CONSTITUENT: With the oil industry, we’re giving them $63 billion in oil subsidies. And you cut what, thirty one, thirty two billion?
HULTGREN: Thirty nine billion.
CONSTITUENT: Thirty nine? Why don’t you cut out the subsidies? The depletion allowance that they take, four dollar, every quarter its a record profit. C’mon, you don’t have to subsidize an organization, a group of organizations that every quarter they make so much more than they did the last quarter and the quarter before that and so on. How about cutting that out? It’ll give you a nice tidy sum over ten years.
HULTGREN: I’m very open to looking at every subsidy that we do and questioning why we do this. And I want to know. I want to have the answers there. I just–
CONSTITUENT: But there’s no logic there. None whatsoever.
HULTGREN: Well I’ll look into that. That’s something we just talked about on the way into here.
Watch it:
Hultgren mentioned that he had been talking about the oil subsidies issue earlier that day, but had no answer for the question. Although he claimed that he has been “questioning” the subsidies, Hultgren concealed the fact that earlier this year, around the same time he voted for the GOP’s budget cuts, he voted twice to extend billions in tax subsidies to big oil.
Republicans are facing a growing backlash over oil subsidies. Not only have top lawmakers faced angry constituents and questions from the press, but even Tea Partyactivists have called for the GOP to stop giving so much taxpayer money to multinational oil companies.
A few Republican lawmakers, like Rep. Tom McClintock (R-CA), have called for an end to oil subsidies, as well as all other energy subsidies.
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