5 ms·
No shot. Check out the cosponsors. Not a single R in sight.
by tuckerpo 4y ago
No shot. Check out the cosponsors. Not a single R in sight.
- toomuchtodo 4y agoCheck back after midterms.
- babypuncher 4y agoBut I thought R's hated government handouts
- booi 4y agoonly to poor people
- cheaprentalyeti 4y agoYeah, poor people are sooooo unapreciative when we make the cost of gas $ 4.00 a gallon. Don't they know Saint Vladimir has a war to finance?
- ars 4y agoTrue, but making sure there is enough energy is more important to them (see Europe as an example of what happens when government fails at this). Democrats also consider energy a priority, but don't like hydrocarbon fuel, so are conflicted with bills like this - I bet it won't get every Democrat on board either. Also, the current situation isn't directly a subsidy, it's a tax reduction, which is sort of a subsidy if you squint, but it's different enough. Republicans do like tax reductions.
- cheaprentalyeti 4y agoIf they considered energy a priority they wouldn't have spent so much time/energy dismantling dams in the far west, during a water crisis.
- ars 4y agoFirst of all who is "they"? Then from what I can see all the dams that were removed were not very valuable for energy. And finally the dams that were removed were small ones, not ones that are used to store water.
- adgjlsfhk1 4y agoA dam doesn't work when the river runs dry.
- cogman10 4y ago> I bet it won't get every Democrat on board either. Oh, it's dead in the senate. There really is no way Joe Manchin would vote for this given the state he represents. West Virginia has WAY too much interest in burning coal. There may also be others, but Manchin will happily take the blame to stop it from passing. His voting base will love him for it.
- ska 4y ago> True, but Not true though. It's something they talk but don't walk.
- wnevets 4y agothey also loved covid ppp loan forgiveness
- pastor_bob 4y agoThey love corporate tax handouts. Texas will literally buy the land for your factory, build it, and lease it to you for free. AND then they'll recruit and train all your employees for free.
- klyrs 4y agoNot when their donors are on the take.
- ska 4y agoThis is empirically not true.
- logicalmonster 4y agoOf course, however, a tax cut is not a subsidy. Economic concepts can very easily be wrongly conflated with each other or misreported by the press or politicians. There's an obvious qualitative difference between a government subsidy (the act of taking property from some to give to others) and a tax break (the government merely stealing less). As far as this bill specifically goes, I haven't read the entire thing, but the bullet points seem to be all about reducing tax burdens. As an overall opinion, I think more people and industries ought to have tax breaks. Given the extreme shortsightedness of Europe's leaders in trying to tackle their energy needs, I have little doubt that this act will come back to bite all of us in some way.
- sixstringtheory 4y agoAlaska just announced a record high PFD for this year, over $2B payout, highest in the programs 41 years. And the reasons for it being so high? “Energy costs and inflation” (totally unrelated side note: our Republican governor is up for re-election).
- sour-taste 4y agoDemocrats still hold a narrow majority in the house so it could pass there, but could be killed by pro gas democrats. The senate will be almost impossible. This is likely to shift after the midterms.
- colinmhayes 4y agoManchin will never support this. Dead on arrival.
- sour-taste 4y agoHe's a senator though, not in the house. So I think what I said stands, it could pass the house, but senate is very unlikely.
- JumpCrisscross 4y ago> is likely to shift after the midterms Further from this bill’s chances. Almost irrespective of the partisan balance, given the candidates and political mood around energy prices.
- _8j50 4y agoThe problem isn't D vs R, it's the risk of high paying oil jobs being lost, even if it isn't a lot of jobs these are the people that donate to campaigns and fuel their local economy.