"We believe that the question before us is not whether we should do any cutting, but what exactly should be cut," the senators wrote. "So, as you consider spending-cut ideas for the remainder of this fiscal year, we ask that you focus on cutting programs that are wasteful and inefficient, as opposed to those that help create jobs and spur economic growth."
Senate Majority Leader Harry ReidHarry Mason ReidHarry Reid calls on Democrats to plow forward on immigration Democrats brace for tough election year in Nevada The Memo: Biden's horizon is clouded by doubt MORE (D-Nev.) and Sens. Dick DurbinDick DurbinEmanuel to take hot seat in Senate confirmation hearing Manchin, Tester voice opposition to carbon tax Democrats feel high anxiety in Biden spending conflict MORE (D-Ill.), Charles SchumerChuck SchumerFixing Congress requires fixing how it legislates Beware the tea party of the left Bottom line MORE (D-N.Y.), Patty MurrayPatricia (Patty) Lynn MurrayOvernight Health Care — Presented by Carequest — Colin Powell's death highlights risks for immunocompromised Senate Democrats ditch Hyde amendment for first time in decades Building strong public health capacity across the US MORE (D-Wash.), Bill NelsonClarence (Bill) William NelsonNASA adviser quits after request to change name of James Webb telescope denied NASA won't rename James Webb Space Telescope despite controversy FAA unveils new system to reduce planes' times on taxiway MORE (D-Fla.), Bob MenendezRobert (Bob) MenendezWhy is Trump undermining his administration's historic China policies? Senate GOP signals they'll help bail out Biden's Fed chair Democrats weigh changes to drug pricing measure to win over moderates MORE (D-N.J.), Ben CardinBenjamin (Ben) Louis CardinDefense & National Security — Military starts giving guidance on COVID-19 vaccine refusals Blinken pressed to fill empty post overseeing 'Havana syndrome' GOP disappointment with McConnell deal could delay vote MORE (D-Md.), Sherrod BrownSherrod Campbell BrownAmerica can end poverty among its elderly citizens Senate GOP signals they'll help bail out Biden's Fed chair Building back better by investing in workers and communities MORE (D-Ohio), Sheldon WhitehouseSheldon WhitehouseOn The Money — It all comes down to Bernie and Joe Manchin, Tester voice opposition to carbon tax Democrats scramble for climate alternatives MORE (D-R.I.) and Kirsten GillibrandKirsten GillibrandOvernight Energy & Environment — Biden makes return to pre-Trump national monument boundaries official Biden signs bill to help victims of 'Havana syndrome' Lawmakers using leadership PACs as 'slush funds' to live lavish lifestyles: report MORE (D-N.Y.) argued that oil companies are posting record profits with Exxon reporting a 53 percent increase, "making it the company’s best quarter in years" and Chevron’s seeing a 72 percent increase in fourth-quarter income.
"The days of big oil companies making billions in record breaking profits while receiving billions in taxpayer-financed subsidies must end," the wrote. "It defies common sense to cut programs that are creating jobs, helping jumpstart our manufacturing sector and strengthening the middle class while protecting taxpayer-funded handouts to big oil companies that add little to our economic or energy security."
"The fact is, oil and gas companies are doing just fine while many Americans are still struggling to find work and support their families," they wrote.