[Sacajaweau]

How about ending corn subsidies.

[Goreknowshowtocheat]

Ryan turns RINO.......ugh

[Mr. Lucky]

Which subsidies are those?

[beebuster2000]

i would like a popcorn subsidy. cost more than the movie now.

[re_nortex]

How about ending corn subsidies.

What's Chuck Grassley ("Ethanol is the only reliable, legitimate alternative to crude oil") got on Paul Ryan?

[muawiyah]

You forget something ~ there's no one for one comparison. MOST of the oil pumped in the United States comes from offshore wells where the US Government owns the wells, the land, the rights ~ etc. The companies get to pump oil and sell it AFTER they pay rent and royalties.

There is no oil depletion allowance for the government of course.

If the "subsidy" is down to a tidy $4 billion out of an umpty umpt percentage of a trillion bucks ain't much left of it eh.

Large blocks of onshore oil is also pumped from lands owned by nonprofit entities, Indian tribes, Eskimo corporations and other federal lands.

Oil companies who own their own onshore oil fields don't pay rent or royalties (as I understand the way this is dealt with).

It'd be nice to know who the folks are who own their own wells. Is it possible they are all Democrats?

If so, I like that ~ a tax (inferentially) that applies to Democrats.

The "subsidy" currently being considered is little more than an accounting gimick. The companies currently get to write off their investments in drilling equipment as expenses over a 4 year period. If you simply end that "write off" they'll buy far less drilling equipment and you'll get more accidents and blow outs as old funky stuff is worked beyond it's expected lifetime. If you extend the "write off" to 5 years it'll reduce the value of future investment ~

There's much less here than meets the eye folks.

[mylife]

No fooling.
I am tired of paying more to get less MPH while driving to the store to pay higher food costs.

[DallasDeb]

Uhm, that would be agribusiness.