DeMint, Lee Push Back Against Solyndra-fication - The American Spectator | USA News and Politics
DeMint, Lee Push Back Against Solyndra-fication
by

The Senate is scheduled to vote today on a bill by Sens. Jim DeMint (R-SC) and Mike Lee (R-UT) aimed at ending “corporate welfare for energy companies in the tax code.” DeMint and Lee would offset the elimination of tax breaks for renewable energy companies by lowering the corporate tax rate, making their reform revenue-neutural. The measure also tests the Democrats’ oft-stated willingess to end tax breaks for oil companies.

I wrote about such taxpayer subsidies and their poor track record creating green jobs on the main site earlier this week. The president is proposing another $1 billion in green tax credits.

Sign up to receive our latest updates! Register


By submitting this form, you are consenting to receive marketing emails from: The American Spectator, 122 S Royal Street, Alexandria, VA, 22314, http://spectator.org. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Be a Free Market Loving Patriot. Subscribe Today!