U.S. President Signs $1.8 Trillion Spending Bill That Lifts Ban on U.S. Oil Exports

Edited by Ivan Martínez
2015-12-21 14:25:11

Pinterest
Telegram
Linkedin
WhatsApp

Washington, December 12 (RHC)-- U.S. President Barack Obama has signed a $1.8 trillion spending and tax cut package after Congress passed the deal in a rare moment of bipartisan unity.

The measure expands military spending and provides a billion-dollar tax loophole sought by the hotel, restaurant and gambling industry. It also lifts the 40-year ban on exporting U.S.-produced crude oil, a move Oil Change International called "a disaster for the climate." Democratic leaders said lifting the ban was crucial for winning Republican support and Obama praised Congress for passing the bill.



Commentaries


MAKE A COMMENT
All fields required
NOT TO BE PUBLISHED
captcha challenge
up