Americans for Tax Reform attacks Rep. Charlie Wilson over rising national debt, blaming him for “reckless spending,” when in reality, the recession and policies like the Bush tax cuts are the guilty parties. Wilson’s vote for the bank bailout helped prevent a potential depression, and his vote to raise the debt limit didn’t cause new spending — it prevented the economic catastrophe that would have resulted from a default on federal debts.Read more after the jump.
Politicians & Pundits: George W. Bush
American Future Fund accuses Rep. Joe Donnelly (D-IN) of abandoning “Hoosier values” by supporting “Obama’s costly policies,” such as the Affordable Care Act and the Recovery Act. However, the health care law actually reduces the deficit, and the stimulus bill helped rescue the economy from a deeper recession. Furthermore, AFF suggests that the economy is not improving, but the facts show otherwise: The private-sector has now added 4.7 million jobs in the last 31 months.Read more after the jump.
The U.S. Chamber of Commerce’s argument against Wisconsin’s Tammy Baldwin (D) distorts her record on health care, energy, and tax policy. The insurance-industry-funded Chamber attacks Baldwin for supporting a health care bill that included a public option, ignoring consistent popular support for the proposal. Baldwin’s opposition to the Bush tax cuts for the wealthy does not amount to raising taxes on small businesses (a claim the Chamber supports by citing a biased report on a flawed study commissioned by the Chamber itself). And, finally, Baldwin opposed Republican energy legislation that would have stymied efforts to make offshore drilling safer.Read more after the jump.
The Congressional Leadership Fund wants New York voters to believe Rep. Kathy Hochul’s (D) support for ending the Bush tax cuts were really votes “to raise taxes on small businesses,” but that isn’t true. In reality, allowing the Bush tax cuts on top earners to expire would reduce deficits without harming the economy or affecting many actual employers. The ad also accuses Hochul of “personally profiting from companies that outsource and do business with China,” citing a biased website to support the misleading claim.Read more after the jump.
Citing a series of votes between 2008 and 2011, Congressional Leadership Fund blames Rep. Lois Capps (D-CA) for the rising debt. In reality, recent deficits have been fueled by the recession and Bush-era policies like tax cuts for the wealthy. The votes the ad targets, by contrast, were for bills designed to rescue failing banks, the floundering housing market, and a tanking economy, and to raise the federal debt limit – a procedure that does not authorize new spending but does prevent the government from defaulting on its loans.Read more after the jump.
Now or Never PAC attacks Arizona Senate candidate Richard Carmona for supporting the “Obamacare takeover,” which the group describes as a “$716 billion cut to Medicare,” and for allegedly opposing tax cuts for small businesses. In reality, the Affordable Care Act relies on the private sector to increase insurance coverage and reduces future spending on Medicare without cutting benefits. Moreover, Carmona supports extending tax relief for the middle class while phasing out tax breaks for top income earners, which would affect few actual small businesses.Read more after the jump.
Accusing former New Hampshire Rep. Carol Shea-Porter (D) of “reckless” spending, an ad from American Action Network points to two earmarks. But attempts to thwart the local projects – one of which was requested by a Republican – were shot down by large bipartisan majorities that included Shea-Porter. The ad also blasts Shea-Porter for supporting a budget plan that would have raised $683 billion in taxes without noting that that entire amount would have come from the expiration of the Bush tax cuts, and that the budget would have eliminated the federal deficit.Read more after the jump.
American Action Network goes after congressional candidate Val Demings (D-FL) over her support for the Recovery Act and for ending the Bush-era tax cuts for the wealthy, saying she supports wasting Floridians’ money. But the stimulus, which passed without any involvement from first-time candidate Demings, helped save the economy from an even worse recession, and ending the Bush tax cuts for top-tier earners would impact few real small businesses.Read more after the jump.
Clint Eastwood may not speak to an empty chair in the ad he filmed for American Crossroads, but he’s no less confused about President Obama’s record than he was during his infamous performance at the Republican National Convention. The octogenarian actor says, “In the last few years, America’s been knocked down,” ignoring nearly five million new private-sector jobs created in the last two-and-a-half years of growth. He also wrongly blames Obama for high deficits driven mainly by Bush policies, such as tax breaks for the wealthy, and the recession the president inherited.Read more after the jump.
The American Action Network wants you to know that Rick Nolan stands “for raising taxes and killing jobs” – 700,000 jobs, to be precise. But that number comes from a study that explicitly did not analyze the actual White House proposal for the expiration of the Bush tax cuts. The on-screen claim that Nolan would tax 894,000 small businesses is similarly bogus, as that definition of “small business” includes multi-billion-dollar corporations and both candidates for president. The ad is correct about Nolan’s 1975 votes on gas taxes, but they somehow fail to mention the same bill included tax credits to offset the increase in pump prices.Read more after the jump.