With Big Oil raking in record profits, House Democrats offered a Motion to Recommit to the House Republican short-term spending bill this afternoon making a responsible cut to the budget: putting an end to taxpayer-funded subsidies to large oil companies. Repealing these subsidies would save taxpayers tens of billions over the next decade and even ex-Shell CEO John Hofmeister agrees saying “with high oil prices, such subsidies are not necessary.”
...Republicans voted unanimously against the motion, defeating it by a vote of 176-249.
Geoff Davis, of course, voted with the Republicans on this. Geoff owes us an explanation. Why is he willing to hand over our tax dollars to Big Oil? Could it have anything to do with the $191,270 in contributions that Geoff has accepted from the Oil & Gas industry?
