| irishgrl |
01-14-2007 04:52 PM |
Dems have Big Oil in their sights!
New bill on Hill aims to repeal Big Oil Subsidies
Quote:
Bill Would Repeal Subsidies for Big Oil Companies
Weekend Edition Sunday, January 14, 2007 · This week, Democrats in the House of Representatives continue their "100 hour" agenda. One item on that list is subsidies to oil companies.
Democrats want to repeal big-oil subsidies and plow the money into tax incentives for renewable energy. Last year, Rep. Jim McDermott (D-WA) sponsored a similar bill that failed to pass in the Republican-controlled House. He speaks to John Ydstie about this bill's chances in a new Congress.
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HUZZAH! HUZZAH!
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