The new energy bill gives about $2 billion for developing clean alternatives to oil (solar, wind, geothermal, etc.) But it gives over $8 billion in tax breaks to oil companies for domestic oil exploration.
Energy bill contains huge subsidies for the oil industry.
Questions:
1. The oil companies are making huge profits nowadays. Should ordinary taxpayers like you and me be giving them our tax dollars as well?
2. Why did the House conservatives support this bill? I can remember a long time ago, when conservatives were against corporate welfare.