Repeal Tax Giveaways to Oil Companies

[sandnsea]

Woohoo!! This is GREAT. Keepin' up with Kerry, it's Hard Work!!

Kerry Introduces Bill to Repeal Wasteful Tax Giveaways for Oil Companies at Time of Record, Windfall Profits

Below is a statement from Senator John Kerry:

“For a moment, President Bush finally stopped talking like an oil company executive. Farmers, commuters and American families struggling with record gas prices need help more than oil interests which are giving their CEOs $400 million golden parachutes. I will introduce legislation today to repeal the president’s earlier tax giveaways for oil companies. The top oil executives told Congress they don’t need these tax breaks, and I hope the president was sincere today and will work aggressively to get this passed.

“It’s clear every time people fill up at the pump that the current energy policy is broken. The current policy works for big oil interests, not average Americans. Americans need a real plan that will end our dangerous dependence on foreign oil. Continuing to leave our economy and national security entirely at the mercy of the OPEC-controlled petroleum markets is disastrous. We need affordable, clean and reliable transportation fuels that will bring economic growth and stability very soon, not in 30 years.”

[ProSense]

1. Woo hoo!

Please post in GD.

[sandnsea]

3. I did

But I only like to do two so it won't be spamming the board or cross-posting or whatever.

Soooo, please post in GD-P. Thanks!!

[JohnKleeb]

2. Yeah Democrats and Republicans are the same thing

:eyes: Great bill I hope this gets some consideration.

[wisteria]

4. This may not do much to reduce the cost of gas, but it will make

a lot of people feel like the oil companies are getting hit in their pocketbooks too. Although, I will add, they seem to be well able to afford it. I do like the push for alternatives. Maybe now, taking steps to alleviate our dependence on oil will be addressed.