Republicans vote to keep big oil tax breaks

Republicans vote to keep big oil tax breaks

March 30, 2012 5:39 AM

Senate Republicans shot down President Obama's plan to repeal $4 billion in tax subsidies for big oil companies, soon after the president had urged them to go along. CBS News senior White House correspondent Bill Plante reports.

  • Recommended
  • Former POWs reunite after 40 years Former POWs reunite after 40 years

    5:04 May 24, 2013

  • All That Mattered: The Brooklyn Bridge turns 130 All That Mattered: The Brooklyn Bridge turns 130

    0:31 May 24, 2013

  • TGI Fridays accused of tampering with premium alcohol TGI Fridays accused of tampering with premium alcohol

    0:43 May 24, 2013

  • Tornado survivor, dog receive outpouring of support Tornado survivor, dog receive outpouring of support

    2:56 May 24, 2013

  • Liberace talks his style in 1985 Liberace talks his style in 1985 "Nightwatch" interview

    1:02 May 24, 2013

  • Headlines at 8:30: Weiner mistakes Pittsburgh skyline for N.Y.C. Headlines at 8:30: Weiner mistakes Pittsburgh skyline for N.Y.C.

    1:49 May 24, 2013

  • Jersey Shore up and running for Memorial Day Jersey Shore up and running for Memorial Day

    1:00 May 24, 2013

  • 48 Hours iPad App

    Big changes for the 2012-2013 season! Watch the current week's episode for FREE up to a week after it airs or subscribe for access to all shows, classic episodes and more!