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McConnell: Oil tax break repeals off the table in deficit talks with Biden

Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellDems confront Kelly after he calls some immigrants 'lazy' McConnell: 'Whoever gets to 60 wins' on immigration Overnight Defense: Latest on spending fight - House passes stopgap with defense money while Senate nears two-year budget deal | Pentagon planning military parade for Trump | Afghan war will cost B in 2018 MORE (R-Ky.) said Sunday that Republicans won’t discuss nixing tax breaks for major oil companies as part of fiscal reform talks with Vice President Joe BidenJoseph (Joe) Robinette BidenBiden says he would advise Trump against Mueller interview Biden on Trump's 'treason' comments: 'He's a joke' Joe Kennedy: Biden likely would have defeated Trump MORE

“That's not the kind of thing we're going to be dealing with here in connection with the serious talks that are going on with the Vice President's group,” McConnell said on CNN’s “State of the Union.”

Biden and a bipartisan group of Capitol Hill lawmakers are in talks aimed at striking a deal on deficit reduction. The discussions come ahead of a looming deadline this summer for an agreement between the Obama administration and Congress to raise the nation's debt ceiling.

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McConnell’s comments come as Democrats are pressing to repeal of billions of dollars worth of industry tax breaks and apply the savings to deficit reduction.

Sen. Robert MenendezRobert (Bob) MenendezJustice Dept intends to re-try Menendez in corruption case DACA is neither bipartisan nor in America's interest Senate DACA deal picks up GOP supporters MORE (D-N.J.), who is the lead sponsor of the bill to repeal industry tax breaks, said last week that Democrats would seek to tether the bill to debt ceiling legislation or a budget package if it doesn’t pass as a stand-alone measure.

“I'm convinced we're going to do this, because whether this is done through my legislation or whether this is done as part of any debt-ceiling vote, which we’ll insist on, or whether it’s done as part of any budget vote, we are going to eliminate these subsidies,” Menendez said on MSNBC Thursday.

Sen. Chuck SchumerCharles (Chuck) Ellis SchumerGOP lawmaker: Dems not standing for Trump is 'un-American' Trump called for unity — he didn’t even last a week Overnight Defense: GOP plays hardball by attaching defense funding to CR | US reportedly drawing down in Iraq | Russia, US meet arms treaty deadline | Why the military wants 6B from Congress MORE (D-N.Y.) also said last week that the oil tax break repeal will be part of Democrats’ broader deficit reduction efforts if it doesn’t pass on its own.

Senate Majority Leader Harry ReidHarry Mason ReidTo end sugar subsidies, conservatives can't launch a frontal attack House presses Senate GOP on filibuster reform A pro-science approach to Yucca Mountain appropriations MORE (D-Nev.) is planning a test vote on the oil tax plan this week, but it is unlikely to garner the 60 votes needed to advance. The plan would block an estimated $21 billion worth of incentives over a decade for Exxon, Shell, BP, Chevron and ConocoPhillips.

McConnell slammed the Democrats’ plan Sunday, alleging on CNN that it will “raise the price of gas at the pump, send jobs overseas and make us get even more oil from Hugo Chavez.”