Chuck Schumer E-mails about Oil-Company Subsidies

This just landed in my inbox:

Hi,

New Yorkers and people across America are paying over $4 a gallon for gas. Should we give Big Oil another few billion dollars on top of that, too?

That’s what we’re doing right now in the form of huge taxpayer-funded subsidies, and it has to change.

Taxpayers currently spot Big Oil over $2,000,000,000 a year in subsidies that are fueling our nation’s deficit without helping pump prices.

Some of my fellow Democratic senators and I have introduced legislation to strip oil companies of their subsidies, but the oil companies are using all their Washington influence to stop us. And the vote to strip oil subsidies is scheduled for TODAY at 6:15 p.m. Eastern.

We need to build more support, and we have no time to lose. We need your help right now.

Sign the petition I started with Senator Sheldon Whitehouse (D-RI) and Senator Claire McCaskill (D-MO) to build support for stripping oil company subsidies today.

Executives from the five biggest oil companies came to testify before Congress this month and beg to keep their taxpayer handouts.

But as I told them at the hearing, they’d have an easier time convincing the American people that a unicorn flew into the hearing room than that these big oil companies need taxpayer subsidies. That’s the real fairy tale.

These are especially egregious when we’re doing everything we can to reduce the deficit. We need to make cuts, and this is definitely something we can cut.

If you’d rather see cancer research funding and student financial aid cut, do nothing.

If you want cuts to Big Oil’s taxpayer giveaways, fight for them now. Sign the petition Senators Whitehouse and McCaskill and I are circulating.

Thanks for your support,

Chuck Schumer

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