Obama Would Veto Keystone Bill If It Reaches His Desk: Spokesman

MarketWatch Pulse

President Obama would veto legislation approving the construction of the Keystone XL pipeline, White House spokesman Josh Earnest said Tuesday. The Republican-controlled Congress is expected to move swiftly to attempt to pass a bill authorizing the long-delayed pipeline project, intended to move oil from tar sands in Alberta, Canada, to U.S. refineries. Earnest said the proposed legislation would upset a "well-established process" for reviewing pipeline construction.

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