TheDailyBeast has this about the tax breaks that Paul Ryan has proposed:
...The financial disclosure report Ryan filed with Congress last month and made public this week shows he and his wife, Janna, own stakes in four family companies that lease land in Texas and Oklahoma to the very energy companies that benefit from the tax subsidies in Ryan's budget plan.
Ryan's father-in-law, Daniel Little, who runs the companies, told Newsweek and The Daily Beast that the family companies are currently leasing the land for mining and drilling to energy giants such as Chesapeake Energy, Devon, and XTO Energy, a recently acquired subsidiary of ExxonMobil.
Some of these firms would be eligible for portions of the $45 billion in energy tax breaks and subsidies over 10 years protected in the Wisconsin lawmaker’s proposed budget. “Those [energy developing companies] benefit a lot from these subsidies,” explained Russ Harding, an energy policy analyst with the Mackinac Center for Public Policy, when presented with the situation, without reference to Ryan. “Without those, they’re going to be less profitable.”
Is Paul Ryan looking our for his and his family's investments? Don't you just hate greed?
*** Have you heard about the job bills Republican Rep. Jim Renacci (OH-16th) has written? Neither have I. However, Renacci has decided that he has to go after NBC for their golf coverage and the way they edited a segment on the Pledge of Allegiance (see Cleveland.com). Renacci's concern about how something was edited won't produce any jobs, help the hungry, or end any wars.
