TodayEco.com

26 Apr '11, 6pm

Amazing! Boehner supports cutting oil subsidies for five whole minutes

Apparently the whole "we support handing out bags full of money to the rich because we care about the little guy" act is harder to keep up than we'd realized. Put John Boehner under a little pressure about oil company subsidies and he buckles like a belt. ABC News reporter Jonathan Karl got the speaker to admit that oil companies "ought to be paying their fair share," that "big oil companies don't need to have the oil depletion allowances" (roughly a $1 billion annual subsidy) and that "we should be looking at" Obama's proposals to cut oil company tax breaks. Good god, man, you sound like some kind of Communist. Feeling cognitive dissonance about this? Don't worry, none of it actually happened, according to Boehner spokesman Michael Steel. "The speaker made clear in the interview that raising taxes was a nonstarter, and he's told the president that. He simply wasn't going ...

Full article: http://www.grist.org/list/2011-04-26-boehner-supports-cut...

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