Senate Democrats make argument for cutting subsidies to oil companies

"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 ReidConstitutional conservatives need to oppose the national emergency Klobuchar: 'I don't remember' conversation with Reid over alleged staff mistreatment Dems wary of killing off filibuster MORE (D-Nev.) and Sens. Dick DurbinRichard (Dick) Joseph DurbinTrump praises law enforcement response to shooting at Illinois business Five dead in shooting at manufacturing plant in Aurora, Illinois ‘Contingency’ spending in 3B budget deal comes under fire MORE (D-Ill.), Charles SchumerCharles (Chuck) Ellis SchumerGOP Green New Deal stunt is a great deal for Democrats National emergency declaration — a legal fight Trump is likely to win House Judiciary Dems seek answers over Trump's national emergency declaration MORE (D-N.Y.), Patty MurrayPatricia (Patty) Lynn MurrayOvernight Health Care — Sponsored by America's 340B Hospitals — Dems blast rulemaking on family planning program | Facebook may remove anti-vaccine content | Medicare proposes coverage for new cancer treatment Overnight Health Care — Presented by PCMA — Senators seek answers on surprise medical bills | Red states move to limit Medicaid expansion | Two drug companies agree to testify Senate Dems block Sasse measure meant to respond to Virginia bill MORE (D-Wash.), Bill NelsonClarence (Bill) William Nelson2020 party politics in Puerto Rico There is no winning without Latinos as part of your coalition Dem 2020 candidates court Puerto Rico as long nomination contest looms MORE (D-Fla.), Bob MenendezRobert (Bob) MenendezWilliam Barr is right man for the times This week: Trump delivers State of the Union amid wall fight BuzzFeed story has more to say about media than the president MORE (D-N.J.), Ben CardinBenjamin (Ben) Louis CardinBipartisan Senators reintroduce legislation to slap new sanctions on Russia Baseball legend Frank Robinson, first black manager in MLB, dies at 83 Biden speaking to Dems on Capitol Hill as 2020 speculation mounts: report MORE (D-Md.), Sherrod BrownSherrod Campbell BrownGOP Green New Deal stunt is a great deal for Democrats Sherrod Brown pushes for Medicare buy-in proposal in place of 'Medicare for all' High stakes as Trump, Dems open drug price talks MORE (D-Ohio), Sheldon WhitehouseSheldon WhitehouseGOP Green New Deal stunt is a great deal for Democrats Pence met with silence after mentioning Trump in Munich speech New battle lines in war over Trump’s judicial picks MORE (D-R.I.) and Kirsten GillibrandKirsten Elizabeth GillibrandSenate Dems introduce bill to prevent Trump from using disaster funds to build wall Klobuchar, O'Rourke visit Wisconsin as 2020 race heats up Sherrod Brown pushes for Medicare buy-in proposal in place of 'Medicare for all' 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.