Tell the Super Congress:

Tax Wall Street and Cut Fossil Fuel Subsidies

The 12-member Super Congress is in the process of figuring out how to reduce the national deficit.

So far, the deficit discussion has been dominated by nonsense. Much of it has focused on huge cuts to Medicare and Social Security as well as other important programs.

We’re going to introduce some sense to the nonsense, and show them how to reduce the deficit by $1.1 trillion over 10 years.

Fossil fuel subsidies are a commonsense place to make cuts.

The polluting profiteers in the oil, coal and gas industries do not need taxpayer money. Over the least decade, the largest oil and gas companies alone reaped more than $1 trillion in profits. Ending fossil fuel subsidies would reduce national debt by $122 billion over ten years.

Wall Street is a commonsense place to increase revenue.

A very small tax on short-term speculation on Wall Street would boost federal revenue by $100 billion a year. This financial transactions tax would also create a disincentive for Wall Street’s riskiest practices – many of which continue despite the fact that these risky practices led to the economic collapse in 2008.

Sign the Petition to the Super Congress

We, the undersigned, call on the 12-member Joint Select Committee on Deficit Reduction (a.k.a. Super Congress) to end fossil fuel subsidies and enact a financial transactions tax. Doing so would reduce the deficit by more than an estimated $1.1 trillion over 10 years.

Add Your Name to the Petition Below

This petition is no longer active.
1-25 of 14575 signatures
Number Date Name Add a Comment
14575 Fri Dec 23 16:36:40 EST 2011 Anonymous
14574 Fri Dec 23 13:17:15 EST 2011 rachelle aisen
14573 Fri Dec 23 11:43:25 EST 2011 Honey Friedman
14572 Sun Dec 11 19:44:49 EST 2011 cynthia neal
14571 Thu Dec 08 13:06:21 EST 2011 cynthia neal
14570 Wed Dec 07 14:19:36 EST 2011 Jan Sneider-Brown
14569 Tue Dec 06 00:32:32 EST 2011 Elaine Fischer
14568 Thu Dec 01 12:46:46 EST 2011 Tom Baldridge Sanity requires this action.
14567 Thu Dec 01 02:47:55 EST 2011 Danielle
14566 Wed Nov 30 19:11:59 EST 2011 Karen Bravo
14565 Mon Nov 28 17:34:45 EST 2011 Kay Warren No more oil. It is toxic
There are many more alternatives for clean, less expensive energy.
Use them.
14564 Sun Nov 27 20:57:50 EST 2011 R. Schlagal
14563 Sat Nov 26 15:35:15 EST 2011 Paul Grohman
14562 Tue Nov 22 12:31:05 EST 2011 Kenneth Stokem
14561 Sun Nov 20 17:08:16 EST 2011 Susan Skvarla
14560 Sun Nov 20 15:28:50 EST 2011 William Kryzanowski Congress is a pack of whores bribed by Big Corporations.

They care nothing about working Americans and struggling seniors.
14559 Sun Nov 20 11:10:48 EST 2011 Linda Linderman
14558 Sat Nov 19 21:36:36 EST 2011 Anonymous
14557 Fri Nov 18 23:42:21 EST 2011 Robert New
14556 Fri Nov 18 02:25:24 EST 2011 Laura Odom
14555 Fri Nov 18 02:18:42 EST 2011 Eddy Allen
14554 Wed Nov 16 21:49:29 EST 2011 William McKeon
14553 Tue Nov 15 18:13:01 EST 2011 CJ LaFleur
14552 Tue Nov 15 17:40:06 EST 2011 Amy Lippert
14551 Sun Nov 13 11:17:53 EST 2011 thomas nonn
Next ->

© Public Citizen. This Web site is shared by Public Citizen Inc. and Public Citizen Foundation. Learn more about the distinction between these two components of Public Citizen.