Big Oil Profits—and Tax Breaks—Remain High Despite Sequestration Cuts

Big Oil Profits—and Tax Breaks—Remain High Despite Sequestration Cuts: Despite the severe budget cuts facing many middle-class programs, the five biggest oil companies continue to rake in tens of billions of dollars in profits, while still receiving unnecessary and wasteful tax breaks. Middle-class families have gotten some relief at the pump this spring due to declining gasoline prices. AAA reported that U.S. drivers paid [...]/p