Democrats Pounce On Boehner's Oil Subsidy Remark

Sen. Chuck Schumer (D-N.Y.) released the following statement after House Speaker John Boehner (R-Ohio) said that he would be open to reviewing federal tax subsidies for the oil industry:

“It is almost too good to be true, but gas hitting four dollars per gallon seems to have finally caused Speaker Boehner to see the light on the insanity of providing subsidies to profit-soaked big oil companies. Senate Republican leaders should follow his example, and stop their senseless filibusters against attempts to repeal these giveaways. At a time when we have a record deficit, it makes no sense to keep rewarding oil companies for socking it to consumers at the pump. These subsidies are a relic of a time when oil was $17 per barrel and oil companies needed incentives to drill. That time has long since ended.”