Wicker Calls Yarmuth’s Gas Rebate Act ‘Snake Oil Ploy’

In a message to supporters, Republican congressional candidate Brooks Wicker dismissed Democratic Congressman John Yarmuth’s bill to end federal subsidies for oil companies and return the savings to motorists, claiming it is a “snake oil ploy” for his re-election bid. The three-term congressman unveiled the Gas Rebate Act of 2012 on Monday as a way […]

Yarmuth Bill to End Oil Subsidies, Return Cash to Motorists

Echoing President Barack Obama‚Äôs call to close tax loopholes for the oil and gas industry, U.S. Rep. John Yarmuth, D-Ky., unveiled a bill Monday that will end federal subsidies to oil companies and return the savings to American motorists. The Gas Rebate Act of 2012 would take the nearly $40 billion in savings from closing […]