SAVE OUR SEATS: Vulnerable Senate Democrats Abandon Obama Green-Energy Economy Agenda
May 10, 2011
Posted by Matt Dempsey Matt_Dempsey@epw.senate.gov
SAVE OUR SEATS: Vulnerable Senate Democrats Abandon Obama Green-Energy Subsidies
Senate Democrats are letting their politically vulnerable brethren lead the way as they push legislation that would cut billions in annual tax breaks for the largest private oil companies. Sens. Robert Menendez of New Jersey, Sherrod Brown of Ohio and Claire McCaskill of Missouri are slated to promote the measure at an 11 a.m. press conference today, and Montana’s Jon Tester will also get his name in lights, Brown told reporters last night. All four face reelection in 2012, and Brown, McCaskill and Tester will duke it out in swing states. Democrats have openly admitted that it’s good politics to take on oil companies at a time of high gas prices and higher industry profits, and they’re hoping associating their vulnerable candidates with the effort will pay dividends come 2012. Goode has more for Pros: http://politico.pro/inDSQN
SORRY, MAX – It’s official: Democrats will deviate from Max Baucus’s blueprint for the bill that would have used the new tax to fund initiatives intended to reduce oil consumption. Instead, Democrats are proposing to put the approximately $4 billion annually toward balancing the budget and daring their Republican colleagues to vote against deficit reduction.