And if we fail to count it as an additional source of revenue being held by the Federal Government, is it not true that it would be subject to a budget point of order, which would then require 60 votes, and that would allow the oil companies to find 41 friends on the Senate floor--and I think I know where they will start looking--to defeat this effort to create this tax?
Senator Durbin discusses the implications of budget rules on proposed taxation of oil companies.
Share
More from Dick Durbin
It was a grave mistake for the Senate to approve Todd Blanche as the next Attorney General.
Nominations hearings, like this one today, are an essential part of the Senate’s role in providing advice and consent on presidential nominees. This constitutional duty is a critical check on the Executive Branch. And it has never been…
Simply put, no president has the authority to unilaterally demolish and remodel the country’s White House in such a significant manner without congressional approval.
“The highest court in the land shouldn’t have the lowest ethical standards. Public trust in the Supreme Court remains near historic lows, and every story of a luxury gift or questionable failure to recuse contributes to it. The American…
Other voices in this conversation
