Keystone Pipeline, Highway Bill; Tax Cuts Passed in House

Press Release

By:  John Carter
Date: April 19, 2012
Location: Washington, DC

House Republican Conference Secretary John Carter (TX31) praised fellow House Members for decisively passing dynamic legislation to create jobs and lower gas prices, as the House passed a new highway bill that includes approval of the Keystone pipeline project, anda 20% tax cut incentive for small businesses to create new jobs.

"For the fifth time in two years House Republicans have approved the construction of the Keystone Pipeline that will create up to 20,000 immediate and 130,000 permaent new high-paying jobs and lower gas prices," said Carter. "Coupled with the tax incentive we passed today for job creation nationwide, we can be on the path to bothlower inflation and unemployment in very short order if the Senate and White House are willing to simply cooperate."

The House votes provided a stark contrast to the actions of the Senate Majority Harry Reid (D-NV) and the Obama Administration. The Senate held a failed vote on the so-called "Buffett Rule", a massive new tax increase on job creators, while the Administration unveiled new rules to shut down a large percentage of America's coal-fired power plants, dramatically driving up consumer utility bills.

H.R. 9, the Small Business Tax Cut Act, was a key plank of the Pledge to America, the GOP promise of action to voters in the 2010 election . The bill passed 235-173.

H.R. 4348, an extension of Federal highway aid that included overriding President Obama's blocking of the Keystone Pipeline project, passed by a bipartisan veto-proof 293-127 margin.