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Biden Budget Proposes Elimination of Oil, Gas Tax Subsidies

March 15, 2023

Source: RIGZONE

Biden Budget Proposes Elimination of Oil, Gas Tax Subsidies

U.S. President Joe Biden’s 2024 budget proposes to eliminate tax subsidies for oil and gas, a White House fact sheet has revealed. “The president is committed to ending tens of billions of dollars of federal tax subsidies for oil and gas companies,” the fact sheet noted.

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