In an stunning reversal, Senate Republicans have accepted President Obama's call to end tax breaks for the oil and gas industry, reversing a procedural vote on Thursday that had killed the Mendendez Bill (S. 2204 - Repeal Subsidies and Tax Breaks for the Big 5 Oil Companies), introduced by Sen. Robert Menendez (D-NJ). On Thursday, the bill was defeated by a vote of 51-47, nine votes short of the 60 required to pass.
But in a rare Saturday afternoon session called by Senate Majority Leader Harry Reid (D-Nev.), the measure was swiftly rejuvenated—and passed—after nine of the Republicans who voted against the bill on Thursday had a change of heart after watching a sneak preview on Friday of To the Arctic, a documentary that follows the life of a mother polar bear caring for her two seven-month-old cubs in the Arctic. Narrated by three-time Oscar winner Meryl Streep, To the Arctic arrives in IMAX theaters on April 20. Read more...
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