Wednesday, June 2, 2010

President: Roll Back Oil Company Tax Breaks

President Barack Obama says the country's dependence on fossil fuels jeopardizes national security, the economy and the environment....and must be ended. The president traveled to Pittsburgh this afternoon and spoke at Carnegie Mellon University... "An America that runs solely on fossil, fuels should not be the vision that we have for our children and grandchildren.
As the broken oil well in the Gulf Of Mexico continues to spew oil unchecked, Mr. Obama called for rolling back billions of dollars in oil company tax breaks and using the money on clean energy technologies. The president pledged to find the votes in Congress to pass a sweeping energy bill that is stuck in the Senate.
Full text of President Obama's remarks.
Listen to the President remarks here.

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