Saturday, December 17, 2011

Payroll Tax Bill and Keystone Pipeline - #3501 - Report: Dems, Obama agree to GOP's Keystone Pipeline Provision - Hot Air

So the rumblings about a cave-in were apparently true. Can’t find anything on the wires yet, but Guy Benson of Townhall hears from a “senior GOP source” that it’s a done deal and Fox News’s Chad Pergram quotes Lamar Alexander as saying, “We’re very pleased with the decision on the Keystone pipeline.” Benson: Round one of this fight went to Obama. Round two, to the GOP. Round three? A TKO decision for Republicans. A senior GOP source tells me that Democrats have agreed to a two-month extension of the temporary payroll tax cuts — plus unemployment benefits and the “doc fix” — with some extra Christmas goodies for conservatives. Quote: “Two-month extension, PLUS Keystone. Fully paid for; no tax hikes. Hallelujah.” Note that it’s not a comprehensive deal on the payroll tax, just a two-month extension, but that means there’ll be another opportunity for more goodies soon. Smells like victory, and yet … that possibility troubles my eeyorish mind. Let me throw you a pessimistic curveball cribbed from the comments in the other Keystone thread: What if Obama’s secretly been hoping for this outcome? His problem with the pipeline was that it forces him to choose between environmentalists and labor. He’d love to have those new jobs so that he has some teeny tiny economic accomplishment to tout next year, but he doesn’t want to tick off the greens by rubber-stamping approval of the pipeline.  Read more........

1 comment:

  1. New jobs are needed more than ever and this project can really boost the economy not only in the US but also in Canada. I think Obama should realize that if his administration passes up this chance other countries such as China will benefit from the Canadian natural resources. According to the latest reports the energy sector in Canada has recently been on the rise and it may contribute a great deal to the economic recovery in the country in upcoming years.