Lawmaker Envisions $1-Billion Prize for Gas-Powered 100-MPG Cars

2012 Chevrolet Volt Picture

U.S. Rep. Dan Lungren's (R-Calif.) new bill is the second example in recent weeks of a lawmaker intent on tinkering with the U.S. auto industry. Earlier, U.S. Rep. Mike Kelly (R-Pa.) introduced a bill that would end the $7,500 tax credit for people who buy vehicles like the Chevrolet Volt. | February 09, 2012 | General Motors Corporation