Carbon import fee included in budget reconciliation measure

Senate Budget Committee Chair Bernie Sanders (I-VT) and Senate Majority Leader Chuck Schumer (D-NY) instructed the Senate Finance Committee to consider how to use a “carbon polluter import fee” to offset some of the spending in the $3.5 trillion reconciliation package the Senate advanced Wednesday. The instructions, which Sanders sent to Democratic senators on Monday, offered no further explanation of the import fee. Senate Finance Committee Chair Ron Wyden (D-OR) also made no reference to it in a June letter...