{"id":1037608,"date":"2024-07-26T18:05:26","date_gmt":"2024-07-26T22:05:26","guid":{"rendered":"https:\/\/democrats.org\/?p=1037608"},"modified":"2024-07-26T18:05:27","modified_gmt":"2024-07-26T22:05:27","slug":"what-will-the-trump-vance-ticket-sell-off-to-their-ultra-wealthy-big-oil-and-gas-megadonors-next","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/what-will-the-trump-vance-ticket-sell-off-to-their-ultra-wealthy-big-oil-and-gas-megadonors-next\/","title":{"rendered":"What Will the Trump-Vance Ticket Sell Off to Their Ultra-Wealthy Big Oil and Gas Megadonors Next?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"341\" width=\"1024\" src=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?w=1024\" alt=\"\" class=\"wp-image-1031397\" srcset=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png 1500w, https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?resize=300,100 300w, https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?resize=768,256 768w, https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?resize=1024,341 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><em>As JD Vance fundraises with Big Oil megadonors in Oklahoma today, <\/em><strong><em>DNC Rapid Response Director Alex Floyd released the following statement:&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>\u201cDonald Trump has already made it clear he\u2019s bought and for by Big Oil and Gas, and now JD Vance is cozying up to the same special interest backers while putting the ultra-wealthy over hardworking Americans. Vance is all-in on Donald Trump\u2019s reckless Project 2025 agenda that would increase costs for the working families, risk supercharging inflation, and help billionaires to pay less in taxes than the middle-class Americans. The Trump-Vance ticket is ready to sell out to billionaires and rig the economy for the super-rich while leaving hardworking Americans behind \u2013 but voters aren\u2019t buying it.\u201d<\/p>\n\n\n\n<p><strong>TODAY: JD Vance is <\/strong><a href=\"https:\/\/x.com\/reesejgorman\/status\/1815938988148228335?s=46&amp;t=AS_9Em6lWUsoQ0WyLZq4ig\"><strong>fundraising<\/strong><\/a><strong> for more Big Oil and Gas money as the Trump-Vance campaign continues to look for <\/strong><a href=\"https:\/\/www.washingtonpost.com\/politics\/2024\/05\/09\/trump-oil-industry-campaign-money\/\"><strong>$1 billion<\/strong><strong> from Big Oil executives<\/strong><\/a><strong> while promising to pursue an extreme MAGA agenda that puts billionaires ahead of hardworking Americans.<\/strong><\/p>\n\n\n\n<p>Harold Hamm, one of the <a href=\"https:\/\/tulsaworld.com\/news\/state-regional\/government-politics\/elections\/prominent-tulsans-among-hosts-for-j-d-vances-oklahoma-city-fundraiser\/article_c7a001a8-49f4-11ef-8fe9-bfcc46d26bc0.html\">hosts<\/a> of Vance\u2019s Oklahoma City fundraiser today, <a href=\"https:\/\/www.nytimes.com\/2024\/05\/09\/climate\/trump-oil-gas-mar-a-lago.html\">organized<\/a> the meeting where Trump asked Big Oil and Gas donors for $1 billion to his campaign while promising to deregulate their industry if elected.<\/p>\n\n\n\n<p>Other Big Oil donors hosting today\u2019s fundraiser include <a href=\"https:\/\/www.jmaenergy.com\/\">Jeff McDougall<\/a>, <a href=\"https:\/\/www.devonenergy.com\/about-us\/chairman-emeritus\">Larry Nichols<\/a>, and <a href=\"https:\/\/www.eenews.net\/articles\/coal-executive-tapped-to-lead-gop-fundraising-effort\/\">Joe and Kelly Craft<\/a>.&nbsp;<\/p>\n\n\n\n<p><strong>REMINDER: Trump has already sold out hardworking Americans for wealthy Big Oil and Gas donors. <\/strong><strong><br><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.rollingstone.com\/politics\/politics-news\/trump-oil-industry-executive-orders-climate-experts-sound-alarm-1235017726\/\">Rolling Stone<\/a>: <strong>\u201cOil Industry Licks Its Chops for Potential Trump Win as Climate Experts Sound Alarm\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.politico.com\/news\/2024\/05\/08\/oil-industry-orders-trump-day-one-00156705\">Politico<\/a>: <strong>\u201c\u2018A little bold and gross\u2019: Oil industry writes executive orders for Trump to sign\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/climate-environment\/2024\/04\/17\/trump-wind-power-oil-executives\/\">Washington Post<\/a>: <strong>\u201cTrump rails against wind energy in fundraising pitch to oil executives\u201d<\/strong><\/p>\n\n\n\n<p>\u201c\u2018I hate wind,\u2019 Trump told the executives over a meal of chopped steak at his Mar-a-Lago Club and resort in Florida.\u201d<\/p>\n\n\n\n<p><strong>\u201cTrump\u2019s comments reveal how he is wooing potential donors with his long-standing hostility to wind farms and pledges to halt this form of renewable energy if he returns to office. His stance poses a potential threat to one of the linchpins of America\u2019s clean-energy transition<\/strong>, according to more than a dozen Trump allies, energy experts and offshore wind industry officials.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-09\/trump-got-7-4m-from-energy-sector-donors-making-him-their-2024-pick\">Bloomberg<\/a>: \u201cDonald <strong>Trump is the oil and gas industry\u2019s undisputed top pick<\/strong> for the Republican presidential nomination as energy sector donors shower his candidacy with nearly 10 times the amount of money as they gave his challenger Nikki Haley.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/nation\/2023\/11\/10\/trump-oil-gas-donors-climate\/\">Washington Post<\/a>: <strong>\u201cTrump turns to oil barons to boost his White House bid\u201d<\/strong><\/p>\n\n\n\n<p><strong>Trump and Vance are running on an extreme and unpopular Project 2025 agenda that would once again rig the economy for the ultra-wealthy while leaving the middle class behind and risks supercharging inflation.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/x.com\/HeartlandSignal\/status\/1811494802665394616\">Vance<\/a>: <strong>\u201cI\u2019ve reviewed a lot of [Project 2025]. There are some good ideas in there.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1HV089UsGldNxZOnj37vXTwyyQMkh48Lj\/view?usp=sharing\">Vance<\/a> on Trump\u2019s plan that would raise tariffs and raise costs for hardworking Americans: <strong>\u201cThis is a fascinating proposal<\/strong> and we could talk for a while about it.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/x.com\/BidenHQ\/status\/1735406353240219972?s=20\">Trump<\/a>:<strong> \u201cYou\u2019re all people that have a lot of money \u2026 You\u2019re rich as hell. \u2026 We\u2019re gonna give you tax cuts.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vanityfair.com\/news\/2023\/09\/donald-trump-second-term-tax-cuts\">Vanity Fair<\/a>: \u201cDonald<strong> <\/strong>Trump<strong> <\/strong>Wants to Give His Favorite Corporations Another Giant Tax Cut in a Second Term: Report\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cbsnews.com\/news\/two-years-after-trumps-tax-reform-the-middle-class-is-struggling\/\">CBS News<\/a>: <strong>\u201cTwo years after Trump tax cuts, middle-class Americans are falling behind\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.theguardian.com\/business\/2019\/oct\/09\/trump-tax-cuts-helped-billionaires-pay-less\">The Guardian<\/a>: <strong>\u201cDonald Trump\u2019s $1.5tn tax cuts have helped billionaires pay a lower rate than the working class for the first time in history.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.axios.com\/2024\/06\/25\/nobel-prize-winners-biden-economy-trump-inflation\">Axios<\/a>:<strong> \u201cSixteen Nobel prize-winning economists are jumping into the presidential campaign with a stark warning: Former President Trump\u2019s plans would reignite inflation and cause lasting harm to the global economy if he wins in November.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/static.project2025.org\/2025_MandateForLeadership_CHAPTER-22.pdf\">Project 2025<\/a>: \u201cThe corporate income tax rate should be reduced to 18 percent.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.theatlantic.com\/politics\/archive\/2024\/06\/trump-plan-supercharge-inflation\/678566\/\">The Atlantic<\/a>: <strong>\u201cTrump\u2019s Plan to Supercharge Inflation\u201d<\/strong><\/p>\n\n\n\n<p><strong>Vance has repeatedly opposed legislation that protects unions, standing firmly against working people.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.politico.com\/news\/magazine\/2024\/03\/15\/mr-maga-goes-to-washington-00147054\">Politico<\/a>: <strong>\u201cVance has consistently opposed the PRO Act, the \u2018holy grail of pro-union labor reform\u2019 that organized labor and its allies on the Hill have been fighting for over two years to get passed. \u2026 Vance\u2019s skepticism of the PRO Act is part of a more fundamental skepticism that he harbors toward organized labor.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.fastcompany.com\/91157177\/j-d-vance-says-he-is-pro-worker-heres-what-he-really-believes\">Fast Company<\/a>: <strong>\u201cVance also voted in favor of a resolution to strike down the NLRB\u2019s updated joint-employer rule, which would have given workers more leverage when organizing at companies<\/strong>\u2014like Amazon\u2014that rely heavily on third-party contractors, by forcing both employers to participate in labor negotiations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As JD Vance fundraises with Big Oil megadonors in Oklahoma today, DNC Rapid Response Director Alex Floyd released the following statement:&nbsp; \u201cDonald Trump has already made it clear he\u2019s bought and for by Big Oil and Gas, and now JD Vance is cozying up to the same special interest backers while putting the ultra-wealthy over [&hellip;]<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1037608","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Will the Trump-Vance Ticket Sell Off to Their Ultra-Wealthy Big Oil and Gas Megadonors Next? - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/what-will-the-trump-vance-ticket-sell-off-to-their-ultra-wealthy-big-oil-and-gas-megadonors-next\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-26T22:05:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-26T22:05:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?w=1024\" \/>\n<meta name=\"author\" content=\"Claire DePree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire DePree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/what-will-the-trump-vance-ticket-sell-off-to-their-ultra-wealthy-big-oil-and-gas-megadonors-next\/\",\"url\":\"https:\/\/democrats.org\/news\/what-will-the-trump-vance-ticket-sell-off-to-their-ultra-wealthy-big-oil-and-gas-megadonors-next\/\",\"name\":\"What Will the Trump-Vance Ticket Sell Off to Their Ultra-Wealthy Big Oil and Gas Megadonors Next? 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