On the recordApril 6, 2011
Precisely so. Look at their budget proposal. Their budget proposal says that the oil companies in the last 10 years have earned a profit of $947 billion. That would be $53 billion less than $1 trillion in profits, nearly $1 trillion in profits. Yet our Republican colleagues say they need to continue to be subsidized by the American taxpayers. Hello? What's that all about? Do you want to balance the budget? Remove those subsidies from the oil companies, and let them pay taxes. Why should we be subsidizing the wealthiest industry in the world, the oil industry? That's what they want to do--and you talk about tax breaks. Good heavens. I want to turn now to our colleague from the great City of Detroit. We loved that advertisement in the Super Bowl. We now call Hansen Clarke the ``imported from Detroit Representative.'' Please share with us your thoughts here.
Source
govinfo.gov
