Aug 26 2010
Stop Big Oil Bailouts
USAction has launched a major campaign to get Senator Menendez’s plan to end $20 billion in subsidies for oil companies attached to the Energy and Efficiency bill the Senate is expected to vote on NEXT MONTH.
Earlier this year the Senate failed to pass a bill, introduced by Senator Sanders (I-VT), which would have cut tax-breaks for Big Oil. The good news is that this fall we another chance to demand that our Congress stands with us, the taxpayers, and not Big Oil.
Why?
Because Big Oil is taking us for a ride…
After devastating the Gulf region, BP is aiming to get a $10 billion bailout to recoup their loses despite ruining the economy of an entire region. Exxon Mobil made record breaking profits last year, managed to pay NO income tax, and was able to pocket $46 million from the IRS.
How is this possible?
Big Oil has a strangle hold on Congress.
The oil and gas industry have given over $3,097,000 to U.S. Senators during the current session. As stated by Steve Kretzmann from Oil Change International, Senators that voted against Senator Sanders bill took at least three times the money from the oil and gas industry than those that voted for the bill.
Find out how much your senator has taken.
BIG OIL IS SHAKING US DOWN
Over 65,000 people have already signed on to USAction’s “Stop the Big Oil Bailout” petition, demanding that Congress close the billion dollar tax breaks and subsidies to oil companies like BP and ExxonMobil. After launching this petition drive with the support of other groups like CREDO and Democracy for America, USAction and its online arm TrueMajority will be stepping up the pressure by taking this fight to targeted election districts as we head into the final two months of election season.
It’s time to demand that our senators stop taking dirty money from the oil and gas industry, and start doing what is best for the tax payers. Sign the petition and stay tuned for events near you.
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