U.S. Economic Officials Says Biden Considering Oil & Tax Windfall Tax ...Middle East

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U.S. Economic Officials Says Biden Considering Oil & Tax Windfall Tax
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A White House economic advisor told a panel on Thursday that the Biden administration is now considering the U.S. congressional proposal that would place a windfall tax on oil and gas as prices at the pumps continue to soar, Reuters reports. "We are very much open to any proposal that would provide relief to consumers at the pump," National Economic Council deputy director Bharat Ramamurti told a Roosevelt Institute panel, as cited by Reuters. Ramamurti said the White House was “engaging in conversations” with Congress about a windfall…

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