big oil

The Interior Department Inspector General investigated misconduct at the Minerals Management Service—the office charged with collecting billions of dollars of revenue from oil and gas companies—and found that nearly one-third of the staff in this program received gifts from oil and gas companies.

McCain would cut the corporate tax rate from 35 to 25 percent and give corporations larger tax deductions. Big oil companies would receive an additional $3.8 billion every year under his plan—$1.2 billion a year for Exxon Mobil alone.