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SATerp
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bigturtle ●
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frode said...
Say it with me...unintended consequences.
**********
The Corporate Average Fuel Economy (CAFE) regulations that President Obama announced last summer will make it impossible for 7 million lower income consumers to buy a new car according to a National Automobile Dealers Association (NADA) study released today.
Obama’s proposed CAFE standards, which will begin taking effect in 2017, raise minimum average vehicle fleet fuel efficiency to 54.5 mpg by 2025. The Environmental Protection Agency and National Highway Traffic Safety Administration estimate that this regulation will raise the average price of passenger cars and light trucks by $3,000.
“The unintended consequences of the proposed fuel economy increases are clear,” NADA Used Car Guide analyst David Wagner said. “If the price of a vehicle goes up by the government estimate of almost $3,000, millions of people will no longer be able to finance a new vehicle.”
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TheRawDogg
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bigturtle ●
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SATerp
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bigturtle ●
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TheRawDogg
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SATerp
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frode said...
“The president’s decision to circumvent the American people by installing his appointees at a powerful federal agency, when the Senate was not in recess, and without obtaining the advice and consent of the Senate, is an unprecedented power grab,” McConnell said. “We will demonstrate to the court how the president’s unconstitutional actions fundamentally endanger the Congress’s role in providing a check on the excesses of the executive branch.”
SATerp
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frode said...
Couple of interesting articles on Dems starting to cave on Keystone, and how Barney Frank's recent criticism of the way Obamacare was handled has opened the floodgates for criticism from a number of Dems.
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When the House voted on the pipeline in July of last year, 47 Democrats broke with the president. Now that it’s an election year and the number is up to 69, look for Republicans to hold more pipeline votes before November. GOP leaders expect even more Democrats to join them.
Then there is the Senate. Democrats are using the filibuster to stop the pipeline, which means 60 votes are required to pass it. (Some Democrats who bitterly opposed the filibuster when Republicans used it against Obama initiatives are notably silent these days.) In a vote last month, 11 Senate Democrats stood up against Obama to vote in favor of the pipeline. Add those 11 to the Republicans’ 47 votes, and the pro-pipeline forces are just a couple of votes away from breaking Harry Reid’s filibuster.
“We’re right around the corner from actually passing it,” says a well-informed Senate source. “Two-hundred-ninety-three votes in the House is a gigantic number. People want this thing.”
*******
An increasing number of Democrats are taking potshots at President Obama’s healthcare law ahead of a Supreme Court decision that could overturn it.
The public grievances have come from centrists and liberals and reflect rising anxiety ahead of November’s elections.
Rep. Dennis Cardoza (D-Calif.) also criticized his party’s handling of the issue, and said he repeatedly called on his leaders to figure out how they were going to pay for the bill, and then figure out what they could afford.
Cardoza, who like Miller will retire at the end of the Congress, said he thought the bill should have been done “in digestible pieces that the American public could understand and that we could implement.”
SATerp
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SATerp
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bigturtle ●
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We are now officially a banana republic.