But apparently it's not a big enough problem to prevent Republicans from continuing to hand over billions of precious taxpayer money to the oil industry (the LAST people who need it).
Republicans pretend to be full of concern for the budget, but in truth they're just full of s$#t. If they actually cared about the debt, they'd stop handing over your money to oil companies and gajillionaires.
http://climateprogress.org/2011/03/01/house-gop-big-oil-subsidies/
House GOP all vote to protect Big Oil subsidies
March 1, 2011
House Republicans voted in lockstep this afternoon to protect corporate welfare for Big Oil, even as they call for draconian cuts to programs that everyday Americans depend on each day. ThinkProgress has the story.
As the House of Representatives moved toward approving a stopgap resolution to avert a government shutdown for another two weeks, Democrats offered a motion to recommit that would have stripped the five largest oil companies of taxpayer subsidies, saving tens of billions of dollars in taxpayer funds.
The motion failed on a vote of 176-249, with all Republicans voting against (approximately a dozen Democrats joined the GOP). A similar vote two weeks ago to recoup $53 billion in taxpayer funds from Big oil was also voted down, largely along party lines. The former CEO of Shell Oil, John Hoffmeister, recently said Big Oil doesn’t need subsidies “in face of sustained high oil prices.” From 2005 to 2009, the largest oil companies have made a combined $485 billion in profits.
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