By SE North Carolina News |
Mar 22, 2024
Washington, D.C. — Senator Ted Budd (R-NC) has joined a letter to U.S. Treasury Secretary Janet Yellen expressing serious concern over the $110 billion in target tax increases on the production of oil, gas, and coal in the Biden administration’s General Explanations of the Administration’s Fiscal Year 2025 Revenue Proposals (Green Book).The letter, co-signed by Senator Budd and 24 other Senators, expresses grave concern over the administration's approach towards American energy production. It highlights the impact of the proposed tax increases on working families, small...