Showing posts with label Kyl Defends Taxpayer Subsidies For Richest Oil Companies. Show all posts
Showing posts with label Kyl Defends Taxpayer Subsidies For Richest Oil Companies. Show all posts

Sunday, June 26, 2011

Kyl Defends Taxpayer Subsidies For Richest Oil Companies

Appearing on Fox News Sunday with Chris Wallace, Sen. Jon Kyl (R-AZ) argued that budget talks should not include the reduction of oil and gas subsidies. Kyl, who abandoned budget negotiations with the White House this week, claimed that eliminating $2 billion in annual subsidies for the richest oil companies — instead of slashing programs that feed the poor and protect the middle class — would “hurt the American consumer”: