How far would Republican go to save $8 billion in giveaways for the most profitable industry in history? First Boehner & Co. try to just get every
January 18, 2007

How far would Republican go to save $8 billion in giveaways for the most profitable industry in history? First Boehner & Co. try to just get everybody to go home, then they accuse Democrats of sympathizing with "dictators" and "terrorists," then when all that falls flat, they try some desperate parliamentary mumbo jumbo.

But the measure passes in a landslide anyway. It was a really pathetic try on their part. How does it feel to be in the minority, Mr. Boehner?

cspan-chavezbill.jpg

icon Download

MLive:

The House rolled back billions of dollars in oil industry subsidies Thursday in what supporters hailed as a new direction in energy policy toward more renewable fuels. Critics said the action would reduce domestic oil production and increase reliance on imports.

The legislation would impose a "conservation fee" on oil and gas taken from deep waters of the Gulf of Mexico; scrap nearly $6 billion worth of oil industry tax breaks enacted by Congress in recent years; and seek to recoup royalties lost to the government because of an Interior Department error in leases issued in the late 1990s.

Democrats said the legislation could produce as much as $15 billion in revenue. Most of that money would pay to promote renewable fuels such as solar and wind power, alternative fuels including ethanol and biodiesel and incentives for conservation.

"The oil industry doesn't need the taxpayers' help. ... There is not an American that goes to a gas pump that doesn't know that," said Majority Leader Steny Hoyer, D-Md.


100 Hours
? Check, check, check, check, check, check and... check. You go, Nancy...

Progress is possible again . (Nicole Belle helped with the post and h/t a C&Ler for making the video)

Help Us Fight Back Against Social Media Censorship

Facebook has been limiting the visibility of our posts after a serious of bogus violations. We need your help now more than ever.

Discussion

We are currently migrating to Disqus

On May 14, 2022, we started migrating our comments from Insticator back to Disqus. During this transition period, some posts will have Insticator and some Disqus. For more information on the transition, as well as information regarding old C&L accounts, please see this post.


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.