Thursday, November 3, 2011

Infrastructure Bill Fails to Advance

The Democratic infrastructure bill failed to pass the hurdle of a Republican filibuster today, as the minority party managed to halt the bill despite the fact that it received a majority of Yea votes. The bill featured 60 billion dollars in infrastructure spending, including a 10 billion dollar infrastructure bank which Republicans have historically supported - unless, of course, Barack Obama is President and he chooses to fund the Bank with a 0.7% surtax on incomes over a million dollars.

Sensing that Obama will claim - with justification - that Republicans have obstructed job creation efforts so that millionaires can keep an extra 0.7% of their income, Mitch McConnel has claimed that "Democrats are more interested in building a campaign message than rebuilding roads and bridges." Rather audacious words coming from the man who once proclaimed that "the single most important thing we want to achieve is for President Obama to be a one-term President."

Such partisan bickering from McConnel is disheartening, but has become all to familiar in today's political climate. Perhaps Zero Hedge says is the best: "America decouples right on schedule: Senate Fails to Advance Democrats' $60 BLN Infrastructure Plan." But let's not pretend that both parties are equally complicit in fracturing our country's politics, and in letting our infrastructure to continue to crumble.

No comments:

Post a Comment