Congress should consider cutting multibillion-dollar subsidies to oil companies amid rising concern over skyrocketing gas prices, House of Representatives Speaker John Boehner said on Monday.
"It's certainly something we should be looking at," Boehner said in an ABC News interview. "We're in a time when the federal government's short on revenues. They ought to be paying their fair share."
"Everybody wants to go after the oil companies and frankly, they've got some part of this to blame," he said.
But Boehner said he also wanted to "see all the facts" first.
Tuesday, April 26, 2011
Boehner opens door to cutting U.S. oil tax breaks
Another broken clock that's right twice a day...