Senate Republicans Kill the Democrats' Infrastructure Jobs Bill
Senate Republicans, again, filibustered a component of President Obama's jobs bill, the Rebuild America Jobs Act. In any other world, it would have passed 51-47, but this is a Senate, so a majority vote means that the bill dies. Go USA!
This bill had $10 billion to establish an infrastructure bank, a proposal that has received plenty of Republican support in the past, as well as $50 billion in immediate funding for roads, bridges and airports, something else Republican Senators have supported in the past. When they were just blowing hot air. When it wasn't the nation's infrastructure and economy at stake.
The measure would have been funded by a 0.7 percent surtax on people making more than a million dollars a year, or about 1/500th of American citizens, who would have seen an increase of about 1/217th in their tax bill. Just in case you were left with any doubt over whether Republicans stood with the 1 percent or the 99 percent.
12:46 PM PT: Sens. Ben Nelson and Joe Lieberman voted with the Republicans (I know, you're shocked). The Republican version of the bill, which really didn't have anything much to do with jobs, failed 47-53.