When he releases his new budget in two weeks, President Obama will propose doing away with roughly $4 billion a year in subsidies and tax breaks for oil companies, in his third effort to eliminate federal support for an industry that remains hugely profitable.
From Obama’s Bid to End Oil Subsidy Revives Debate – NYTimes.com
So, who is going to come out in favor of giving oil companies taxpayer money? Anyone want to bet if this gets an anonymous hold?
