Breaking Down the Fossil Fuel Handouts in Trump’s “Big, Beautiful Bill”

The $4 trillion Republican spending bill, signed by President Trump on July Fourth, is packed with giveaways to the oil and gas industry. These include tax breaks, opening more public lands and offshore acres to drilling, and a lowering of royalty rates that oil and gas companies must pay for extracting fuel from government lands. Trump’s so-called “big, beautiful” bill is also full of ugly…