Trump wants to stop sharing Gulf of Mexico oil royalties with Alabama, Louisiana, Mississippi and...

[TexasTowelie]

Trump wants to stop sharing Gulf of Mexico oil royalties with Alabama, Louisiana, Mississippi and Texas

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 for 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.

Read more: http://www.cnbc.com/2017/05/24/trump-to-stop-sharing-gulf-of-mexico-crude-oil-royalties-with-states.html

[Salviati]

1. Hey guys -

Are you getting tired of winning yet?

[applegrove]

3. +100

[madokie]

2. Make the rich start paying their fair share of taxes

ALREADY! Fuck, when are they going to see that the problem is only because of the tax cuts that the 'CONs have foisted upon the rich since reagan. I'm no rocket scientist and I can see where the problem lies.

[LiberalFighter]

5. That is the only way to cut the deficit.

[madokie]

7. back when the country was doing good

building up our infrastructure, interstate hiways etc the tax rate on the rich was in the 90 but yet the rich were still doing good for themselves. Now they want it all.

My question to the rich assholes is just what good is millions and billions of dollars going to do for them

Ought to be a season on the bastards in a just world that is.



I'm not advocating violence but I am advocating Taxing the bastards.

[Quayblue]

4. "But my economic anxiety..." nft

[ecstatic]

6. Karma is being doled out so quickly, it's unreal

I've never seen it work so fast.

[roamer65]

8. Great news for the 2018 midterms!

[manicraven]

9. The Trump voters won't mind! They want to do their part and make America great again!

[nolabear]

12. Oh they'll mind. Trust me.

These are my people. They're rogue af and a WHOLE mess of them thought 45 was a con man, because quite a few of them are in the business themselves. Preachers, politicians in the New Orleans sense of the word, oil workers, gamblers, musicians, revelers, traders, hawkers, voodoo practitioners, strippers...he isn't fooling anyone. They were hoping to play him just like every potential grifter on the face of the earth was. The military, the bigots, the old boys upstate, they'll never waver. But if he turns on them? All bets are off.

I say this with affection. There's a code. It's fairly gangster, though some of them would be horrified I said so.

[yortsed snacilbuper]

10. Alabama, Louisiana, Mississippi and Texas all of which went for Donald Trump in the 2016,

They probably don't mind.

[onecaliberal]

11. They asked for it, now they're getting it.

[MedusaX]

13. Good OIL boys would let *45 have their trophy wives before they'd let him take their OIL $$

Some things are simply not subject to negotiation...
No matter who you think you are...