The Senate on Tuesday blocked a Democratic proposal to strip the five leading oil companies of tax breaks that backers of the measure said were unfairly padding industry profits while consumers were struggling with high gas prices.It's more important for Republicans to give tax breaks to companies that are pulling in ten billion dollars in profits every three months than it is to do anything about the deficit.
Of course, Republicans are concerned about the deficit if it gives them a way to turn the screws on working people and senior citizens. But when it comes to trying to get Big Oil, large multinationals and rich people to cough up a little more, hell, the GOP has their backs.
That has not changed since the day that Theodore Roosevelt left the presidency, for he was probably the last Republican who gave a damn about anyone who wasn't wealthy.
I hate to have to point this out, because I agree with you about the Republicans and Big Oil: but the Democrats are just as bad. In fact, both parties are in the pockets of Big Business. That's why I don't trust either of them.
ReplyDelete*Sigh*
I think this bill was more of getting the Republicans on the record of supporting subsidies to oil companies. It is all politics.
ReplyDeleteProps to TR!
ReplyDelete