Senate Report Details Fossil Fuel Industry’s Billions in Benefits… | HappeningNow.news

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Senate Report Details Fossil Fuel Industry’s Billions in Benefits Under Trump Administration

Washington, DC — A new report released today by Senate Democrats on the Environment and Public Works Committee puts a dollar figure on the greed and corruption of the fossil fuel industry and the Trump administration.

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A Senate Democrats report released on September 24 details how fossil‑fuel interests spent about $201 million on direct contributions and advertising to support Trump and allied Republicans, plus $19 million for the presidential inaugural fund. The report, titled *The Billion Dollar Deal: How the Fossil Fuel Industry Bought the Trump Administration, Cashed In, and Left Americans to Pay the Price*, argues that in exchange the industry received hundreds of billions in tax breaks, subsidies, and regulatory rollbacks. It draws on investigations of the EPA, DOE and other federal agencies and analyzes the finances of individual polluters.

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