Reps. McEachin, Casten, Blumenauer Introduce People Over Petroleum Act to Give $500 Cash Rebate to Consumers Facing Energy Price Inflation Paid for by Repealing $6B of Tax Subsidies for Fossil Fuel
May 25, 2022
May 25, 2022
RICHMOND, Virginia, May 25 -- Rep. A. Donald McEachin, D-Virginia, issued the following news release and letter:
U.S. Representatives A. Donald McEachin (VA-04), Sean Casten (IL-06), and Earl Blumenauer (OR-03) introduced the People Over Petroleum Act to deliver Americans a $500 direct cash rebate paid for by eliminating 11 of the most egregious tax subsidies flowing to fossil fuel companies. According to the IMF, fossil fuels companies receive nearly $650 billion a year in direct a . . .
U.S. Representatives A. Donald McEachin (VA-04), Sean Casten (IL-06), and Earl Blumenauer (OR-03) introduced the People Over Petroleum Act to deliver Americans a $500 direct cash rebate paid for by eliminating 11 of the most egregious tax subsidies flowing to fossil fuel companies. According to the IMF, fossil fuels companies receive nearly $650 billion a year in direct a . . .