
Collins offers amendment to slash oil subsidies
The Senate is casting vote after vote today on amendments to the fiscal 2009 budget resolution.
Sen. Susan Collins, R-Maine, will offer an amendment eliminating subsidies for oil and gas companies, providing a $500 tax credit for individuals who purchase clean burning wood stoves and a tax credit for the purchase of a plug-in hybrid electric cars.
‘This amendment will help set us on a path toward energy independence and provide a more sensible energy tax policy," Collins said on the Senate floor today.
Clickhere.here to listen to Collins' remarks.
Posted at 03:00 PM
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