Ryan Endorses Ending Oil Subsideis.
By Alex Altman
I read an article about the possibility of ending oil subsidies, and found it to be very interesting. Finally someone is trying to do something about the never ending rise in gas prices. Ryan mentions curbing subsidies to agribusiness, energy companies and financial-service companies as examples of breaks Congress should repeal. The House passed the FY 2012 budget resolution that that a part of the overall corporate tax reform, tax loopholes, and deductions for corporations should be scaled back. That would also include oil companies. Ryan is aware of the rising gas prices, the concern for tax codes, increased energy exploration to address the rise in gas prices and create jobs at home.
It seems like Ryan knows where the U.S. is headed and what should happen to prevent it and keep the citizens happy. If we start using our own resources that would put people to work that are currently out of jobs collecting unemployment, if their lucky. Gas prices would stop rising as much daily. Let’s think about this for a minute, this affects all of us. Most citizens are happy to have a job right now, with all of the companies cutting cost such as layoffs, hiring freezes, and no pay increase for FY 2012. The cost of living is continuously going up, groceries, electric bills and oh yeah gas prices. When you have two incomes, you pay your bills, buy only the groceries you have to have and then fill up at the tank that’s it. Pretty soon you will not be able to afford to put gas in your car to drive to work. Something needs to give, what does the Government want us to do???? Fail?? It seems like that. I think that Ryan has a good approach on getting the U.S. back on their feet so we can at least feel like we are climbing out of a hole instead of digging our selves deeper every day. I would strongly suggest reading the article below and following the story, I know I will!!
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