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First buzzed by: Honey

Has Obama broken his first campaign promise?

In June, during his campaign for presidency, Barack Obama promised that he would institute a "windfall profits tax" on US oil companies. "I'll make oil companies like Exxon pay a tax on their windfall profits, and we'll use the money to help families pay for their skyrocketing energy costs and other bills," he said at the time.

Of course, crude was above $140 a barrel back then, and U.S.… » Full Story on Salon.com
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