Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

trof

(54,256 posts)
Sun Aug 12, 2012, 08:45 AM Aug 2012

12 things you should know about Paul Ryan: (TruthOut)

My two favorites:

7. Keeps $40 billion in subsidies for Big Oil. In 2011, Ryan joined all House Republicans and 13 Democrats in his vote to keep Big Oil tax loopholes as part of the FY 2011 spending bill. His budget would retain a decade’s worth of oil tax breaks worth $40 billion, while cutting “billions of dollars from investments to develop alternative fuels and clean energy technologies that would serve as substitutes for oil.” For instance, it “calls for a $3 billion cut in energy programs in FY 2013 alone” and would spend only $150 million over five years — or 20 percent of what was invested in 2012 — on energy programs.

8. Family stands to benefit from oil subsidies. Ryan “and his wife, Janna, own stakes in four family companies that lease land in Texas and Oklahoma to the very energy companies that benefit from the tax subsidies in Ryan’s budget plan,” the Daily Beast reported in June of 2011. “Ryan’s father-in-law, Daniel Little, who runs the companies, told Newsweek and The Daily Beast that the family companies are currently leasing the land for mining and drilling to energy giants such as Chesapeake Energy, Devon, and XTO Energy, a recently acquired subsidiary of ExxonMobil.”
http://truth-out.org/news/item/10837-twelve-things-you-should-know-about-vice-presidential-candidate-paul-ryan

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
12 things you should know about Paul Ryan: (TruthOut) (Original Post) trof Aug 2012 OP
Ryan --- the son Willard always wanted Angry Dragon Aug 2012 #1
Latest Discussions»General Discussion»12 things you should know...