We all recognize that we must make calculated decisions to drive down our deficit, but today we see the cold calculations of the Republican leadership, who are cutting hundreds of millions of dollars that would help our Nation's poorest families heat their homes while continuing the billions in taxpayer subsidies we send to big oil companies. My amendment would fully restore LIHEAP funding and reduce the deficit by repealing these $40 billion in tax breaks for Big Oil. Oil companies don't need the 100-year-old tax breaks to sell $100-per-barrel oil while making $100 billion per year. For millions of families across the country this year, heating bills have been piling up along with the snow, and so are the record numbers of people turning to LIHEAP to help them get through the winter. In my State of Massachusetts alone, LIHEAP is projected to help 250,000 families this winter. But even as the mercury has dropped, House Republicans are now considering dropping this important safety net for millions of low-income families nationwide. It takes a frigid heart for the Republican leadership to continue to defend tax breaks for oil and gas companies while putting heating fuel assistance for America's neediest on ice.
Ed Markey: “We all recognize that we must make calculated decisions to drive down our deficit, but today we see the cold…”
Editor's note · Context
Markey criticizes Republican cuts to heating assistance for low-income families while maintaining subsidies for oil companies.
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