Senate Democrats

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Reid: Republicans Side With Big Oil, Block Vote To End Billions In Giveaways To Wealthy Oil Companies

Washington, D.C.—Nevada Senator Harry Reid released the following statement after Republicans blocked a vote on repeal of taxpayer-funded subsidies for oil companies making record profits: “Republicans would rather cut college scholarships, slash cancer research and end Medicare than take away taxpayer-funded giveaways to oil companies that are raking in billions in profits. That tells you…

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McCaskill, Senate Democratic Leadership Call For Investigation Into Gasoline Price Fixing By U.S. Refiners

Senators Send Letter To Federal Regulators Expressing Concern Over Signs of Refiners Stockpiling Oil To Keep Prices High Refiners’ Output Has Dropped 900K Barrels Per Day Since Last Year, But Profit Margins Have More Than Doubled In That Span Washington, D.C.—With new reports suggesting that refiners are cutting back on U.S. gasoline stockpiles in order…

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How It’s Playing: Editorial Boards Across The Country Slam Republicans For Protecting Taxpayer-Funded Giveaways To Big Oil, Instead Of Using The Money To Pay Down The Deficit

Local Editorial Boards Not Buying Spin From Republicans And Oil Company CEOs Lakeland, Florida Editorial: “Speaker Boehner Had It Right The First Time When He Said Big Oil Companies Don’t Need Those Tax Breaks” Wall Street Journal Editorial: “Maybe Mr. Mulva Should Work On Being A Better American” Philadelphia Daily News: We Should Cut The…

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Reid: Big Oil Executives Fail To Justify Why They Deserve Taxpayer-Funded Handouts When We Could Be Using The Money To Pay Down The Deficit

“The CEOs of the five biggest oil companies proved our point.  They failed to explain why American taxpayers should continue throwing their hard-earned money at oil companies that are raking in record profits. We should be using that money to pay down the deficit, instead of cutting vital programs like cancer research and student loans. The only…

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Reid: If GOP Is Serious About Reducing Deficit, Taxpayer-Funded Bonuses For Oil Companies Are An Easy Place To Start

‘Taxpayer giveaways to companies pulling in record profits are the epitome of wasteful spending.’ Washington, D.C.–Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding tax giveaways for oil companies: “As I speak, the heads of the five largest oil and gas companies in the world are testifying across the street. …

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Outside The Beltway: Local Media Continues To Highlight Senate Democratic Efforts To End Taxpayer Subsidies For Oil Companies, Use Money To Cut The Deficit

Baltimore Sun: Cardin Asks Oil Companies To Give Up Tax Breaks. “On the day before the heads of the country’s five largest oil companies are due for a Senate Finance Committee grilling on tax subsidies, Sen. Benjamin L. Cardin is asking them to admit that they no longer need the breaks. The Maryland Democrat is…

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In Letter, Reid And Menendez Urge Senate Republicans To Cosponsor Legislation To Bring Down Deficit By Ending Wasteful Handouts To Big Oil Companies

Letter Calls On Republicans To Join Effort To Close Tax Loopholes And End Unneeded Subsidies For Big Oil Companies Raking In Record Profits While Hiking Prices Money Saved Would Reduce The Deficit By Tens of Billions Washington, DC—Nevada Senator Harry Reid and New Jersey Senator Robert Menendez today sent a “Dear Colleague” letter to Senate Republicans asking them to…

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In Letter, Reid And Menendez Urge Senate Republicans To Cosponsor Legislation To Bring Down Deficit By Ending Wasteful Handouts To Big Oil Companies

Letter Calls On Republicans To Join Effort To Close Tax Loopholes And End Unneeded Subsidies For Big Oil Companies Raking In Record Profits While Hiking Prices Money Saved Would Reduce The Deficit By Tens of Billions Washington, DC—Nevada Senator Harry Reid and New Jersey Senator Robert Menendez today sent a “Dear Colleague” letter to Senate Republicans asking them to…

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Democrats Urge Oil CEOs To Admit They No Longer Need Taxpayer-Funded Handouts

Senators Release Letter On Eve Of Major Senate Hearing Where Heads Of Five Largest Oil Companies Will Testify Money Saved By Revoking Wasteful Giveaways Would Reduce Deficit Washington, DC—Today Democrats sent a letter to the CEOs of the Big Five oil companies urging them to admit in Senate hearings tomorrow that they no longer need…

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Democrats Urge Oil Ceos To Admit They No Longer Need Taxpayer-Funded Handouts, Use Money To Cut Deficit Instead

Senators Release Letter On Eve Of Major Senate Hearing Where Heads Of Five Largest Oil Companies Will Testify Money Saved By Revoking Wasteful Giveaways Would Reduce Deficit Washington, DC—Today Democrats sent a letter to the CEOs of the Big Five oil companies urging them to admit in Senate hearings tomorrow that they no longer need…

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