Covering Louisiana

Aug 16, 2013 5:26 PM

Landrieu decries effort to tax oil and gas industry

WASHINGTON | U.S. Senator Mary Landrieu, D-La., is pushing back against a proposal by two other senators to raise taxes on the oil and gas industry.

Landrieu issued a statement today on a proposal by Sens. Patty Murray, D-Wash., and Maria Cantwell, D-Wash., that would raise taxes on the oil and gas industry to fund ports in the United States.

"While I agree that the dollars in the Harbor Maintenance Trust Fund need to be used for the intended purpose of investing in our ports, the oil and gas companies that support nine million good-paying jobs in this country are not ATMs for Congress to run to every time there is a need for additional revenue," Landrieu said. "We should continue building on the progress we made in the Senate WRDA bill that will ensure the Harbor Maintenance Trust Fund is used to keep commerce flowing at our country's more than 300 ports."

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