17 May '11, 11pm

Senators who voted to preserve $21B in oil subsidies averaged 4x as much oil cash as the nays.

Majority of Senate votes to repeal oil subsidies Filibuster to protect Big Oil Welfare fueled by oil money May 17, 2011 Brad Johnson has this breaking story . Tonight, Republicans filibustered the majority’s attempt to repeal $21 billion in subsidies for the big five oil companies — the same companies that made over $30 billion in profits in just the first three months of 2011. While three out of four Americans believe Exxon Mobil and the other oil majors should pay their fair share, instead of receiving taxpayer welfare , the oil-friendly Senate split 52 to 48 to end the subsidies. Though the majority of the Senate voted to repeal these oil tax breaks, the procedural motion required a 60 vote threshold. An analysis of campaign contribution records shows the gusher of dirty cash that fueled the filibuster: A Center for American Progress Action Fund analysis finds that the ...

Full article: http://climateprogress.org/2011/05/17/filibuster-big-oil/

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Senate votes down bill to end oil company subsidies, see how they voted and who gets oil money

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Oil subsidy vote was all about the money

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climateprogress.org 17 May '11, 1pm

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