Wednesday, May 4, 2011

$4 Billion of Taxpayer Money to Oil Co.'s Doesn't Matter

Reposted from Boing Boing:



Sarah Palin and Rep. James Lankford defended $4 billion in Federal subsidies to the
booming oil sector, saying that giving billions in taxpayer dollars to profitable companies
wasn't fiscally irresponsible, since $4 billion is "just a drop in the bucket" when compared 
to the total deficit. Some drop: it's 120,000% larger than the NPR funding House 
Republicans were anxious to eliminate in the name of balancing the budget. Thousands 
for public media: bad. Billions for oil barons: good.

No comments: