Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

ProSense

(116,464 posts)
Thu Mar 29, 2012, 08:59 PM Mar 2012

Senators Who Voted To Protect Oil Tax Breaks Received $23,582,500 From Big Oil [View all]

Senators Who Voted To Protect Oil Tax Breaks Received $23,582,500 From Big Oil

By Rebecca Leber

In a 51-47 vote, 43 Senate Republicans and four Democrats filibustered to protect $24 billion in tax breaks for Big Oil. Although a majority voted for Sen. Robert Menendez’s (D-NJ) bill, it fell short of the 60 needed. The only two Republicans to break rank were Sen. Susan Collins (R-ME) and retiring Sen. Olympia Snowe (R-ME).

A Think Progress Green analysis shows how oil and gas companies have funneled cash to the same senators who protected its handouts:

– The 47 senators voting against the bill have received $23,582,500 in career contributions from oil and gas. The 51 senators voting to repeal oil tax breaks have received $5,873,600.

– The senators who voted for Big Oil’s handouts received on average over four times as much career oil cash as those who voted to end them.

– Overall, Senate Republicans have taken $23.2 million in oil and gas contributions. Democrats received $6.66 million.

– Since 2011, Senate Republicans have voted seven times for pro-Big Oil interests and against clean energy three times.

Democrats who joined the Republicans in defeating the bill include Sens. Mary Landrieu (D-LA), Ben Nelson (D-NE), Mark Begich (D-AK), and Jim Webb (D-VA). Sen. Susan Collins (R-ME) and retiring Sen. Olympia Snowe (R-ME) broke ranks and voted to cut the tax breaks. Two senators, Sen. Mark Kirk (R-IL) and Sen. Orrin Hatch (R-UT) didn’t vote.

Republicans have taken an overwhelming 88 percent of oil and gas contributions this election cycle. While showering politicans with cash, the oil industry also spent over $146,000,000 on lobbying last year.

Although 55 percent of Americans want to see Big Oil welfare end, the GOP once again largely acted in-line with their Big Oil donors.

The full list of oil contributions for the Senate is listed below, according to data from the Center for Responsive Politics:

- more -

http://thinkprogress.org/green/2012/03/29/454853/senators-who-voted-to-protect-oil-tax-breaks-received-23582500-from-big-oil/


Interesting numbers from the list, received since 2006:

Baucus - $193,800, voted to yes.

Cornyn - $1,197,275, voted no.

Landrieu - $492,030, voted no.

McCain - $2,622,764, voted no. (This high number could likely be attributed to running for President; lifetime is only about $250K more)

McConnell - $759,450, voted no.

Webb - $26,006 , voted no.


With two years in the Senate, Scott Brown received $198,660, voted to no.



7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»Senators Who Voted To Pro...