Senate Democrats

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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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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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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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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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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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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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