WTH does The Hairy Reed think he is?
Gulf coast Democrats will howl of taxing the oil companies, but Reid has them in his pocket.
Reid is reacting to Paul Ryan's appearance on Meet the Press where he threw up his hands and said let the Sequester happen, which everyone in DC knows wounds the military the most.
The GOP was insane to agree to the 2011 Budget Control Act in the first place. ALL entitlements were "exempted" from the debate, which was simply madness.
The GOP should out-maneuver Reid and up the ante.
Now the ringer--when they have the hearings on that, (and they will), they will push to nationalize the oil industry. Just watch.
It is the one sector at the root of much of the job growth in the private sector, and the Gummint hasn't been able to shut it down. Furthermore, it is populated with Conservatives, at least on this end of it (Upstream--Exploration and Production).