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Cut the Deficit By Cutting Oil Subsidies, Senate Democrats Say
Democratic leaders in the Senate are calling for the end of $2 billion worth of subsidies for the five biggest oil companies in the US. The cash would be used to reduce the deficit.
The Senate Democratic leardership wants to repeal two billion dollars worth of subsidies for the five biggest oil companies. Living on Earth’s Washington Correspondent Mitra Taj reports on the opposition and efforts to make the proposal more palatable to fiscal conservatives.