$478B Infrastructure Bill Blocked by Senate GOP

[KamaAina]

http://finance.yahoo.com/news/478b-infrastructure-bill-blocked-senate-123000148.html

It was another clear reminder of just how far apart the two parties are on any number of issues – including how to finance infrastructure spending.

Senate Republicans defeated a Democratic amendment to the proposed 2016 budget on Tuesday. It was aimed at kick-starting negotiations between the White House and Congress over a new multi-year program for funding highway, bridge and other infrastructure projects.

The amendment, offered by Democratic socialist Sen. Bernie Sanders (I-VT), called for $478 billion in new spending over six years but without increasing the deficit. The amendment went down 52 to 45 along party lines.

Sanders, the ranking member of the Senate Budget Committee, had argued his plan was “deficit neutral.” Hundreds of billions in new spending would have been offset by closing a number of corporate tax breaks that allow some major companies to escape paying taxes or stash profits overseas. But Republicans objected and said a large tax increase on business was not the right economic plan. They want to create a new “deficit neutral reserve fund” to supplement federal infrastructure spending.

We don't need no 'Murkin jobs!

Oh yes, expect to see the S-word in every M$M reference to Bernie between now and next year.

[NV Whino]

1. May they hit a pothole

Crash into a retaining wall and rot in hell, counting their corroded pennies.

[Turbineguy]

2. Probably a smart idea.

When you're bent on destroying the economy, why waste money on infrastructure?

[Yo_Mama_Been_Loggin]

3. We don need no gol dang inferstrucher

Let the free market handle it. Let's hear it for freedumb!

[99Forever]

4. "Far apart" until it comes time to cram TPA and TPP down our throats.

It ALL Kabuki Theater designed to distract us while they rob us blind.

Lying bastards.