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Under a bill sponsored by Sen. Bob Menendez (D-N.J.), the Senate would end more than $20 billion of subsidies for the five largest oil companies over the next 10 years. The money would be used to cut the deficit and invest in green energy technology.

I hate when they frame it that way, it's purposely obscure. We give oilcos about $4 billion per year. All he wants to do is cut that in half. I don't know why we give them anything at all.
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