Adviser Says GOP Could Mull Carbon Tax To Offset COVID-Related Debts

May 22, 2020
A House Republican strategist says the party might be open to backing a carbon tax if the proceeds were used to pay down debt amassed during the COVID-19 pandemic or boost major indebted programs, even though existing proposals have no chance of enactment in the current Congress. “I do think that there is a possibility [for a carbon tax scenario] in taking down the debt, or saving Social Security, you know something like that,” said Dave Banks, the Republicans’ chief...

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