Obama breaking out the veto pen today for Keystone

[King]

I like how this was the first order of business of the new GOP Congress and it took 54 days to get to the President's desk. This, a bill we all knew was going to get vetoed and didn't really face any strong enough opposition in either House. Congress is just awful, just terrible in its inefficiency.

[King]

It's not really guaranteed an oil pipeline would provide any money for the economy at this point in time. In an economic sense, delaying it could help us in its eventual economic benefit as the political pressure won't cave in until oil prices rise and thus it would stimulate the oil industry exactly when we need it stimulated.

[King]

Obama's given no indication that he would agree to such a compromise. Instead he just sits in a back room and whines about 'muh environmental groups' and 'muh procedural preferences'. Obama was even asked if he'd support the bill if the republicans were very cooperative in putting democratic amendments into it, and he said no.

What exactly is "such a compromise?" He hasn't been offered anything and there hasn't been talk of anything. I'm pretty sure he would do it for a tax increase on upper brackets, a minimum wage increase, or a equal pay act. Or a comprehensive immigration bill. Any sort of red meat for the Democratic base.

Keystone XL is a huge issue for GOP donors. It's red meat for GOP members of Congress, and the President should demand an eye for an eye.