Democratic Jobs Bill Goes Down: Republicans Use Filibuster to Kill Latest Piece of Jobs Plan

The National Journal reports:

Senate Republicans blocked a $60 billion infrastructure bill Thursday, making the bill the second piece of President Obama’s jobs proposal to be voted down in the Senate.

Republicans and a few Democrats filibustered the broader $447 billion jobs bill last month. The vote came is a scripted floor exchange, with Democrats expected to quickly defeat an alternative GOP infrastructure funding bill. The bill garnered 51 votes--not enough to overcome the 60-vote cloture threshold.

The Democratic bill, which includes a $10 billion national infrastructure bank, is funded by a 0.7 percent surtax on incomes of more than $1 million a year. That is nonstarter for Republicans who argue the surtax shows the bill is an electoral ploy aimed at painting the GOP as obstructing White House efforts to boost employment.

We can only imagine what a "national infrastructure bank" would invest in? A slush fund Nancy Pelosi's campaign contributors ?