Thursday, December 15, 2011

XL Pipeline Politics Attached To Middle Class Tax Cuts: House Gives Senate A "Poison Pill"

President Obama has indicated that he will veto any tax bill that has language forcing him to approve the Keystone XL pipeline project. The House has passed legislation to that end, and now the Senate will be forced to deal with the pipeline issue. That's not something Obama or the Senate Dem majority would like to deal with, right now


Look for it to be called a "poison pill" strategy, perpetrated by the House GOP, because they don't want to extend the payroll tax cut. Others, like me, will see it as linking tax cuts to greater employment, and daring the Dems to shoot it down. It's almost 2012, and both sides are pullin' out all the stops!


We'll have to see if Sen. Reid brings it up, but the pressure is enormous. I think it's perfect political Jiu Jitsu, with the GOP calling out the President with his own words... "pass this bill, now!" Remember, Reid didn't act on the President's jobs bill, so it would be a big-ass "cave" if he moves on an issue raised by the House GOP. Too bad, if it happens, because it will just prove that the "political center" has moved somewhat to the right, again. No hard feelings, just cold facts....


Let's see what the Senate does about sustaining this payroll tax cut. Nothing, or Something...