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Chuck Schumer: Congressional Republicans Losing Roadblock Game With Payroll Tax, STOCK Act

Chuck Schumer

First Posted: 02/ 2/2012 5:40 pm Updated: 02/ 3/2012 12:07 am

WASHINGTON -- Congressional Republicans have lost their roadblock mojo, Democratic Sen. Chuck Schumer said Thursday, suggesting GOP members may be trying to kill a pair of popular bills their leaders say they support.

One is the the Stop Trading on Congressional Knowledge Act, or STOCK Act, barring Congress from insider trading -- expected to pass the Senate Thursday. The other is an extension of the payroll tax cut, which runs out at the end of the month.

"Republicans seem like they want to kick the can down the road on the STOCK Act, and they also seem to want to run out the clock on the tax cut for the middle class," Schumer, of New York, charged in a Capitol Hill press conference. "Their obstruction, which they did more artfully last year, is now becoming clear to the public. Their idea of blocking bills with no fingerprints on them is gone."

Schumer and other Democratic leaders raised doubts about Republican sincerity on both measures. On the STOCK Act, for example, Republican senators objected to Republican amendments earlier in the week, even after the Senate voted 93-2 to start work on the bill.

"Even more worrisome, you have the House, especially Leader Cantor, being vague about whether he'll take this up when it passes the Senate, even if it covers the administration, which was his original objection," Schumer said, referring to House Majority Leader Eric Cantor (R-Va.), who insisted that White House employees be subject to the STOCK Act's ethics rules.

"If you didn't know better, you'd think this effort by the Republicans to make never-ending so-called improvements to the bill was really just a clever tactic to kill it," Schumer said.

Cantor's office scoffed at the charge, noting that Cantor this week promised to bring out a House version of the bill this month. The measure has languished through Democratic-controlled Congresses as well, Cantor's office said.

"Sen. Schumer should ask now-Minority Leader Pelosi why she buried this bill throughout her entire speakership, and why the Democratic-controlled Senate has ignored it for years," Cantor spokesman Brad Dayspring said in an email. "Eric Cantor has been a leading advocate of the STOCK Act and is committed to passing the strongest bill possible as soon as possible."

But the Democrats' charges went beyond the STOCK Act, to the extension of the payroll tax credit, unemployment benefits and enhanced Medicare payments to doctors, all of which nearly ran out in a pre-Christmas showdown and are now set to expire at the end of this month.

"We'd prefer a bipartisan agreement, but thus far, particularly in the House … when they spend all morning talking about" incinerator deregulation, "we doubt their enthusiasm to get a payroll tax cut done," Reid said.

Reid said Democrats would raise the pressure on GOP members by forcing them to vote on measures to extend the payroll cuts and other provisions before Feb. 29.

"I want everybody to be put on notice, that we are not going to walk away from this without having some serious votes," said Reid. "If they're unwilling to do something on a bipartisan basis, then we're going to do something to move the bill forward."

Speaking to a handful of reporters later, Schumer elaborated on the GOP's waning ability to stall. "I think you're seeing things changing," he said. "When the fingerprints are visible on obstructionist acts [against legislation] that the public wants very much, they have to back off. Last year, they weren't backing off. It's a difference, and I hope it's a difference that stays."

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WASHINGTON -- Congressional Republicans have lost their roadblock mojo, Democratic Sen. Chuck Schumer said Thursday, suggesting GOP members may be trying to kill a pair of popular bills their leaders ...
WASHINGTON -- Congressional Republicans have lost their roadblock mojo, Democratic Sen. Chuck Schumer said Thursday, suggesting GOP members may be trying to kill a pair of popular bills their leaders ...
 
 
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12:14 PM on 02/04/2012
It's encouraging to see the obstructionism is starting to wear out. Both sides of the aisle need to get to work on serving the citizenry. Congress is a service industry, Senators and MOC should enter through the kitchen.

The STOCK Act has the potential of weeding out the legislators who are in it for their own selves. Once running for office ceases to be profitable, then fewer crooks will run for office.
01:06 PM on 02/04/2012
Yes, take away the perks and the likelihood of getting representatives with a FOCUS on what's GOOD FOR THE COUNTRY will increase.

I think it's the same thing with the illegal immigration issue...if there were no employers hiring them, they would cease to have their main reason for coming to the U.S.
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RC Hindle
"Power isn't all that money buys"
12:00 PM on 02/04/2012
What I think we have here is an artfully-disguised preemptive strike by the Dems to keep Cantor and the tp/gop from trying to sabotage this bill. From Cantor's reaction, I'd say he succeeded.
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sylvia wadlington
Gnothi Seauton
11:35 AM on 02/04/2012
Protect women's LIVES and RIGHTS.
Protect social secuity and medicare.
Protect workers rights.
Protect American's Voting rights.
Protect America's water supply from big oil FRACKING.
Protect our young by not going to war with Iran for big oil.
Protect our health care from big insurance and big pharma.

Vote all Republican OBSTRUCTIONISTS out of local, state and federal government.
ENCOURAGE those non republicans and VETERANS to run for political office that care about our country and her people.
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l78lancer
Wisdom is the principal thing
01:49 AM on 02/04/2012
Clearly the responsibility of carrying the majority is getting a little heavy for Cantor and that bunch.

If you are the majority, either vote it up or vote it down, but stop talking and stop stalling. You have far less guts than Nancy ever had.
02:26 PM on 02/03/2012
82% of Americans want's Congress cleaned out, meaning they would vote their own Rep. out of office. There going to need more than this to fix there image, their going to have to help the President with economy.
02:23 PM on 02/03/2012
I think little Eric Can'ter is nervous.

It appears Cantor is going to be easy pickings for Democrats in the 2012 election. Democrats would be wise to run a moderate because it is obvious Virginians are not going to tolerate radical politicians like Eric Cantor. In PPP's latest Virginia Poll release Cantor's approval rating is 29%.
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l78lancer
Wisdom is the principal thing
01:45 AM on 02/04/2012
Gosh, I hope you're right.
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mephillipsr
Retired
01:41 PM on 02/03/2012
It makes no difference, there's a back door in there somewhere, believe it and if there isn't the GOP will never let it pass in the House. You can believe that as well.
02:27 PM on 02/03/2012
A crook like Boehner isn't to give up his golf outings and booze.
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map1246
IT1579
12:56 PM on 02/03/2012
Schumer is the guy who protected Madoff.
02:27 PM on 02/03/2012
Sure he did.
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map1246
IT1579
02:51 PM on 02/03/2012
Madoff gave Democrat senators over $100,000 dollars. Schumer was Madoff's buddy until Madoff got caught.
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charleymyboy
10:11 AM on 02/03/2012
Ya know eric, I don't give a damn about what Pelosi did or didn't do.

The point is YOU are in control now and you have a choice, pass the STOCK Act or obfuscate and delay (something you are very good at).
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RC Hindle
"Power isn't all that money buys"
12:02 PM on 02/04/2012
Excellent post!

F&F
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tpcinaz
I love republicans...they taste just like chicken.
09:36 AM on 02/03/2012
I do agree that republicans have to stop with the obstruction nonsense...but if I hear one more politician say "kicking the can down the road" I think I'm going to throw up.

Pick a new catch phrase, please.
02:29 PM on 02/03/2012
I would like to kick some of their a@@es down the road.
RonP58
A voice of reason, in a world of ignorance
08:28 AM on 02/03/2012
well, "Bawling Boehner" will attempt to find some way to "keep the TeaPublican Dream alive"....another in a long line of TeaPublican failures as elected officials......

Time to "de-louse" Congress....Vote the Do-Nothing, Obstructionists out of office......
02:30 PM on 02/03/2012
The tea-baggers are more than hated than Islamic terrorist these days.
RonP58
A voice of reason, in a world of ignorance
08:59 AM on 02/04/2012
and that "dislike" will translate into defeat at the polls in November...
08:28 AM on 02/03/2012
If Eric Cantor was worried about white house and insider trading - he sure was quiet during the bushie days.

Come to think of it, if any of these clowns were serious about congressional insider trading - they would have passed this legislation years ago.
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Kate Zeiss
What fresh Hell is this?
09:26 AM on 02/03/2012
This was the same Eric Cantor who walked out of the debt ceiling negotiations (probably with his fingers crossed):

"Want to know why House Majority Leader Eric Cantor REALLY walked away from debt-limit negotiations last week? Because he has a financial stake in our nation defaulting on its debt. According to Cantor’s latest financial disclosures – he has a $15,000 short on the dollar – in other words, a $15,000 bet that the US dollar’s value will plummet. And there’s no better way to cause the dollar to lose value – than to ensure America defaults on its debt. Cantor’s office dismissed concerns over what appears to be a blatant conflict of interest – arguing that the short bet is just part of a “balanced portfolio.” I’ve been saying Republicans want to crash the economy to make President Obama look bad in 2012 – but it appears they also want to crash the economy to pad their own bank accounts as well."

http://www­.truth-out­.org/news-­thom-hartm­ann-majori­ty-leader-­eric-canto­r-has-fina­ncial-stak­e-dollar-c­ollapse/13­09535973%20”
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Mark Gunn
Prophet Of Rage !
08:17 AM on 02/03/2012
The only problem is that if you want to accelerate job creation, which is necessary if you want to get those 6 million people who lost their job during the 2007-2009 and who didn't find work since 2009 yet (2 of the 8 million already found a new job), back to work, then sooner or later we'll need a jobs bill. The GOP knows this. And that's PRECISELY why they're blocking every jobs bill, as their first priority is to make Obama fail, which will only be possible if they make the country fail.
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bigmaddy
Retired Union, USN
08:59 AM on 02/03/2012
Agreed.........fan n fav
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Kate Zeiss
What fresh Hell is this?
09:29 AM on 02/03/2012
They're losing that fight . . . jobs report just came out this AM and 243K jobs were added, far exceeding expectations.
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Mark Gunn
Prophet Of Rage !
08:17 AM on 02/03/2012
First, they never had a supermajority, in 2009 they had 58 Senators, in 2010, 57. You need 60 Senators to have a supermajority. Second, in 2009 the two Independent Senators helped those 58 Senators pass some historic economic emergency measures. And what happened? When Bush left, GDP was at -7% . When it's at -10% you have a depression*. That's what we were heading to, as each quarter GDP become more and more negative. We also had a downward spiral when it comes to jobs.

We were losing each month 100,000 jobs more than the previous month, and when Bush left lost already 800,000 jobs a month. LESS THAN A YEAR after Obama's emergency measures were implemented, GDP was back at +6.4%, and monthly job numbers were back to pre-recession levels at an average of 150,000 new private sector jobs a month.

Things only started to slow down when the GOP acquired the power to block bills in the Senate and BLOCKED a vote on every single serious jobs bills the Dems continued to pass in 2010 (bills that were fully paid for, in other words didn't add a DIME to the deficit!).
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bigmaddy
Retired Union, USN
09:08 AM on 02/03/2012
The trolls can't understand that their economic ideas is what caused the Great Drepression and Bush's Great Recession. It looks like American has had a very rude awakening on GOP miss management of the country thats why some republican are rushing to push there anti-labor laws because they know they will be history after the November elections.
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sylvia wadlington
Gnothi Seauton
11:23 AM on 02/04/2012
It's called the scorched earth policy. They intend to damage the country so throughly that no matter who is elected the country won't be able to recover for years and their carpetbagger sponsors will get even richer and be able to destroy the GREEN energy industry. The really big mistake they are making is thinking the carpetbaggers are going to take care of them once they are thrown out of congress. Right now all the republican candidates for ANY office are on their way to living under bridges. And those bridges are going to crumble around them.
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pepper1311
POGS are dirt
08:12 AM on 02/03/2012
Chucky voted for the repeal go Glass Segal. He likes the free market, so now he's a man of the people. Where was he in 1998? Cock roaches all....
10:55 AM on 02/03/2012
That 's the problem with senators from the NY financial sector.