Wednesday, March 02, 2011

Cutting $40 Billion in Tax Subsidies Gets a Big No From Rep. Roe


My Congressman, Republican Phil Roe, wants to cut spending - just not when it comes to tax subsidies to giant oil companies. He's marching in step with every Republican in Washington who just voted against a measure to end those subsidies.

He'll support cuts in education, job training, community block grants, health care -- but giant oil companies will continue to get our tax dollars.

So while Rep. Roe echoes the claims that the U.S. government is "broke" - we're giving away billions.

"
Also note, ending the subsidies would save the federal government tens of billions of dollars, making a significant dent in the deficit-reduction campaign that Republicans pretend to care about. It's a reminder that the GOP's commitment to fiscal responsibility is shaped in large part by who'll suffer as a result of the cuts -- working families can feel the brunt of the budget ax, under the GOP vision, but ExxonMobil can't." (via Steve Benen)

Cutting $40 billion in tax subsidies gets a big No from Rep. Roe - even though the biggest 5 oil companies made $1 trillion in profits over the last decade.

Just last week, Rep. Roe said:

"
Now as part of our focus on job growth, committees in the House are working to remove unnecessary regulations, and we’re aggressively looking at new ways to cut spending."

I guess education, job training, the elderly, the sick, and those most in need must be sacrificed to insure the profits of giant corporations.

"
Phil Roe has not created even one job in this state though he’s now in his second term as TN-1 Rep. Not one job. I challenge anyone to prove otherwise including Roe himself." (via Ablogination)

SEE UPDATE HERE.

1 comment:

Teri Gaddy said...

Excellent post. Yes, he has been bought lot stock and barrel by the Corporations.

See this skit for info.
http://storyofstuff.org/citizensunited/