Political Quotes

“once again I come to the floor to urge my colleagues to support the Close Big Oil Tax Loopholes Act. To be honest, I am disappointed this bill is facing so much opposition. All across the country, people are talking about ways to rein in the debt and deficit. In Washington, DC, we are having a vigorous debate about the best ways to do that. I happen to think we should cut spending responsibly while continuing to make investments we need to grow the economy and create jobs for our middle-class workers. There are difficult issues we have to work through, but the bill before us should be an easy one. It says that the biggest oil companies in the country should not be getting subsidies from American taxpayers. It says that the $2 billion a year we send to these hugely profitable companies should be used instead to pay down the deficit. I do not understand why this seems to be so controversial. The big oil companies are already making billions of dollars in profits from families across the country who are paying sky-high prices at the pump. In fact, the five biggest oil companies have made nearly $1 trillion in profits in the last decade and $36 billion in the first 3 months of this year alone. It is not enough they are making money hand over fist from families who are now paying sky-high prices. They then come before Congress and make the outlandish claim that they need to be subsidized by taxpayers as well. It does not make any sense, and it has to end.…”