Showing posts with label Oil Subsidies Repeal Blocked By Industry-Bankrolled Senators (CHART). Show all posts
Showing posts with label Oil Subsidies Repeal Blocked By Industry-Bankrolled Senators (CHART). Show all posts

Thursday, May 19, 2011

Oil Subsidies Repeal Blocked By Industry-Bankrolled Senators (CHART)

WASHINGTON -- An attempt to repeal some of the billion-dollar tax breaks enjoyed by the five biggest oil companies failed in the Senate Tuesday evening, as expected, when all but two Republicans and three Democrats voted to block its consideration. The final vote was 52 in favor, 48 against -- eight votes shy of the filibuster-proof majority needed to bring the bill to the floor.