[Congressional Record Volume 157, Number 175 (Wednesday, November 16, 2011)]
[House]
[Page H7639]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          KEYSTONE XL PIPELINE

  (Mr. PITTS asked and was given permission to address the House for 1 
minute.)
  Mr. PITTS. Madam Speaker, this is a tale of two jobs programs.
  In the first, the government moves to put $500 million in loans in a 
private company. These loans are supposed to build a factory and create 
what the Vice President calls permanent jobs. The President tours their 
facilities, the Secretary of Energy lauds the company, top White House 
officials show an interest in the project, OMB worries are overruled, 
and the money is handed out. A year later, the company is bankrupt and 
all of the government money is lost.
  In the second tale, a private company wants to build a pipeline that 
would create 20,000 jobs directly and a hundred thousand jobs 
indirectly. They don't need a single dime of government money. In fact, 
they're paying the bill for significant government environmental 
reviews of the project. Even though their project is declared safe by 
the State Department, they're ordered to perform another year of 
environmental studies.
  Solyndra and Keystone XL--we have a White House that is eager to 
waste the public's money on one failing company but stands in the way 
of another company who doesn't need a dollar from the American 
taxpayer. Go figure.

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