WASHINGTON (AP) — President Barack Obama wants oil companies to pay a $10 fee for every barrel of oil to help fund investments in clean transportation that fight climate change, while the industry is cutting investment, slashing jobs and selling off pipelines and other assets as crude prices plunge.
Obama will formalize the proposal Tuesday when he releases his final budget request to Congress. The $10-per-barrel fee is expected face solid opposition from Republicans who control Congress and oppose new taxes and Obama's energy policies.
NASHUA — A defensive Ted Cruz justified his attempt to woo Iowa voters away from GOP rival Ben Carson at a town hall forum Wednesday in New Hampshire, less than a week before the state's first-in-the-nation presidential primary and two days after winning the Iowa caucuses.
On Tuesday, Carson, a retired neurosurgeon whose outsider campaign has appealed to evangelical voters heavily pursued by Cruz, condemned Cruz for sending an email to Iowa voters hours before the start of the caucuses, suggesting that Carson planned to drop out of the race.
