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Filed: Timeline
Posted

0: Number of Republicans Who Voted To Cut Taxpayer Subsidies for Big Oil

Posted on March 1, 2011

With Big Oil raking in record profits, House Democrats offered a Motion to Recommit to the House Republican short-term spending bill this afternoon making a responsible cut to the budget: putting an end to taxpayer-funded subsidies to large oil companies. Repealing these subsidies would save taxpayers tens of billions over the next decade and even ex-Shell CEO John Hofmeister agrees saying “with high oil prices, such subsidies are not necessary.”

Rep. William Keating (D-MA) offered the motion on the House floor saying “let’s stop sending taxpayers’ money to the most profitable companies in the world”:

Republicans voted unanimously against the motion, defeating it by a vote of 176-249. Rep. Ed Markey (D-MA), the Ranking Democrat on the Natural Resources Committee, on the vote:

On this first day of March, oil prices came in like a lion, but when it comes to taking away oil company tax breaks and cutting the federal deficit, Republicans act like docile lambs. Today a grand total of zero Republicans were brave enough to say the biggest oil companies don’t need 100 year-old tax breaks to sell $100 per barrel oil to make more than $100 billion per year in profits.

http://www.democraticleader.gov/blog/?p=3631

Filed: Timeline
Posted

The recommittal motion is a last chance attempt to kill/change a bill. I don't think "improving" the bill was on the mind of the Democrats. However, let's see if the issue is taken up again in two weeks. The Republicans would be smart to include something about reducing oil company subsidies in the next go around.

Filed: Lift. Cond. (apr) Country: Spain
Timeline
Posted
  On 3/3/2011 at 6:41 PM, Some Old Guy said:

The recommittal motion is a last chance attempt to kill/change a bill. I don't think "improving" the bill was on the mind of the Democrats. However, let's see if the issue is taken up again in two weeks. The Republicans would be smart to include something about reducing oil company subsidies in the next go around.

Smart and Republicans only go together when its about creating political divisiveness and doing it knowing that many voters will quickly forget so.

 

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