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Cotton Statement on President Obama’s Proposed Tax on Individual Oil Barrels

February 4, 2016

Contact: Caroline Rabbitt (202)224-2353

Washington, D.C.- Senator Tom Cotton (R-Arkansas) today released the following statement on reports that President Obama's budget will include a tax on individual barrels of oil:

"President Obama's proposed tax on individual barrels of oil would be laughable if it didn't illustrate just how much he's lost touch with reality over the last seven years. While his plan might be applauded by environmentalists and big city liberals, it would be a nightmare for working families. This proposal would effectively double the gas tax-at at time when Arkansas families are enjoying more affordable gas prices. Worse, that tax would unfairly target people in rural states like ours who use more gasoline. This proposal is dead on arrival in the Senate."