Top Republican says ‘House Democrats are planning to tax shit’
democratic Senators from mining-heavy states seem upset by their House of Representatives counterparts’ attacks on the mining industry $3.5 trillion budget bill.
Two Democrats on the Senate Energy and Natural Resources Committee have talked about a provision in the behemoth budget bill that would make mining operations on federal land more expensive by imposing new taxes and royalty fees on those operations.
Sen. Catherine Cortez Masto, D-Nev. expressed its opposition to the “reform proposal” because the law “would have an undue, outsized effect on the state of Nevada,” whose land is “mostly owned by the federal government” and also “taxes federal land.”
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“But more importantly, pushing this type of reform through the short-term budgeting process will create uncertainty for the industry and the uncertainty that supports thousands of jobs across the country,” said Cortez Masto. said During the hearing of the committee on Tuesday morning.
New Mexico Sen. Martin Heinrich, another Democrat on the committee, urged the Senate to take a more measured approach than the House when it comes to mining measures.
“Madam Chair, my time is up, but I urge us to take the enthusiastic approach that the House of Representatives has taken, but to find a fair and transparent way to compensate taxpayers for these minerals,” Heinrich said. said.
The two committee Democrats joined their Republican allies in opposing the provision.
Committee ranking member John Barrasso, R-Vyo. Fired the budget bill over the proposal, pointing out that House Democrats’ legislative proposal also included a provision that would tax mining firms “based on the amount of mess they move.”
“You Can’t Make This Stuff,” Barrasso said. “House Democrats are planning to tax the shit.”
With overwhelming majority in both the House and Senate, the push against the tax proposal reflects a growing fracture between the far-left progressive wing in the Democratic Party and the party’s moderate members.
Losing the support of two Democratic senators in the 50-50 Senate would be detrimental to Democrats’ plans to pass both their budget reconciliation and infrastructure bills.
The two bills were unable to make it through the House after Democrats failed to strike a deal, delayed the bills, and dealt a major blow to House Speaker Nancy Pelosi, D-Cal.
Houston Keene is a reporter for Granthshala News Digital. You can find her on Twitter @HoustonKeene. can find on