Power of Story
Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter 5 Share on Facebook 4 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit 1 Share on StumbleUpon Tell A Friend 3 (13 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   No comments

Senators Who Voted To Protect Oil Tax Breaks Received $23,582,500 From Big Oil

Quicklink submitted By       Message Amanda Lang     Permalink
Related Topic(s): ; ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com Headlined to H1 3/30/12

Author 5
Become a Fan
  (9 fans)
In a 51-47 vote, 43 Senate Republicans and four Democrats filibustered to protect $24 billion in tax breaks for Big Oil. Although a majority voted for Sen. Robert Menendez's (D-NJ) bill, it fell short of the 60 needed. The only two Republicans to break rank were Sen. Susan Collins (R-ME) and retiring Sen. Olympia Snowe (R-ME).
A Think Progress Green analysis shows how oil and gas companies have funneled cash to the same senators who protected its handouts:
-- The 47 senators voting against the bill have received $23,582,500 in career contributions from oil and gas. The 51 senators voting to repeal oil tax breaks have received $5,873,600.
-- The senators who voted for Big Oil's handouts received on average over four times as much career oil cash as those who voted to end them.
-- Overall, Senate Republicans have taken $23.2 million... Democrats received $6.66 million...

Read the rest of the story HERE:

At thinkprogress.org

- Advertisement -
- Advertisement -