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Tuesday, April 26, 2011

Ending oil tax breaks would hike prices-Boehner aide, Posted by Meosha Eaton

WASHINGTON, April 26 (Reuters) - President Barack Obama's call for ending some oil and gas industry tax breaks "would simply raise taxes and increase the price (of gasoline) at the pump," a spokesman for House Speaker John Boehner said on Tuesday.

The spokesman's remarks came a day after Boehner, in an interview on ABC News, said Congress should "take a look" at the multi-billion oil industry tax breaks.

(Reporting by Richard Cowan, Editing by Sandra Maler)

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