Senator Menendez (D) New Jersey to Big Oil: Your Subsidies Are Over

Posted: May 10, 2011 by The STR in 3rd Party Articles, Common Sense, NEWS & LOCAL NEWS, OPEC Files, Political NEWS & VEIWS, US Senate
Tags: , , , , , , , , ,

I agree, I think we need to cut the subsidies….

U.S. Sens. Robert Menendez (D-NJ), Sherrod Brown (D-Ohio) and Claire McCaskill (D-Mo.), announced the introduction of the Close Big Oil Tax Loopholes Act, which will put an end to taxpayer handouts to the 5 largest oil companies making record profits, and use the billions in savings to help reduce the deficit. The Senators also called on Republicans to support the effort to close the loopholes and join other Republicans, including Speaker Boehner and Representative Ryan, who have voiced support for cutting subsidies.

CLICK HERE for the full article!


Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s