3/27/12

Your Senators from New York want to waste your money and crap up your State with industrial wind.


This report from The Hill's Energy & Environment blog:

Senate Dems, GOP open election-year fight on oil tax breaks

By Ben Geman and Andrew Restuccia - 03/26/12 06:00 PM ET

The Senate voted 92-4 Monday to begin an election-year floor debate over Democratic legislation to repeal oil industry tax breaks, a plan that’s unlikely to ultimately pass but provides a platform for partisan warfare over gasoline prices.

The procedural vote advanced Sen. Robert Menendez’s (D-N.J.) plan that would raise billions of dollars by removing incentives for the largest oil-and-gas companies, and also extend several green energy and energy efficiency tax breaks.

Further votes are expected later this week.

Most Republicans oppose the bill but GOP members voted Monday for a motion that allows debate to proceed, a tactical move that shows they believe the fight will be beneficial politically.

Senate Minority Leader Mitch McConnell (R-Ky.) said on the floor Monday that “common sense and basic economics” show that raising industry taxes will send gasoline prices even higher.

4 comments:

Anonymous said...

Good morning JLL,

The Democrats want to take money away from the oil people. I don't especially agree with giving to fat cat oil and gas but they do create real jobs, give us real energy and make real profits.
The Democrats want to then give it to solar and wind. They don't and won't ever make a profit without driving home electric energy costs out of sight. What the hell is wrong with my party on this issue. I love Obama but will vote against him on his energy policy because it seriously affects me and my home.

Everybody stay warm, today.

Anonymous said...

Like his health care bill that'll cost more later on and demand that you must have it or pay dearly. We could be energy less depended on foreign oil if he allow more off shore drilling and Alaska.

Oil Poor said...
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Anonymous said...
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