Treasury’s Adeyemo calls for eliminating subsidies, including to energy companies ...Middle East

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Treasury’s Adeyemo calls for eliminating subsidies, including to energy companies
Economist Adewale “Wally” Adeyemo testifies before the Senate Finance Committee during his confirmation hearing to be Deputy Secretary of the Treasury in the Dirksen Senate Office Building, in Washington, D.C., U.S., February 23, 2021. Jim Lo Scalzo/Pool via REUTERS Acquire Licensing Rights Sept 11 (Reuters) – The United States should think about eliminating corporate subsidies, including to energy companies, U.S. Deputy Treasury Secretary Wally Adeyemo said in New York on Monday. Adeyemo said achieving fiscal sustainability would include modest tax increases, boosting tax revenue collections and finding other ways to cut costs. “We can also think about what we can do to eliminate

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