Taxing You to Subsidize Exxon

Late last year, the President signed the first significant piece of energy reform in decades. I wrote about it here if you are interested.

I previously ranted about this legislation, despite its net positive effect, because it did not include a repeal of subsidies for American oil companies.

Today however, with oil at the highest price it has ever been, the House of Representatives passed a bill that would repeal these subsidies and invest them in wind, solar and other alternative technologies.

President Bush has threatened to veto this legislation. His allies in the Senate are invoking a procedural filibuster to require 60 votes to pass this measure in the hopes that he will not be forced to do so.

In a previous post, I advocated that the Senate Majority Leader, Harry Reid, demonstrate some political courage and reinstate the real filibuster. It is fully within his power to do so.

Make the Republicans (and Democrat Mary Landreiu) explain why Exxon should receive our tax dollars.

I really, REALLY, want to hear that argument.

You can email your Senator - or better yet, Harry Reid himself - via the "Take Action" links on the left of the page.