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Senate Republicans block windfall taxes on Big Oil (AP)

June 11, 2008 by  

Sen. Charles Schumer, D-N.Y., center, flanked by Sen. Jeff Bingaman, D-N.M., left, and Sen. Max Baucus, D-Mont., right, gestures during a news conference on Capitol Hill in Washington, Tuesday, June 10, 2008, on the failed Senate vote on a windfall tax for oil companies. (AP Photo/Susan Walsh)AP - Saved by Senate Republicans, big oil companies dodged an attempt Tuesday to slap them with a windfall profits tax and take away billions of dollars in tax breaks in response to the record gasoline prices that have the nation fuming.

Source:Senate Republicans block windfall taxes on Big Oil
(AP)

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