Not 1 of the 217 Republicans Voting to Slash Food Aid for Hungry Americans Supports an End to Corporate Oil Subsidies
On Thursday September 19 2013, 217 Republican members of the House of Representatives voted to approve H.R. 3102, a bill to push 3.8 million Americans into hunger, kicking them out of the food stamp program despite the fact that they are unemployed or underemployed. How much would the U.S. budget save by pushing 3.8 million people into hunger? $4 billion a year.
On Tuesday February 12 2013, Representative Earl Blumenauer of Oregon introduced H.R. 609, the End Big Oil Tax Subsidies Act. In his introductory remarks, Rep. Blumenauer noted:
Right now, Americans are subsidizing some of the largest and most profitable companies in the world with their tax dollars. Taxpayers
currently subsidize oil injection, extraction, exploration, drilling, injection, manufacturing, pricing, and inventory valuing, by offsetting foreign taxes, providing generous credits and deductions, and offering tax shelters.
The End Big Oil Tax Subsidies Act would end 10 of the most egregious tax loopholes enjoyed by the oil industry — tax loopholes that have helped BP, Chevron, ConocoPhillips, ExxonMobil and Shell make a combined profit of nearly $1 trillion over the past decade…. Extremely profitable, well-established, large corporations do not need enormous subsidies from the government and we simply cannot afford to let them continue. It is well established in a global petroleum market that this subsidy has zero impact on reducing prices for American consumers. Instead of padding the bottom of oil companies, this money could be better spent renewing and rebuilding our nation’s infrastructure. It could be used to stave off some of the most draconian cuts that families will face this spring if Congress does not act on sequestration. Finally, the resources could be redirected to level the playing field for emerging technologies like wind and solar.
I hope my colleagues will join me in supporting this important legislation.
How much would the U.S. budget save by stopping subsidy payments to the world’s most profitable corporations? $8 billion a year — two times the money saved by letting 3.8 million people go hungry.
Not a single one of the 217 Republicans who voted to shove 3.8 million people into hunger has signed on in support of H.R. 609, a bill that would put 0 people into hunger and save twice as much.
Then again, hungry people haven’t doled out $17 million in trackable campaign contributions so far this year year. Three quarters of that total went to congressional Republicans.
Are you looking for a punchline here? Insert your own, in a message you share with someone else. If we want to change this behavior, people have to know about it first.