Reid - Cut spending by cutting oil subsidies

This evening's vote is about values, Republicans will actually have the opportunity, tonight, to show the American people where they stand on American values. They can continue to defend the oil companies, or recognize that we have to do something about the deficit, and the best time to start with that, is now. So I think that instead of defending oil companies, the Republicans should be defending the American taxpayer. They should, I repeat, stop defending the oil companies, join with us, and cut the deficit by billions and billions of dollars... tens of billions of dollars. We believe this is the kind of wasteful spending that will lead to agreement, on reducing the debt. But it seems, to me, that with the Republicans saying "No, no, no," that, that means they would rather continue subsidizing these wealthy oil executives and oil companies than doing research at NIH, and doing the education programs that they're certainly going to have to cut, if we don't do a better job with the deficit than what's happened in the past. So it's a question, I repeat, of values. Thirty six billion dollars in profits in one quarter, as we know that's three months, and these are net profits this actual money that they made. So, why should Americans pay at the gas pump once, and then get these subsidies for the oil companies a second time?