Tonight’s Matthews Moment
Well he is a Democrat. The moment tonight involves Hardball’s big number of the night … the price of oil. And listen to who he blames $109 a barrel oil on. Go on, guess.
Umm the same bill his guy Barack Obama voted for.
Now here’s what the AP reported in the process of fact checking the “Cheney Energy Bill”:
It is a stretch to call it “Dick Cheney’s energy bill,” a hot-button reference for many Democrats. Although the House bill was framed according to the vice president’s energy priorities, by the time it passed the Senate many of those measures, such as drilling in an Arctic wildlife refuge, had been stripped away. Its broad new benefits for nuclear power and the coal industry mirrored Cheney’s priorities, however… Clinton’s claim that the bill “was loaded with new tax breaks for oil companies” also overstates the case. While it included $2.6 billion in tax breaks for oil and gas industries, that was offset by nearly $3 billion in oil taxes, mostly in an extension of the oil spill liability tax. The bill’s $14.3 billion in energy tax breaks mostly went for renewable energy and efficiency programs and the nuclear and coal industries, both of which are prominent in Obama’s home state of Illinois.
Posted in News
The website's content and articles were migrated to a new framework in October 2023. You may see [shortcodes in brackets] that do not make any sense. Please ignore that stuff. We may fix it at some point, but we do not have the time now.
You'll also note comments migrated over may have misplaced question marks and missing spaces. All comments were migrated, but trackbacks may not show.
The site is not broken.