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Tipsheet

Obama Slams GOP on Oil Subsidies, Forgets 3 Dems Voted With GOP

Speaking at a DNC event in Boston, President Obama gave a jab at the GOP over the energy debate.

"And at a time of high gas prices and instability around the world -- and I know folks are getting hurt by high gas prices -- that's why we’ve got to keep on making these investments," he said. "That's why I was so disappointed yesterday when Republicans in Congress voted to keep handing $4 billion a year in taxpayer subsidies to oil and gas companies at a time when they are making tens of billions of dollars each -- huge profits -- while you’re struggling to fill up your gas tank.

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"It has to stop. We could take that money and instead of subsidizing yesterday’s energy, we should be investing in the energy of tomorrow. And we can clean up the planet in the process. That's the right thing to do."

Of course, Obama failed to mention that three members of his own party voted with those 'Republicans in Congress' on the oil subsidies vote -- and, in fact, two Republicans voted with the Democrats.

Meanwhile, the majority of Democrats -- and some Republicans -- in the Senate also voted down a bill that would help the future of American energy by allowing more drilling offshore and clearing some of the red tape out of the process.

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