Comment on Senate blocks bill repealing $2B in oil tax breaks

Senate blocks bill repealing $2B in oil tax breaks

WASHINGTON (AP) - The Senate blocked a bill Tuesday that would repeal about $2 billion a year in tax breaks for the five biggest oil companies, a Democratic response to $4-a-gallon gasoline that might fare better when Congress and the White House negotiate a deal later this year to increase the government's ability to borrow.

 

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