ICYMI: Paul Ryan Personally Profits from Big Oil Tax Breaks He Authored?

Jun 20, 2011

MADISON-Paul Ryan isn’t merely demanding seniors pay more for health care. He’s apparently killing Medicare in part to pay for Big Oil tax breaks that will personally benefit him.

Read the story here.

According to The Daily Beast, “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.”

The companies include a subsidiary of ExxonMobil.

“The least Paul Ryan can do is explain why he should personally profit from Big Oil tax breaks while asking Wisconsin’s seniors and disabled citizens to pay for it,” Democratic Party of Wisconsin Chair Mike Tate said Tuesday.