Topic: H.R.6

Cut oil companies corporate welfare

By Beth Robinson | December 12, 2007 |

The House has passed H.R. 6, a bill containing moderate energy reforms. The best part of this action is a repeal of $13.5 billion in tax breaks for oil companies. Haven’t they been reporting record profits? Some Republicans objected to the repeal, and hope that it can be taken out when the bill goes to the Senate. Aren’t we looking for a way to reduce the federal deficit? Democrats are ’supposedly’ guilty of tax-and-spend. The current administration is just ’spend’.

The bill raises fuel efficiency standards, requiring that cars average 35 miles per gallon by the year 2020. Although this is quite modest compared to other countries standards, it represents the first US increase in efficiency standards in over 30 years.

The bill also mandates that some of the electricity produced by utilities come from renewable sources. Contact your legislators to support this minimal change to US energy policy. Support H.R. 6

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