On the recordJune 23, 2011
All that we do here is make choices. All of these laws are choices about solving this international problem. Do we want to solve it this way or that way? It's about choices. This issue of how we're going to deal with the budget and the budget deficit is about choices. The Republicans have made a very clear choice. They are deciding that their choice is to reduce the benefits to seniors--Medicare, Medicaid benefits, an almost $900 billion cut in the Medicare program that provides support for seniors who are in nursing homes--and to terminate Medicare so that you're forced into a private insurance market. That's the choice that they've made rather than to go and get our money back from Big Oil. {time} 1900 Choices, they have refused both here on the floor, refused to take back the subsidies that were given to the big oil companies, I suppose arguing that somehow these oil companies are hurting, that they're not profitable. Well, not so. Just take a look here just this last year. ExxonMobil saw a 69 percent increase in their profits, $10.7 billion profit; Oxy, 46 percent, $1.6 billion; Conoco, 43 percent increase, $2.1 billion; Chevron, 36 percent, $6.2 billion; BP, 16 percent increase, $7.2 billion. Oh, by the way, you know who's billion dollars those are? Those are the folks that buy gasoline and diesel at the pumps.…
Source
govinfo.gov




