The Republicans have been bashing the Dems for not pushing this bill, and now that it’s on the floor, they’re blocking it:
WASHINGTON – Senate Republicans have blocked a bill to increase small business lending, dealing a setback to President Barack Obama’s jobs agenda.
The bill would have created a $30 billion government fund to help community banks increase lending to small businesses, combining it with about $12 billion in tax breaks aimed at small businesses. Some Republicans, however, likened it to the unpopular bailout of the financial industry.
Democrats and Republicans will continue to negotiate amendments to the bill. But Thursday’s vote will make it difficult for Congress to pass the bill before lawmakers go on their summer vacation.
It’s the summer of ’94 all over again. Remember Bob Dole voting against his own health care bill?
When voters want to punish the ruling majority, they don’t care about rewarding bad behavior. They just want to punish the ruling majority.
Weren’t Obama and his people obsessed with not being another Clinton? Well, it’s all playing out like before. At least between ’92 and ’94 we got some liberal things through.
Do you think we’ll see this portrayed in the corporate media for the duplicitous backstabbing obstructionism it is? No? I thought not.
“Thursday’s vote will make it difficult for Congress to pass the bill before lawmakers go on their summer vacation.”
Thursday’s vote should make it clear to the Democrats that there is no way to appease the GOP. So we should just ignore them and vote on strict party lines. It should also set the stage for any lame duck session.