Senate Democrats

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Menendez, Brown, McCaskill And Tester To Big Oil: Your Subsidies Are Over

Senators Announce Legislation To End Tax Subsidies For “Big 5” Oil Companies And Call On Republicans To Join Effort To Close Loopholes $21 Billion Recouped Over 10 Years Will Go Toward Reducing The Deficit Washington, D.C.– With the nation’s five largest oil companies taking home nearly $1 trillion in profits over the past decade, a…

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Menendez, Brown, Mccaskill And Tester To Big Oil: Your Subsidies Are Over

Senators Announce Legislation To End Tax Subsidies For “Big 5” Oil Companies And Call On Republicans To Join Effort To Close Loopholes $21 Billion Recouped Over 10 Years Will Go Toward Reducing The Deficit Washington, D.C.– With the nation’s five largest oil companies taking home nearly $1 trillion in profits over the past decade, a…

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Reid: Why Are Taxpayers Giving $4 Billion A Year To Oil Companies Making $4 Billion In Profits A Week?

Washington, D.C.–Nevada Senator Harry Reid made the following remarks today on repealing wasteful subsidies for big oil companies. Below are his remarks as prepared for delivery: “Saving money requires a lot of difficult choices.  Which programs do we cut in tough times?  Which priorities are more important than others?  As we’ve seen here in the…

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In Letter, Reid, Menendez Urge End To Wasteful Handouts To Big Oil Companies

Call On Senate Colleagues To Join Effort To Close Tax Loopholes And End Unneeded Subsidies For Big Oil Companies That Rake In Record Profits While Hiking Prices Money Saved By Revoking Handouts Will Go Towards Reducing The Deficit Washington, DC—Nevada Senator Harry Reid and New Jersey Senator Robert Menendez today urged Senate colleagues to join…

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In Letter, Reid, Menendez Urge End To Wasteful Handouts To Big Oil Companies

Call On Senate Colleagues To Join Effort To Close Tax Loopholes And End Unneeded Subsidies For Big Oil Companies That Rake In Record Profits While Hiking Prices Money Saved By Revoking Handouts Will Go Towards Reducing The Deficit Washington, DC—Nevada Senator Harry Reid and New Jersey Senator Robert Menendez today urged Senate colleagues to join…

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After Speaker Boehner Agrees It’s Time For Big Oil Companies To ‘Pay Their Fair Share,’ Will Senate GOP Continue To Filibuster Against Repeal Of Wasteful Oil Subsidies?

In Interview Monday, Speaker Breaks From GOP Senate Leaders, Says Open To Ending Certain Tax Breaks for Big Oil SPEAKER JOHN BOEHNER: Right. Listen, they’re gonna pay their fair share in taxes and they should… We’re in a time when– when the federal government is short on revenues. We need to control spending but we…

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Reid: End Handouts To Big Oil, Invest In Clean Energy To Spur Economy And Protect National Security

Washington, DC—Nevada Senator Harry Reid released the following statement in response to President Barack Obama’s letter urging Congressional leaders to end tax breaks for oil companies making record profits: “I agree with the President that it is long past time to end wasteful subsidies to big oil companies that are raking in record profits. If Senate Republicans are…

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Reid Statement On The One-Year Anniversary Of The BP Oil Spill

Spill Is A Reminder Of The Need To Reduce Our Reliance On Oil Beijing, China – Nevada Senator Harry Reid issued the following statement on the first anniversary of the BP oil spill, which began in the Gulf of Mexico on April 20, 2010. Reid is in China this week, leading an historic delegation of…

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Fact Sheet: One Year After BP Disaster, Republicans Give Tax Breaks To Big Oil Paid For By Re-Opening The Donut Hole For Seniors

Republican Budget Protects $44 Billion In Tax Breaks For Big Oil And Gas Companies While Cutting Prescription Drug Benefits For Seniors By The Same Amount Republican Budget Protects Nearly $44 Billion in Tax Loopholes and Subsidies For Oil and Gas Companies While Forcing Seniors To Pay the Same Amount in Additional Costs for their Prescription…

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With Gas Prices Rising, Senate Democrats Urge Mcconnell, Boehner To Abandon Plans To Gut Oil Speculation Watchdog

With Excessive Oil Speculation Driving Up Gas Prices, Democratic Senators Oppose GOP Efforts To Scale Back Enforcement of Oil Market Manipulation Republican Budget Would Also Decimate Investments In Clean Energy, Making America More Reliant On Oil From Unstable Regions Of The World Democrats Release New Web Video Compilation Of Independent Experts Explaining How Excessive Speculation…

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