WASHINGTON — House Speaker John Boehner said Monday that Congress should “take a look at” repealing the multibillion-dollar tax subsidies enjoyed by the major oil companies.
The Ohio Republican told “ABC World News” that the government is low on revenues and that oil companies “ought to be paying their fair share.” A gallon of gasoline exceeds $4 in some parts of the country.
“We certainly ought to take a look at it,” Boehner said. “We’re at a time when the federal government’s short on revenues. We need to control spending but we need to have revenues to keep the government moving.”