Hello There, Guest! (LoginRegister)

Post Reply 
News U.S. Taxpayers May Have To Pay $15 Billion In Damages, Thanks Biden*
Author Message
CrimsonPhantom Offline
CUSA Curator
*

Posts: 42,149
Joined: Mar 2013
Reputation: 2404
I Root For: NM State
Location:
Post: #1
U.S. Taxpayers May Have To Pay $15 Billion In Damages, Thanks Biden*
Quote:U.S. taxpayers may have to end up paying $15 billion to the Canadian company behind the Keystone XL Pipeline. The company is seeking damages after Democrat President Joe Biden canceled the pipeline to pursue his far-left energy agenda.

TC Energy announced last month that they were scrapping the project because revoked the permit needed to complete the pipeline. Fox Business noted that a study from the State Department found that the pipeline would have created 26,100 indirect and direct jobs.

TC Energy announced last week that it had “filed a Notice of Intent to initiate a legacy North American Free Trade Agreement (NAFTA) claim under the United States-Mexico-Canada Agreement to recover economic damages resulting from the revocation of the Keystone XL Project’s Presidential Permit,” the company said in a statement. “TC Energy will be seeking to recover more than US$15 billion in damages that it has suffered as a result of the U.S. Government’s breach of its NAFTA obligations.”

The Notice of Intent was filed with the U.S. Department of State.

In May, nearly two dozen state attorneys general filed a lawsuit against the Biden administration for canceling the pipeline, saying that he exceeded his presidential authority.

The attorneys general argue that Biden exceeded his authority because “of a provision Congress tucked into tax legislation in 2011 that required then-President Barack Obama to either approve the pipeline within 60 days or issue a determination that it wasn’t in the national interest,” NBC News reported. “Obama then rejected TransCanada’s (now TC Energy Corp) application weeks later, saying Congress gave him insufficient time, but allowed the company to re-apply, which deferred the decision until after his re-election. Obama later rejected the application, President Donald Trump approved it, and Biden revoked the approval.”

The states that are suing Biden include Texas, Montana, Alabama, Arizona, Arkansas, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Utah, West Virginia, and Wyoming.

The lawsuit states in part:

Revocation of the Keystone XL pipeline permit is a regulation of interstate and international commerce, which can only be accomplished as any other statute can: through the process of bicameralism and presentment. The President lacks the power to enact his “ambitious plan” to reshape the economy in defiance of Congress’s unwillingness to do so. To the extent that Congress had delegated such authority, it would violate the non-delegation doctrine. But Congress has not delegated such authority: It set specific rules regarding what actions the President can take about Keystone XL and when. The President, together with various senior executive officials, violated those rules. The action should be set aside as inconsistent with the Constitution and the Administrative Procedure Act, 5 U.S.C. §§ 500, et seq.

Biden has even faced criticism from his own party for his far-left energy agenda as some Democrats have noted that pipelines are the safest way to transport oil while others have noted that Biden’s decision will their hurt their state.

Link

Wow, we literally have to pay for the privilege of paying more for gas. But thanks for saving me 16¢ on hotdogs.
07-06-2021 12:16 PM
Visit this user's website Find all posts by this user Quote this message in a reply
Advertisement


CardinalJim Offline
Welcome to The New Age
*

Posts: 16,607
Joined: Apr 2004
Reputation: 3016
I Root For: Louisville
Location: Staffordsville, KY
Post: #2
RE: U.S. Taxpayers May Have To Pay $15 Billion In Damages, Thanks Biden*
This administration’s grandstanding via the executive order has proven to be the biggest misstep in what has quickly become a comedy of errors. It would be funny if it wasn’t our country and its future weren’t in peril.
07-06-2021 12:32 PM
Find all posts by this user Quote this message in a reply
Fo Shizzle Offline
Pragmatic Classical Liberal
*

Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina

Balance of Power Contest
Post: #3
RE: U.S. Taxpayers May Have To Pay $15 Billion In Damages, Thanks Biden*
Those unintended consequences....
07-06-2021 01:57 PM
Find all posts by this user Quote this message in a reply
MemTigers1998 Offline
Hall of Famer
*

Posts: 14,320
Joined: May 2017
Reputation: 1907
I Root For: Memphis
Location:
Post: #4
RE: U.S. Taxpayers May Have To Pay $15 Billion In Damages, Thanks Biden*
(07-06-2021 12:32 PM)CardinalJim Wrote:  This administration’s grandstanding via the executive order has proven to be the biggest misstep in what has quickly become a comedy of errors. It would be funny if it wasn’t our country and its future weren’t in peril.

The Dems political platform is, was and always will be a failure. Communism, wealth distribution, mandated equal outcomes don’t work. Biden*, on top of all that, is a babbling brain dead moron. Has been for 50 years. Anyone with even an inkling of common sense knew he’d be an epic disaster.
07-06-2021 02:30 PM
Find all posts by this user Quote this message in a reply
Advertisement


rath v2.0 Offline
Wartime Consigliere
*

Posts: 51,394
Joined: Jun 2007
Reputation: 2175
I Root For: Civil Disobedience
Location: Tip Of The Mitt

Donators
Post: #5
RE: U.S. Taxpayers May Have To Pay $15 Billion In Damages, Thanks Biden*
Most of his supporters are too stupid to connect the causal chain on this sh!tshow.
07-06-2021 04:12 PM
Find all posts by this user Quote this message in a reply
Todor Offline
Heisman
*

Posts: 9,027
Joined: Jan 2019
Reputation: 949
I Root For: New Mexico State
Location:
Post: #6
RE: U.S. Taxpayers May Have To Pay $15 Billion In Damages, Thanks Biden*
The worst part is, we'll pay the $15 billion in damages, and still build it in a few years anyway most likely.
(This post was last modified: 07-07-2021 05:39 AM by Todor.)
07-07-2021 05:39 AM
Find all posts by this user Quote this message in a reply
Owl 69/70/75 Offline
Just an old rugby coach
*

Posts: 80,853
Joined: Sep 2005
Reputation: 3214
I Root For: RiceBathChelsea
Location: Montgomery, TX

DonatorsNew Orleans Bowl
Post: #7
RE: U.S. Taxpayers May Have To Pay $15 Billion In Damages, Thanks Biden*
(07-06-2021 04:12 PM)rath v2.0 Wrote:  Most of his supporters are too stupid to connect the causal chain on this sh!tshow.

Or don't want to.
07-07-2021 06:21 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.