Environmental

New Legislation Would End Over $110 Billion in Handouts to Fossil Fuels

WASHINGTON, D.C.–(ENEWSPF)–May 10, 2012.  Today Senator Bernie Sanders (I-Vt.) and Representative Keith Ellison (D-Minn.) announced legislation that is by far the most comprehensive attempt to end subsidies for the fossil fuels industry in the United States. Sen. Sanders and Rep. Ellison’s bill would save taxpayers over $10 billion a year and more than $110 billion over ten years. Friends of the Earth’s Tax Analyst Ben Schreiber issued the following statement about the bill.

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