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Bill Would Repeal Subsidies for Big Oil Companies

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Bill Would Repeal Subsidies for Big Oil Companies

U.S.

Bill Would Repeal Subsidies for Big Oil Companies

Bill Would Repeal Subsidies for Big Oil Companies

  • Download
  • <iframe src="https://www.npr.org/player/embed/6854127/6854128" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

This week, Democrats in the House of Representatives continue their "100 hour" agenda. One item on that list is subsidies to oil companies.

Democrats want to repeal big-oil subsidies and plow the money into tax incentives for renewable energy. Last year, Rep. Jim McDermott (D-WA) sponsored a similar bill that failed to pass in the Republican-controlled House. He speaks to John Ydstie about this bill's chances in a new Congress.

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