Senate Republicans filibustered a bill yesterday that would provide $30 billion in much needed loans for small businesses and provide $12 billion in tax credits as well. The GOP wanted to add a number of amendments to the bill on the Estate tax and on extending all the Bush tax cuts but the Democrats would only let them add three amendments related to the bill.
Republicans who had helped write the bill then blocked it. You don't have to be a policy wonk to understand the underlying story here. The GOP amendments are a poison pill that the Democrats will not support. They know this. Their goal is to deny the Democrats any credit before the November elections.
Mary Landrieu (D-LA) sponsor of the bill harshly criticized Mitch McConnell GOP Senate leader for blocking the measure, and warned that some businesses might fail.
“Our businesses have picked up enough weight; they can’t handle that weight,” she said in a floor speech. “And if we don’t give them some help now, today, many of them aren’t going to be here — I want the senator from Kentucky to know — when we show up in September.”
It's time the Democrats went Weiner (see post below) on the GOP 24/7. Let the American people know what where the Republican's priorities lie.
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