Senator Lankford Proposes Driller Tax Relief

This is a Oklahoma news story, published by MSN, that relates primarily to James Lankford news.

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Inflation Reduction Act

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Business & Economics

Sen. Lankford on push for oil & gas driller tax relief, GOP policy priorities and Trump tariffs

Summary

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58% Informative

Oklahoma Senator James Lankford is pushing a bill to get oil and gas drillers relief from the corporate alternative minimum tax that was imposed by the Inflation Reduction Act .

Senator Lankford says negotiation began 3 days ago and will continue until that that that bill gets put.

The negotiation began about nine months ago when the Finance and Means Committee , sat down privately and said, OK, let's say all the different.

The president is looking at potentially February 1st for tariffs of 25% on Canada and Mexico , 10% additionally on China .

The president's been pretty clear, we're going to put tariffs on you. But if you want to get access to the American market, you've got to open up your markets as well. We've been passionate about trade for a long time when other countries put high tariffs on us to be able to block our products going to them.

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informal

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English

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not offensive

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not hateful