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Tuesday, March 27, 2012

Bill to ramp up Iran sanctions fails in U.S. Senate

Rand Paul managed to kill the bill, at least for now. The senate R's and D's were beating their war drums.
(Reuters) - A U.S. Republican lawmaker on Tuesday blocked Democrats from passing legislation designed to further punish Iran for developing its nuclear program, and each side blamed the other for its failure in a presidential election year that will put extra scrutiny on President Barack Obama to be tough on Tehran. The legislation, which had the backing of many Democratic and Republican Senators, focused on foreign banks that handle transactions for Iran's national oil and tanker companies...Senator Rand Paul formally objected to taking up the legislation unless the Senate would also consider his amendment to it saying that nothing in the bill could be construed as an authorization of war against Iran or Syria. This effectively blocked the bill from advancing. The timing of the next step was not immediately clear.
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