Follow the Money
A day after Big Oil won a Senate vote that let the five biggest U.S. oil companies keep $2 billion a year in tax breaks, the Senate debated a Republican bill to expand domestic oil production. Sen. Bernie Sanders sized up the situation in an interview with radio host Ed Schultz. "Yesterday's vote tells us the power of big money is so extraordinary, especially on the Republican Party, that what these guys are prepared to do in the name of deficit reduction is to convert Medicare into a voucher program, slash Medicaid, slash education, slash environmental protection, slash nutrition programs for hungry people in this country, but when we ask them to do away with some tax breaks for the major oil companies who have made nearly a trillion dollars in profits over the last decade apparently they can't do that." What do you think? Was Tuesday's vote to block repeal of oil tax breaks right or wrong?
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