Republicans Drop Keystone, Insurance Demand on Debt Limit

[Triana]

Source: Bloomberg

House Republican leaders are giving up efforts to couple a U.S. debt-limit increase with provisions backing the Keystone XL pipeline or repealing an insurance-risk provision in Obamacare, two party leadership aides said.

House leaders lack enough Republican support for either option, and they are looking at other possible conditions to attach to an increase in the debt limit, said the aides, who spoke on condition of anonymity to discuss private talks.

. . .

A suspension of the federal debt limit, enacted by Congress in October, is scheduled to expire Feb. 7. Treasury Secretary Jacob J. Lew has urged Congress to act quickly to raise the cap, saying the government’s ability to meet its obligations will run out before the end of this month.

Republicans so far have been unable to garner enough support for a bill that would seek to extract spending or policy concessions in exchange for raising the cap. Democrats say they won’t accept added conditions to a debt-limit boost.


Read more: http://www.bloomberg.com/news/2014-02-04/house-republicans-undecided-on-u-s-debt-limit-proposal.html

[BlueEye]

1. Probably because they know the Obama Administration will agree to build it regardless.

That State Department report did not look good for the Anti-KXL crowd.

[Sunlei]

8. Long ago Pres. O said he would sign once the permits are done.

It is the permit process these industries use to mine, drill and lay pipelines that are not truthful. Permits to show 'no environmental impact' and emergency disaster plans.

By now, after the gulf oil gusher, we should know those industries are not truthful people. They don't care at all about the environment or the people who will live with their disasters.

I hope the President has learned about being snookered by the good old boys in DOI. He did let Salazar go without asking him to stay.

[sakabatou]

2. Because a clean bill is just too friggin hard to back either

I hate the House.

[Blue_Adept]

3. Didn't they just float this like two days ago?

So much for party unity and support of principles on the Republican side...

[DURHAM D]

4. Darn. I love it when they show their asses. nt

[global1]

5. So When The President Gives The Go-Ahead For Keystone And.....

when the first oil spill occurs as a result - the Repugs will be able to say - well it was Obama that approved it.

[2naSalit]

6. Because they know

that a serious revolt in the public realm could be their complete undoing...?

Nah!

Meanwhile:

http://www.democraticunderground.com/10024448285

[underpants]

7. WOW

That is a surprise. Great points on this post.