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Wed May 24, 2017, 01:32 PM

Trump wants to stop sharing oil money with Gulf states

Four U.S. states on the Gulf of Mexico stand to lose billions in future payments if a proposal in the president's new budget survives Congressional scrutiny.

The White House on Tuesday proposed ending a program that shares revenue from offshore oil and gas drilling with the states and it does so just as those payments were scheduled to expand significantly.

Alabama, Louisiana, Mississippi and Texas all of which went to Donald Trump in the 2016 presidential election are trying to close their own budget gaps amid a protracted oil price downturn and as the new White House budget asks them to absorb cuts to social welfare programs.

The plan is part of the president's effort to contain the growth of the U.S. federal deficit. The Office of Management and Budget estimates that ending the royalty-sharing program would save the federal government $3.6 billion over a decade.

https://www.msn.com/en-us/money/markets/trump-wants-to-stop-sharing-oil-money-with-gulf-states/ar-BBBurJu?li=BBnbfcN&ocid=edgsp

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Arrow 9 replies Author Time Post
Reply Trump wants to stop sharing oil money with Gulf states (Original post)
Yo_Mama_Been_Loggin May 2017 OP
riversedge May 2017 #1
justiceischeap May 2017 #2
Goodheart May 2017 #7
Zoonart May 2017 #3
Goodheart May 2017 #4
Yo_Mama_Been_Loggin May 2017 #5
TexasProgresive May 2017 #6
DemocratSinceBirth May 2017 #8
no_hypocrisy May 2017 #9

Response to Yo_Mama_Been_Loggin (Original post)

Wed May 24, 2017, 01:36 PM

1. oh, good luck with that

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Response to Yo_Mama_Been_Loggin (Original post)

Wed May 24, 2017, 01:39 PM

2. Since his cult members don't watch anything other than Fox

Someone should put up billboards around these four states.

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Response to justiceischeap (Reply #2)

Wed May 24, 2017, 01:58 PM

7. I'm doing my best right now to remind my fellow Louisianians how silly they all look right now

for ever thinking the Cheeto Buffoon ever really cared about what happened to us.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed May 24, 2017, 01:40 PM

3. Nothing but slave labor to them.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed May 24, 2017, 01:48 PM

4. But, but, but.... last year after our big floods he flew down to unload a couple of boxes

from the back of a truck, about 15 minutes worth, which proved how much he cares about Louisiana!




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Response to Goodheart (Reply #4)

Wed May 24, 2017, 01:52 PM

5. What were in those boxes?

Trump ties or Trump steaks?

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Response to Yo_Mama_Been_Loggin (Reply #5)

Wed May 24, 2017, 01:55 PM

6. My guess

Trump urine.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed May 24, 2017, 02:00 PM

8. So sad...Too bad...

Let them hold bake sales to close their deficits.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed May 24, 2017, 02:11 PM

9. All red states.

And they'd vote to re-elect him too.

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