Without a doubt, one of the most pressing issues facing the United States is our dependence on oil. In Congress, Bill supports energy policy that increases the use of clean, renewable sources of energy, such as solar and wind, in order to create hundreds of clean energy jobs throughout Massachusetts and reduce our reliance on fossil fuels. Increased importation of oil is directly increasing our deficit and linking our economic recovery to our consumption of foreign oil.
Ending tax subsidies for big oil companies would save the country over $43 billion over the next ten years. Not only is it smart economically, but it is critical if we are to boost our national security and once again demonstrate global leadership.