Reid To Boehner: If You Want $2 Trillion In Cuts, Start With Oil And Gas Tax Breaks

http://www.huffingtonpost.com/2011/05/10/reid-to-boehner-if-you-wa_n_859894.html

WASHINGTON -- Less than a day after House Speaker John Boehner (R-Ohio) demanded that the debt ceiling not be lifted unless the government reduce spending by $2 trillion, Democrats are calling his bluff.

Senate Democratic leadership is asking Boehner to reaffirm support for ending tax breaks to five of the top oil companies as part of his quest to achieve federal savings.

“You can't talk about cuts without first looking at eliminating the giveaways to big oil. It should start there,” Jon Summers, a top spokesman for Senate Majority Leader Harry Reid (D-Nev.), said in a statement. “We agree we have to cut spending, but it is ridiculous for Republicans to push a plan to kill Medicare while trying to defend taxpayer handouts to big oil companies that are making record profits. They don't need the money. If Republicans are serious about cutting spending, they'll support our plan to eliminate welfare for Big Oil so we can apply that money toward the deficit.”

Summer’s retort comes just hours after Boehner upped the stakes over the debt ceiling debate: He told a Wall Street crowd that his caucus would not sign off on raising the limit -- which stands at $14.3 trillion -- unless it was attached to strict spending reductions. Tax increases, he added, are off the table.

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Go ahead, Boner, reject that one, heh, heh.

He needs to run into the immovable force that is Harry Reid's spine.

I didnt know he found it.

Others in his group see the writing on the wall, why can't he get it? I was listening to NPR the other day and I heard that even one of the Reagan Cabinet guys is telling them they are going to have to raise taxes. They were in the same boat back after all the cutting Reagan did, and they had to raise taxes. He's just putting off the inevitable! And he's screwing himself to feed from the corporate teet.
Duckie

at this point we are lucky he remembers where he sits on the house floor.

after 2010. That's all I can think of.

Damn. He must be close to announcing his retirement.

Because I don't think it's possible for a Senator to suggest that MAYBE oil companies might see an end to their gravy train without losing A BIG CHUNK of their campaign money.

He must have something else lined up for his retirement. Like an insurance or banking consulting job.