Political Quotes

“Mr. President, I rise to speak to S. 940. Tomorrow evening, we are going to have a vote on whether to proceed to debate this bill, which closes oil and gas tax loopholes, thereby raising a significant amount of additional revenue for important projects in the United States of America. I rise in favor of this motion tomorrow because if we have a successful vote tomorrow evening, we will finally get to debate this issue of whether we should continue to have massive tax giveaways to the most profitable companies in America. Gas is at $4 a gallon. Every American is going to the pump, and they are finding that, once again, the total toll as they fill up their 15- gallon tank in their car is well over $50 and can hit $60. That is a huge chunk out of my family budget, once or twice a week. It diminishes what is available to be spent for other core expenses to the families. Indeed, that $4 a gallon at the gas pump is raiding Americans' pocketbooks. Americans do not also need to be subsidizing the same highly profitable oil companies through their paychecks, through tax loopholes. Make no question, the companies are highly profitable. Oil is now $100 a barrel. So the companies are able to sell oil that costs no more to produce today than it did 1 month ago, no more to produce today than it did 3 months ago, when oil was much lower, no more expensive to produce today than 1 year ago, when it was $3 a gallon. So oil companies are experiencing enormous profits.…”