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…
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…
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…
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…
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…
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…
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…
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…
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…
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…