Pompeo to introduce ‘Energy Freedom and Economic Prosperity Act’

By: Bob Weeks (Diary)  |  November 1st at 09:50 PM  | 

This week U. S. Representative Mike Pompeo of Wichita plans to introduce the “Energy Freedom and Economic Prosperity Act,” a bill that would eliminate all tax credits related to energy. Tax credits, sometimes called tax expenditures, are spending accomplished through the tax code rather than by legislative appropriations. Two prominent tax credits related to energy production are the tax credit for producing and blending ethanol | Read More »