In a letter to Treasury Secretary Janet Yellen, Sen. John Barrasso (R-Wyo.) and 21 of his colleagues denounced what they described as the Biden administration’s most recent attempt to use the tax code as a weapon against American energy producers.
The March 16 letter is in response to President Joe Biden’s fiscal year 2024 budget request and concentrates on the $100 billion in targeted tax increases on energy, including coal, gas, and oil extraction.
