Senate Squashes Bill to End Big Oil Tax Breaks

Democrats’ bid to strip five top oil companies of some of their more generous tax breaks fell eight votes short of the 60 needed to proceed yesterday, with 45 Republican and three Democratic senators voting against it, the New York Times reports. But Democrats say they won’t give up, and…

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Senate Squashes Bill to End Big Oil Tax Breaks

Posted by on May 18, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.