Senate Race Focuses On Oil Tax Breaks
LAS VEGAS (AP) — Nevada’s U.S. Senate candidates are taking opposing sides on a contentious debate on subsidies for big oil companies.
Democratic Congresswoman Shelley Berkley says Congress need to reduce the national deficit by eliminating billions in tax breaks to oil companies. She plans to make her case during a press conference at a Las Vegas gas station on Wednesday.
Her Republican rival, Sen. Dean Heller, supports an effort to continue the tax breaks.
The Senate voted Tuesday 52-48 to repeal about $2 billion a year in tax breaks for the five biggest oil companies.
The vote was short of the 60 votes needed to advance the tax increase.
Heller voted against the tax hike.
He was appointed from the House to the Senate last week to replace resigning Republican Sen. John Ensign.
Copyright 2011 The Associated Press.