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Senate Bill Targets Russia's Wallet | Charleston News

Senate Bill Targets Russia's Wallet | Charleston News

Published 2 weeks ago
Description

A new Senate bill targets Russia’s war funding by slashing tariffs on oil and gas imports from top buyers like China and India, scaling back from 500% to 100% to avoid hurting allies. Designed as a tribute to late Senator Lindsey Graham, who championed the effort until his passing, the bill includes exemptions for nations importing less than 15% of their gas from Russia. Senators are pushing for an immediate vote, confident it’ll pass as both a legacy honor and a show of U.S. resolve for Ukraine.

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