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Keystone Pipeline Veto

February 25, 2015

Congressman McClintock delivered the following remarks on the House floor regarding the President's veto of the Keystone Pipeline:

Mr. Speaker:

For more than six years, the President has called for taxpayer-funded infrastructure projects. In the first year of his administration, he squandered nearly a trillion dollars on so-called shovel ready projects that he later joked weren't shovel ready at all.

A trillion dollars is $8,000 taken from every family in America on average – that's what we spent – that's what he joked about when it turned out we got very little for it.

Along comes the Keystone Pipeline. It promised $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's what he vetoed, after it was sent to him with bi-partisan votes out of both houses.

He calls this "middle class economics." The reality is, it is a war on the middle class, and that's no joke.

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