Shocker: GOP Rep. Paul Ryan says he also wants to cut ‘corporate welfare’Submitted by Bob-45 on Sat, 04/30/2011 - 00:30
Shocker: GOP Rep. Paul Ryan says he also wants to cut ‘corporate welfare’
Friday, April 29th, 2011 -- 8:19 am
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WASHINGTON (Reuters) - House Budget Committee Chairman Paul Ryan said on Thursday he supports cutting tax breaks for the oil industry as lawmakers search for ways to battle rising gasoline prices.
In response to a question at a town hall meeting in Waterford, Wisconsin, the Republican congressman said he agreed that oil company subsidies should end.
"We're talking about reforming the safety net, the welfare system, we also want to get rid of corporate welfare," Ryan said to applause.
A video of the question and answer was posted online in a blog run by the liberal-leaning Center for American Progress Action Fund.
A spokesman for Ryan was not immediately available for comment.