- United States
- Calif.
- Letter
The proposed Senate tax bill recklessly expands handouts to the oil and gas industry at the expense of social programs. Oil companies have reaped record profits in recent years and do not need additional tax benefits costing billions. Providing over $18 billion in new tax breaks for an industry awash in profits while slashing spending on healthcare, environmental protection, and scientific research is misguided. I urge you to strip these unnecessary corporate giveaways from the reconciliation bill and prioritize funding for vital public services over subsidizing highly profitable oil and gas corporations. Failing to do so would be an unjustifiable transfer of wealth from ordinary Americans to wealthy energy companies. Please protect the social safety net and remove these oil industry handouts from the legislation.