'Climate Hawks Tell Super Committee To Kill $122 Billion In Oil Subsidies'

this is why we protest............from think progress........

"A group of 35 progressive climate hawks in the House of Representatives want the special deficit committee to end Big Oil subsidies worth $122 billion over the next 10 years. In a letter to committee chairs Rep. Jeb Hensarling (R-TX) and Sen. Patty Murray (D-WA), Reps. Peter Welch (D-VT), Earl Blumenauer (D-OR), and 33 other House Democrats ask for the end of the subsidies because “the United States can no longer afford to give away billions of dollars every year to corporations earning billions of dollars in profits”:

In the current budgetary environment, the United States can no longer afford to give away billions of dollars every year to corporations earning billions of dollars in profits and costing American taxpayers twice: at the pump and through the tax code. We urge the Joint Select Committee on Deficit Reduction to consider eliminating subsidies for fossil fuels as an excellent source of deficit reducing savings. According to a coalition of organizations, eliminating subsidies to the fossil fuels industry could reduce our national debt by up to $122 billion over ten years"..............READ MORE