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Senate Republicans Defeat Democrats' Bill to Scrap Big Oil Tax Breaks

Comstock Images/Thinkstock(WASHINGTON) -- Senate Republicans Tuesday evening rejected an attempt by Democrats to scrap tax breaks for the five biggest oil companies.

The Democratic bill went down to defeat by a vote of 52-48. It needed 60 votes to advance.

Three Democrats -- Alaska's Mark Begich, Louisiana's Mary Landrieu and Nebraska's Ben Nelson -- broke with their party and voted against the bill, while two Republicans -- Susan Collins and Olympia Snowe, both of Maine -- voted in favor of it.

On Wednesday, the Senate will vote on the GOP’s plan to increase off-shore oil production, a measure also destined for defeat.

Copyright 2011 ABC News Radio

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