US lawmakers press Bessent on LNG ships that are taking tax credit | 102.7 Super Hits

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US lawmakers press Bessent on LNG ships that are taking tax credit

Peoria, IL, USA 102.7 Super Hits

By Timothy Gardner

WASHINGTON, April 7 (Reuters) – A group of Democratic U.S. senators on Tuesday pressed Treasury Secretary Scott Bessent on whether enormous tankers that ship liquefied natural gas qualify for a ‌lucrative tax credit meant for smaller boats that burn the fuel.

Here are details about the issue.

(Reporting by Timothy GardnerEditing by Rod Nickel)

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