It will be interesting to see whether the GOP House will pass a budget that includes this investment. The automakers are enthusiastic about the government partnership. Republicans will be less enthusiastic about government's role in developing the cars of the future. BMW has already developed a car that conforms to federal regulations. Republicans may be willing to cede this market to foreign producers, or delay progress in this direction, in order to maintain its anti-government and anti-Obama posture.