OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Keystone Pipeline Veto

Floor Speech

Date: Feb. 25, 2015
Location: Washington, DC
Issues: Oil and Gas Employment and Affirmative Action

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Mr. McCLINTOCK. Mr. Speaker, for more than 6 years, the President has called for taxpayer-funded infrastructure projects. In the first year of his administration, he squandered nearly $1 trillion on so-called shovel-ready projects that he later joked weren't shovel ready at all. Mr. Speaker, $1 trillion is $8,000 taken from every family in America, on average. That is what we spent. That is what he joked about when it turned out we got very little for it.

Now along comes the Keystone pipeline. It promises $8 billion of private investment at no cost to taxpayers. That major infrastructure project would have produced 42,000 construction-related jobs and, when finished, more than a half million barrels a day of Canadian crude oil entering the American economy. That is what he vetoed after it was sent to him with bipartisan votes out of both Houses.

He calls this middle class economics. The reality is it is a war on the middle class. And that is no joke.

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