GOP leaders unleash on Janet Yellen over $110B energy tax hike
Fox News
FIRST ON FOX: A group of 24 Senate Republicans are blasting the Biden administration for pursuing a $110 billion tax hike on American fossil fuel producers.
Thomas Catenacci is a politics writer for Fox News Digital.
"The administration has once again doubled down on weaponizing the tax code against U.S. energy producers," Barrasso and the other senators wrote. "It is alarming that the administration believes utilizing our nation’s abundant natural resources will be detrimental to long-term energy security."
"Sadly, the administration would willingly suppress energy production knowing it means fewer jobs and higher prices for the American people," they continued. "America is fortunate to have abundant energy resources. Our nation needs to be focused on unleashing American energy and innovation instead of throwing away one of our biggest economic and geopolitical advantages."
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