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Pelosi to Boehner: Schedule Vote Next Week to End Taxpayer Subsidies to Big Oil After You Said They Should Pay 'Fair Share'

Washington, DC -- Democratic Leader Nancy Pelosi called on Speaker John Boehner to schedule a vote next week to end billions of dollars in taxpayer subsidies to Big Oil.  House Democrats have long advocated the elimination of these outdated and costly subsidies.

In a letter to Boehner, Pelosi wrote: '…we have had several votes on this subject in the House, and have been disappointed that these proposals have not been supported by the Republican leadership. Your comments yesterday acknowledged that oil companies ought to be paying their fair share.  It makes little sense for American consumers -- who are now paying over $4 a gallon for gasoline in most parts of the United States -- to have billions of their taxpayer dollars subsidizing oil companies that are making record profits.'

The full text of the letter to Boehner is below:

April 26, 2011

The Honorable John A. Boehner
Speaker of the House
H-232, The Capitol
Washington, D.C. 20515

Dear Mr. Speaker:

House Democrats have long advocated eliminating outdated and costly taxpayer subsidies that provide billions of dollars to highly profitable oil companies.  As you know, the President today called upon Congressional leaders “to take immediate action to eliminate unwarranted tax breaks for the oil and gas industry.”

As you also know, we have had several votes on this subject in the House, and have been disappointed that these proposals have not been supported by the Republican leadership.  Your comments yesterday acknowledged that oil companies ought to be paying their fair share.  It makes little sense for American consumers -- who are now paying over $4 a gallon for gasoline in most parts of the United States -- to have billions of their taxpayer dollars subsidizing oil companies that are making record profits.

For these reasons, I am writing to request that you schedule a vote on ending these tax breaks on the House floor upon our return to Washington next week.  I look forward to our working together to achieve this necessary change.

Thank you for your consideration of this request.

best regards,

NANCY PELOSI
Democratic Leader