NEW VIDEO Shows Leading Republicans Expressing Support For Repealing Subsidies For Oil Companies Snowe: Subsidies Are “Unnecessary” And “Reckless” Thune: “If In Fact They Are Making Such Enormous Profit, Perhaps They Don’t Need The Support Of The Tax Incentives That Are Given To Them By The American Taxpayer” Collins: We Should Not “Continue to Subsidize…
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…
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…
“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…
‘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. …
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…
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…
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…
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…
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…