Sunday, July 3, 2011

Democrats Slam GOP Refusal To End Tax Breaks For Jet Owners, Energy Companies

The country stands at the brink of a disastrous default if the debt ceiling is not raised, but the Republicans refuse to consider ending tax breaks for energy companies and owners of corporate jets. Instead, Republican Senate minority leader Mitch McConnell wants to cut Medicare and Medicaid. President Obama criticized Republican priorities, stating that under their terms, wealthy oil companies would continue to receive taxpayer subsidies while “a bunch of kids out there are not getting college scholarships.” Senate Democrats also weighed in on the Republicans’ playing reverse Robin Hood. Let’s hope the Dems stick together this time. Watch:

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