Political Quotes

On the recordMarch 29, 2012
I want to speak for a moment to the issue that was raised by my colleague from Missouri. Senator Claire McCaskill came to the Senate floor to take note of the vote that had just been issued, the rollcall that was just finished on a measure offered by Senator Menendez from New Jersey. It was pretty straightforward. Here is what it said: The Federal tax subsidies of $2 billion a year to the biggest oil companies in America should end right now. The money in those subsidies should be used to develop other forms of energy--good for our future, clean for our environment, lessening our dependence on foreign oil--and the balance should be put into reduction of our deficit. Two billion dollars a year is going to the four biggest oil companies in America. How are they doing? We all know how they are doing. Last year, again, they broke all records in the history of American business, reporting profits of $137 billion. The notion that we would take away $2 billion from these oil companies and put it into deficit reduction and energy research that could be good for our future seems like a given. In fact, it seems so easy that when we had a vote earlier this week to bring up this measure, over 90 Senators voted yes; let's go to it. What happened on this vote today? We needed 60 votes, which sadly has become the norm in this Chamber. We needed 60 out of 100 Senators to say stop the fat-cat subsidies to the oil companies. We couldn't get it.…
Said by
Dick Durbin
Democratic · Illinois
Source
govinfo.gov
Mar 29, 2012

Share

More from Dick Durbin

Aug 21, 2026

In the coming weeks, we remain committed to supporting our union members during this transition and working with Tyson to ensure that they have access to resources that support their return to work.

durbin.senate.gov
Aug 26, 2026

The President is dead set on attacking Americans’ right to vote and undermining our democracy by making baseless claims about ‘rigged’ elections, demanding unreasonable voter registration requirements, restricting mail-in voting, and…

durbin.senate.gov
Aug 14, 2026

It was a grave mistake for the Senate to approve Todd Blanche as the next Attorney General.

durbin.senate.gov
Aug 21, 2026

The American Red Cross declared a national blood supply crisis in the U.S. last month for just the second time ever, which has impacted patients’ ability to be treated for illnesses or undergo surgery.

durbin.senate.gov

Other voices in this conversation