Echoing Big Oil, Right-Wing Media Deny Oil Companies' Tax Breaks Are Subsidies

Echoing talking points from the American Petroleum Institute, right-wing media are denying that the tax incentives oil companies receive are a subsidy. However, experts say that such incentives -- legally categorized as tax expenditures -- have effects similar to more direct cash transfers from the government, and tax expenditures make up a major part of the government's energy policy. Read More