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Thursday, December 08, 2011

House Majority Introduces Payroll Tax Cut Linked To Keystone XL Pipeline

Today, House Republicans announced a plan to extend the payroll tax cut and linked it to creating American jobs through approval of the Keystone XL Pipeline. The pipeline has the potential to create 130,000 jobs and provide $20 billion of private investment to boost the American economy. In addition, the pipeline would help secure America’s energy future by bringing 830,000 barrels of crude oil from Canada to American refineries. Despite President Obama threatening to veto the job-creating Keystone Pipeline, Representative Harris fully supports the plan announced today.

“Americans need the truly ‘shovel-ready’ jobs and economic investment that the Keystone XL Pipeline will provide,” said Rep. Andy Harris (MD-01). “The plan that the House majority has introduced is an excellent compromise that will extend tax cuts to the middle class, create tens of thousands of jobs, and will help secure America’s energy future. I am deeply disappointed that President Obama has promised to veto this bill to extend tax relief to our citizens over the Keystone pipeline provision that actually creates jobs without spending a dime of taxpayer money while lowering the price of gasoline and diesel as well.”

2 comments:

Anonymous said...

well by golly; this can't be passed by the demos because it makes sense to do so. this bill will create many much needed jobs and not cost taxpayers. this can't possibly pass.

Anonymous said...

This is the typical political BS coming from our elected officials. We can lower the price of gasoline and diesel by reducing the federal tax on those items and cutting spending somewhere else to make up the "loss." Now there's a tax cut that will benefit all Americans.