Fitch Ratings: A-
Moody's Investors Service: A1
Standard & Poor's: A-
I mean it, the US Transportation Bill is a prime example. Drop the Keystone Pipeline, it is an issue for the State Department and pass the 5 year Transportation Bill. The Republicans are stalling and it is having a heavy impact on the economy. They are such a joke. They can't even commit to construction for out of work construction workers.
By Chris
Megerian and Anthony York, Los Angeles Times
May 12,
2012, 8:46 p.m.
"We will have to go
much further, and make cuts far greater, than I asked for at the beginning of
the year," Brown said in a video posted Saturday on You Tube. He plans to detail his revised spending plan
in the Capitol on Monday.
It's a significant setback
for Brown, who began his return engagement in Sacramento by promising to get
the budget back under control. Advocates expect the state's financial problems
to take an even greater toll on welfare and healthcare for the poor; state
workers are also bracing for cuts….
The Keystone Pipeline already exists. The NEW Keystone XL (EXTENSION) Pipeline is a pork barrel project. Get rid of it and pass the BILL! The Keystone XL Pipeline is a political tool and nothing else. There is no reason for IT. KNOCK IT OFF!!!!!!!!!!!!!!
Due to the lack of backbone by Republicans to stand up to the petroleum industry and say "NO!" the Transportation Spending Bill,. which is usually a five year bill, was passed for three months. Not only that, but, to defend their aquifer, Nebraska authorized spending of $2 billion on an environmental study to take about two years, BECAUSE, The Ogallala Aquifer spans eight states, provides drinking water for two million people, and supports $20 billion in agriculture.
This is ridiculous. The State of Nebraska should not have to defend its water supply because of a bunch of idiot ideologues in Washington, DC!
Every state in the union needs the revenue, they need the employment and they need the better infrastructure, THEY DON'T NEED ANOTHER G.D. PIPELINE!
Friday, May. 11, 2012
McClatchy-Tribune News Service
A congressional
conference committee this week started trying to reconcile radically different
provisions of two different transportation bills passed by the U.S. Senate and
the House of Representatives.
Passing a viable transportation bill is crucially important for
the still-sluggish American economy. Usually, except for fighting over who gets
what share of the public works money, political parties cooperate on such
bills. They authorize highways, bridges and public transit systems, among other
things, projects that create jobs and improved infrastructure that benefits
consumers and businesses alike.
But
this year the House chose a silly approach: a three-month extension of current
authorizations larded down with election-year ideology and nonsense....
...The
Senate's more serious two-year bill keeps the focus on current and future
transportation needs. What a concept.
The silliest
House provision would grant approval to a Canadian company's controversial
application to add about 1,600 miles to an existing 2,100-mile oil pipeline
system. TransCanada's Keystone pipeline already runs from northern Alberta to
Cushing, Okla., with a spur running across Missouri to refinery and storage
facilities at Roxana and Patoka, Ill.
The new
Keystone XL proposal adds another pipeline along a different route from Canada
to Cushing and then on to Texas refineries in Houston and Port Arthur on the
Gulf coast.
As we
have noted before, the Keystone XL proposal is a hustle being sold on phony
promises of tens of thousands of jobs and environmental safety. This latest
Republican-led attempt (with the support of some Democrats and labor unions) to
bypass procedural safeguards and force the proposal down America's throat is no
more acceptable than the previous failed attempt in January….
Read more here: http://www.bnd.com/2012/05/11/2172602/new-transportation-bill-must-be.html#storylink=cpy
