By Ben Geman - 04/27/11 10:36 PM EDT
In February, the Senate voted 44-54 against Sen. Carl LevinCarl LevinCarl, Sander Levin rebuke Sanders for tax comments on Panama trade deal Supreme Court: Eye on the prize Congress got it wrong on unjustified corporate tax loopholes MORE’s (D-Mich.) amendment that would have used the money to pay for stripping the Section 1099 reporting provision from the healthcare law by repealing several incentives.
Seven Democrats and 47 Republicans voted against the amendment, which came up during debate on an aviation policy bill.
Average gas prices were roughly $3.13 per gallon in early February, according to the Energy Information Administration, while they’re $3.88 now and topping $4 in some areas.
On June 15, the Senate voted 35-61 against Sen. Bernie SandersBernie SandersTop Sanders aide: DNC needs a 'unifier' as chair Wasserman Schultz fights to keep her job DNC chair: I'm 'focused on doing my job' MORE’ (I-Vt.) oil tax repeal amendment to an unemployment insurance bill. Gas prices were roughly $2.70 per gallon at the time.
Senators are targeting tax breaks such as the oil industry’s ability to claim a lucrative domestic manufacturing deduction.
But the industry, many Republicans and oil-state Democrats say that the proposals would raise costs for energy projects and slow domestic production. Hurdles are even higher in the GOP-controlled House.