Summary
WASHINGTON - House Republicans on Thursday refused to support billions of dollars in new taxes on oil companies as lawmakers in both parties looked for ways to soothe election-year rage over high gasoline prices.
Senate Republicans proposed a $100 fuel-cost rebate for millions of taxpayers. Democrats talked of a two-month suspension of the 18.4- cent per gallon federal gasoline tax.See the full content of this document
Extract
House Kills New Taxes On Big Oil
Despite the jockeying for advantage, economists and energy experts generally agreed that the government has f...
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