Political Quotes

On the recordNovember 8, 2005
tomorrow some of the biggest names in the oil industry are coming to Capitol Hill to testify on why their companies are making record profits at the same time American families are struggling to heat their homes. We are hearing some really big talk from Republicans. Why, if you were Rip Van Winkle, you might actually believe the Republicans were trying to do something about gas prices. Yet the tune they are singing now is really different from the tune they were singing back in the summer when they passed the energy bill. Back then, they were singing from the energy industry's hymn book. The fact is, thanks to a Republican-backed energy bill loaded with taxpayer subsidies to big oil to the tune of $14 billion, American families are struggling with sky-high energy bills and oil companies are struggling for ways to count their cash. Just an example: ExxonMobil recently reported that their profits increased by 75 percent in the third quarter, and so what do we do? We give them $14 billion as taxpayer subsidies to help them run their business plan. Americans are seeing a Congress that has done nothing to help them and do everything to help the oil companies. Mr. Speaker, it is wrong to hand out money to energy companies who are making record massive profits and then cut funding for home heating assistance to our elderly. We need a change. We need new priorities. America can do better. ____________________
Said by
Rep. Rahm Emanuel
Illinois

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