Mar 19 Local News Yarmuth Bill to End Oil Subsidies, Return Cash to Motorists Echoing President Barack Obama’s call to close tax loopholes for the oil and gas industry, U.S. Rep. John Yarmuth, D-Ky., unveiled a bill Monday that will end federal subsidies to oil companies and return the savings to American motorists. The Gas Rebate Act of 2012 would take the nearly $40 billion in savings from closing […] By WFPL News Mar 19 Local News Yarmuth Bill to End Oil Subsidies, Return Cash to Motorists WFPL News
May 17 Local News McConnell: Democrats Playing Blame Game on Energy Crisis Claiming Democrats are staging a “dog and pony show”, Senate Minority Leader Mitch McConnell, R-Ky., blasted plans to revoke billions in tax subsidies given to oil companies in a speech on the Senate floor Tuesday. Eliminating those tax breaks has been a goal of President Barack Obama and congressional Democrats for some time, but there’s […] By WFPL News May 17 Local News McConnell: Democrats Playing Blame Game on Energy Crisis WFPL News