Dems Revive Legislation to Return Big Oil’s Profits to Struggling US Families
With Big Oil poised to profit from a price spike driven by the US-Israeli war on Iran, congressional Democrats on Wednesday revived an excise tax that proponents say would put money back in the pockets of struggling American workers. Sen. Sheldon Whitehouse (D-RI) and Rep. Ro Khanna (D-Calif.) reintroduced the Big Oil Windfall Profits Tax Act “to curb profiteering by oil companies and provide…