{"id":498,"date":"2008-09-26T15:48:56","date_gmt":"2008-09-26T19:48:56","guid":{"rendered":"http:\/\/www.jasetaro.com\/blog\/?p=498"},"modified":"2008-09-26T16:07:58","modified_gmt":"2008-09-26T20:07:58","slug":"crash-burn-harry-reid%e2%80%99s-56-billion-stimulusoil-shale-ban-bill-augers-in","status":"publish","type":"post","link":"https:\/\/www.jasetaro.com\/blog\/2008\/09\/26\/crash-burn-harry-reid%e2%80%99s-56-billion-stimulusoil-shale-ban-bill-augers-in\/","title":{"rendered":"Crash & Burn: Harry Reid\u2019s $56 Billion Stimulus\/Oil Shale Ban Bill Augers In."},"content":{"rendered":"

Reuters is reporting<\/a> that Harry Reid’s $56.2 Billion economic stimulus\/oil shale ban bill has failed in the Senate:<\/p>\n

WASHINGTON (Reuters) – The Senate on Friday blocked a $56.2 billion economic stimulus package that would have extended unemployment benefits, increased food aid and funded new construction projects to create jobs.<\/p>\n

The 52-42 vote fell short of the 60 votes needed in the 100-member Senate for Democrats to clear a Republican procedural hurdle and move toward passage of the bill, which backers said would give the ailing U.S. economy a needed boost.<\/p>\n

The House of Representatives plans to consider a slightly different stimulus package as soon as Friday afternoon but chances of any stimulus bill becoming law appear slim as the White House has threatened a veto.<\/p>\n

The bill would have kept in place a ban on development of domestic oil shale deposits that expires next week.<\/strong><\/p>\n

The Democratic-controlled Congress passed a $168 billion stimulus package in January that relied mostly on tax rebates to spark consumer spending.<\/p>\n

While that measure has been credited with contributing to economic growth, consumers have been hurt by rising food and energy prices, a higher unemployment rate and continued home foreclosures.<\/p>\n

Democrats said the second attempt would help struggling consumers at a time when Congress is considering an unpopular $700 billion Wall Street bailout shortly before the November 4 presidential and congressional elections.<\/p>\n

“What about the honest, hard-working, play-by-the-rule citizens at the bottom of this pyramid left in the ruins after years of mismanagement and outright malpractice by the titans of the financial industry?” said Iowa Democratic Sen. Tom Harkin.<\/p>\n

Republicans said they did not have time to review the spending measures properly and the White House said the increased spending could lead to higher taxes or deficits.<\/p><\/blockquote>\n

Update <\/strong>(H\/T: Michelle Malkin<\/a>):<\/strong> The house votes this afternoon… Call your Representative and urge him or her to hold the line: (202) 224-3121.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Reuters is reporting that Harry Reid’s $56.2 Billion economic stimulus\/oil shale ban bill has failed in the Senate: WASHINGTON (Reuters) – The Senate on Friday blocked a $56.2 billion economic stimulus package that would have extended unemployment benefits, increased food aid and funded new construction projects to create jobs. The 52-42 vote fell short of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[26,7],"tags":[161,162,168],"class_list":["post-498","post","type-post","status-publish","format-standard","category-economy","category-politics","tag-harry-reid","tag-oil-shale","tag-stimulus","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfpI7-82","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":474,"url":"https:\/\/www.jasetaro.com\/blog\/2008\/09\/25\/harry-reid-trying-to-sneak-oil-shale-ban-back-into-legislation\/","url_meta":{"origin":498,"position":0},"title":"Harry Reid Trying To Sneak Oil Shale Ban Back Into Legislation","author":"Jeff","date":"September 25, 2008","format":false,"excerpt":"Senator Jim DeMint\u2019s office reports that Senate Majority Leader Harry Reid is trying to sneak an extension of the oil shale ban into legislation under cover of the bailout frenzy. Sec 1602 continues ban on oil shale. The language follows: SEC. 1602. Notwithstanding any other provision of law, including section\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1466,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/02\/10\/porkulus-passes-61-37\/","url_meta":{"origin":498,"position":1},"title":"Porkulus Passes 61-37","author":"Jeff","date":"February 10, 2009","format":false,"excerpt":"The senate voted 61-37 in favor of the $838 billion pork stuffed stimulus package. Erstwhile republicans Arlen Specter, Olympia Snowe and Susan Collins joined democrats in supporting the bill. Judd Gregg abstained. God Save us from bipartisanship!","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1419,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/01\/29\/smoot-hawley-rides-again\/","url_meta":{"origin":498,"position":2},"title":"Smoot-Hawley Rides Again???","author":"Jeff","date":"January 29, 2009","format":false,"excerpt":"The Washington Post has a detailed report on protectionist language in the Democrat's pork laden stimulus bill that could trigger a trade war: The stimulus bill passed by the House last night contains a controversial provision that would mostly bar foreign steel and iron from the infrastructure projects laid out\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1457,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/02\/05\/tom-coburn-the-stimulus-package-is-more-debt-we-dont-need\/","url_meta":{"origin":498,"position":3},"title":"Tom Coburn: The Stimulus Package Is More Debt We Don’t Need","author":"Jeff","date":"February 5, 2009","format":false,"excerpt":"I wanted to mention Sen. Tom Coburn's Op Ed in the Wall Street Journal yesterday, but I didn't get chance. Coburn gets right to the heart of the matter this pork stuffed crap sandwich \"will not only fail to stimulate the economy, but could seriously delay economic recovery.\" As the\u2026","rel":"","context":"In "Politics"","block_context":{"text":"Politics","link":"https:\/\/www.jasetaro.com\/blog\/category\/politics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1536,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/02\/18\/healthcare-provisions-of-stimulus-law-not-well-understood\/","url_meta":{"origin":498,"position":4},"title":"Healthcare Provisions of Stimulus Law Not Well Understood","author":"Jeff","date":"February 18, 2009","format":false,"excerpt":"CNSNews.com has two must read pieces on the stimulus laws healthcare provisions... The first deals with the plans National Medical Records System provisions: Stimulus Law Does Not Require All Americans to Enter Their Medical Records into National System, Dems Say By Josiah Ryan, Staff Writer, CNSNews.com, Tuesday, February 17, 2009\u2026","rel":"","context":"In "Health Care"","block_context":{"text":"Health Care","link":"https:\/\/www.jasetaro.com\/blog\/category\/health-care\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1513,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/02\/13\/senate-passes-pork-laden-stimulus-bill\/","url_meta":{"origin":498,"position":5},"title":"Senate Passes Pork Laden Stimulus Bill","author":"Jeff","date":"February 13, 2009","format":false,"excerpt":"The final vote tally is in... The Senate approved the measure 60-38 with three erstwhile Republicans, Alren Specter, Olympia Snowe and Susan Collins providing\u00a0 the votes needed for passage. No surprise really we all knew Specter, Collins and Snowe would vote with the Democrats... While I'm not happy about it\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/comments?post=498"}],"version-history":[{"count":0,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/498\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/media?parent=498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/categories?post=498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/tags?post=498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}