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House Passes Bill to Halt Big Oil Tax Breaks

Veto threat as Republicans call it industry discrimination

By Peter Fearon,  Newser Staff

Posted Feb 28, 2008 5:36 AM CST

(Newser) – Millions of dollars in tax breaks enjoyed by the top five oil companies would be rescinded under an $18 billion tax package which cleared the House of Representatives yesterday. The money saved would be plowed into creating alternative sustainable energy sources. It represents just a...   Read full story »

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