Democrats hit GOP on soaring gas prices
By Susan Crabtree
Posted: 05/10/08 11:15 AM
Democrats used their weekly radio address Saturday to hammer the Bush administration and congressional Republicans on the skyrocketing gas prices while touting their plan to repeal billions of dollars in tax breaks for oil companies.
Sen. Debbie Stabenow (D-Mich.) was picked to deliver the message to American households as Democrats and Republicans are continuing to seek to blame each other for the cost at the pump, an issue that will undoubtedly play a large role in the fall election.
When President Bush took office in 2001, Stabenow said, gas cost $1.50 a gallon, a price which has shot up to more than $3.70 for regular gas and $4 for premium in her home state.
She called the record prices all over the country “a crisis for every American family” that has led to higher grocery prices, home-heating bills, and financial pressure for small businesses struggling to stay afloat.
“Enough is enough,” Stabenow said.
Congressional Democrats’ energy package, unveiled earlier this week, would repeal billions of dollars in tax breaks for oil companies, force them to invest some of their profits in renewable energy or pay a price for refusing to do so, attempt to rein in OPEC manipulations of the market and increase the nation’s oil supply by temporarily halting deposits to the federal Strategic Petroleum Reserve.
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http://thehill.com/leading-the-news/democrats-hit-gop-on-soaring-gas-prices-2008-05-10.html