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Home»Posts tagged with»giveaway

As Nation Transfixed by Impeachment, Trump Quietly Provides Offshore Drilling Industry ‘Sweetheart Giveaway’

By Andrea Germanos | Common Dreams on Dec 3, 2019   Featured, National, National/World, Politics  

As Nation Transfixed by Impeachment, Trump Quietly Provides Offshore Drilling Industry ‘Sweetheart Giveaway’

Former lobbyist turned Secretary of the Interior David Bernhardt, says critic, probably assumed gift “to his former oil and gas client would slip by unnoticed.” Interior Secretary David Bernhardt was condemned Monday for a proposed policy shift on offshore drilling panned as a “sweetheart giveaway” for a former client.  The new extraction-encouraging proposal was announced […]

US Tax Overhaul Clears House, Senate Prepares to Vote

By Michael Bowman | VOA on Dec 19, 2017   Featured, National, National/World, Politics  

US Tax Overhaul Clears House, Senate Prepares to Vote

CAPITOL HILL — A U.S. tax overhaul passed in the House of Representatives on Tuesday, setting the stage for a final Senate vote expected to give President Donald Trump his first major legislative victory and trigger far-reaching consequences for the U.S. and global economy. The Tax Cuts and Jobs Act was approved 227 to 203, with […]

Senate Oil “Plan”: The Hidden $1.45 Billion In New Oil Subsidies

By Les Gara on Jul 7, 2017   Op/Ed and the Editor  

Senate Oil “Plan”: The Hidden $1.45 Billion In New Oil Subsidies

I like a good fish tale. But when it involves fish, not when it involves politics.  And not when it involves Senate leaders failing to tell you about a new $145 million subsidy they want to give our partners in the oil industry. The Senate started a media push last week, saying that they want […]

Report: Alaska Pays Out More in Tax Credits Than We Take in

By Michael Mason | AKLeg on Mar 3, 2017   Featured, State  

Report: Alaska Pays Out More in Tax Credits Than We Take in

JUNEAU – This week, economists with the Alaska Department of Revenue produced a report analyzing how much Alaska generates in oil production taxes after the state pays out subsidies in the form of oil tax credits.  The report shows that in the next fiscal year, FY 2018, the state of Alaska is slated to pay […]

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