Barrasso Questions Treasury Secretary Yellen on Record-High Gas Prices and Inflation

U.S. Treasury Secretary Janet Yellen testified at a U.S. Senate Committee on Finance hearing Tuesday on President Biden’s Fiscal Year 2023 budget request. U.S. Senator John Barrasso (R-WY) questioned Yellen on how the Biden administration plans to address the record-high gas prices and inflation impacting Americans across the country.

Senator John Barrasso

Barrasso, while addressing Yellen, said her Fiscal Year 2023 Budget and Revenue proposals include tax hikes that specifically target U.S. energy production.

Senator John Barrasso

Barrasso said some of the oil and natural gas leases in Wyoming that are affected by the sue-and-settle agreement are from 2015 all the way up to the end of the last administration.

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Last modified: June 8, 2022