Republican Plan to Expand U.S. Offshore Oil Blocked in Senate
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A Republican proposal to expand offshore drilling was blocked in the U.S. Senate, a day after Democrats failed to advance legislation that would repeal $21 billion in tax breaks for five multinational oil companies.
Supporters of the legislation fell 18 votes short today of the 60 needed to advance, with five Republicans joining Democrats in opposition. The tax repeal measure was eight votes short of the required threshold yesterday.