Big Oil Welfare Ahoy

The Senate voted to preserve corporate welfare for Big Oil yesterday.

Yesterday, the Senate voted down an amendment to its tax extenders bill, proposed by Sen. Bernie Sanders (I-VT), that would have cut $35 billion in tax subsidies to Big Oil companies, redirecting $25 billion to reduce the deficit and $10 billion to energy-efficiency grants. The vote was 35-61.

In other words, 61 senators voted to preserve $35 billion in corporate welfare for oil companies. That includes 21 Democrats, by the way.