Friday, December 9, 2011

Republicans we only care for the poor and middle class if we can make the rich richer!!!

U.S. House Speaker John Boehner and Senate Majority Leader Harry Reid are poised for a collision next week of their bids to extend or expand a payroll tax cut for workers.


House Republicans rallied yesterday behind a plan Boehner is preparing that would pair an extension of the current payroll tax cut with eased restrictions on some industrial emissions and expedited approval of an oil pipeline from Canada. Reid is focused on expanding cuts to the worker payroll tax and using a surtax on annual income exceeding $1 million to pay for it.

The biggest fights likely will center on a Republican demand that the bill include language that would expedite the approval of the Keystone XL pipeline in Canada. The proposed TransCanada Corp. (TRP) pipeline would carry oil from Canada to the U.S. The Obama administration has put off a decision on the pipeline until 2013. An independent study concluded that the pipeline would create no meaningful new jobs and pose an unacceptable risk to the USA’s environment as well as contributing to Canada becoming the largest GHG emitter per capita due to the extraction and processing methods used in the oil sands.

“House Republicans’ bill is a partisan joke that has no chance of passing the Senate,” the Nevada Democrat said in a press release. “Instead of playing political games, Congress should work to find common ground.”

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