Save $4 billion by stopping oil subsidies. No brainer

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March 7, 2013 by Jan Stone

Looking for ways to cut unnecessary spending or, um, tax loopholes? Here’s one big line item that adds $4 billion to the government’s bottom line the moment the subsidy ends. How do you justify government subsidies for oil companies?

No brainer: save $4 billion annually by eliminating oil subsidies.

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