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Posted on April 30, 2011 | tags

 
 

Politics: Obama, GOP appear to agree: Big oil needs no tax subsidies

  • Obama Today, the president used his weekly radio address to suggest, in the wake of high gas prices and huge oil company profits, to remove the oil subsidies big oil companies enjoy. This might just be the time to pull it off.
  • GOP In this case … it appears that top GOP figures agree. John Boehner recently suggested removing corporate tax breaks for oil companies (which his staffers have tried to walk back), and Paul Ryan recently made a similar pitch. source