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Restoring Fiscal Accountability

Carly Fiorina Joins Farmers and Ranchers in Urging Barbara Boxer to Stand Against Largest Tax Hike in American History

Friday, August 6th, 2010

Fiorina Also Earns Endorsement of California Grape and Tree Fruit League President Barry Bedwell

FRESNO, CA – U.S. Senate candidate Carly Fiorina was today joined by Fresno-area farmers and ranchers at Tri-Boro Fruit Company for a press conference to urge Senator Barbara Boxer to stand with California’s agriculture industry in opposing the largest tax increase in United States history, which includes a 55 percent death tax that will particularly hurt California’s farmers and ranchers.

“In the midst of one of the worst economic downturns in a generation, California families simply cannot afford to pay an additional $1,600 in higher taxes next year. And California family farms and ranches – who have already suffered a one-two punch from a bad economy and restricted water flow to the Central Valley – can’t afford to be saddled with a 55 percent death tax,” said Fiorina. “Today, I join these hard-working farmers and ranchers in urging Barbara Boxer to stand against the largest tax hike in American history. I hope – but I do not expect – that she will, for once, support policies in Washington that will make it easier for these family-owned businesses and entrepreneurs to grow, succeed and create jobs.”

The 2001 and 2003 tax relief measures are currently scheduled to expire at the end of this year. If Congress fails to extend them in the next five months, this would represent the largest tax increase in American history, $3.8 trillion, and would cost the average middle-income California family more than $1,600 in higher taxes next year. Fiorina has consistently called for both the extension of these important relief measures and for abolishing the death tax; Barbara Boxer, however, has voted against death tax relief at least 18 times and has voted for more than $1 trillion in higher taxes during her nearly three decades in Washington.

“Carly Fiorina understands the importance of fighting for and standing with our state’s agriculture industry, and she will be a vocal advocate for us in the U.S. Senate,” said California Grape and Tree Fruit League President Barry Bedwell. “Among the most important agriculture issues Carly will champion is the end of the 55 percent death tax, which hurts successful farmers and ranchers who want to pass down their land and livestock to future generations – essentially taxing the American dream. I’m proud to stand with Carly in calling for an end to this devastating tax and to support her campaign for Senate.”

Also speaking at the press conference were Agriculture Leaders for Carly co-chair and California Cattlemen’s Association President-Elect Kevin Kester, who discussed his family’s being forced to sell off several pieces of their ranch after his grandfather passed away. As a result of their death tax payments, the family witnessed a significant decrease in the ranch’s ability to hire, reinvest in the business and purchase much-needed goods and materials. Similarly, J&L Vineyards Owner and Operator Debbie Jacobson may have to sell a large portion of family property due to taxes assessed on their estate after the recent death of her parents.

Carly Fiorina Issues Statement on $1.47 Trillion Federal Deficit

Friday, July 23rd, 2010

SACRAMENTO, CA – U.S. Senate candidate Carly Fiorina today issued the following statement in response to the Office of Management and Budget report released this afternoon projecting that the federal deficit will hit a record $1.47 trillion this year:

“Today’s report underscores just how deep a pit Barbara Boxer and Washington have dug for the people of this country. Under their watch, unemployment continues to soar, and we now know our federal deficit will reach a record $1.47 trillion this year. Still, Boxer remains intent on spending even more of taxpayers’ money and continues to talk about even more earmarks and even more government growth.

“It is painfully clear that Barbara Boxer and her colleagues in Washington have spent far too much of our money – and have no intention of changing direction anytime soon. Americans are already on the hook for billions of dollars in bailouts, and we simply cannot afford another six years of Boxer’s free-spending ways. Barbara Boxer obviously has no intention of making the tough choices necessary to set our nation on a path toward fiscal sanity, which is why we must replace her this November with a senator who will.”

Carly Fiorina Issues Statement on Senate Passage of Financial Reform Bill

Thursday, July 15th, 2010

SACRAMENTO, CA – U.S. Senate candidate Carly Fiorina today issued the following statement in response to the Senate’s vote to pass the financial reform bill:

“While there is no doubt our nation’s financial sector is in need of serious reform, I am disappointed that the bill passed by the Senate today will do little to fundamentally resolve the problems that led to our nation’s financial meltdown or to prevent another one from happening in the future.

“Creating a new layer of bureaucracy on top of an existing, fundamentally flawed regulatory structure will cost more money without delivering results. Unfortunately that is so often how Washington addresses big and complex issues – with a political Band-Aid rather than an effective and lasting solution. In order to truly reform the financial system, we must first understand where the breakdown occurred; we must also take a much closer look at the flaws inherent in Fannie Mae and Freddie Mac. This bill does none of those things, while at the same time instituting costly new regulations on community banks and credit unions that will further inhibit small businesses’ access to credit.

“Barbara Boxer’s vote in favor of the bill today represents a stunning display of election year politicking, given her support for the bailout of Wall Street. Her vote today was more about adding a line to her campaign rhetoric than it was about producing real reform that will protect consumers, encouraging small business job growth by unlocking credit and putting into a place a regulatory framework that will truly ensure we do not face this level of economic and financial calamity again.”

In April, Fiorina laid out the principles she believes must be present in any workable, effective financial reform bill. These principles focus on the important role transparency, accountability and effective regulatory oversight play in preventing another financial crisis.

U.S. Senate Candidate Carly Fiorina Issues Statement on Worsening Job Market

Wednesday, June 2nd, 2010

SACRAMENTO, CA – U.S. Senate candidate Carly Fiorina today issued the following statement regarding the U.S. Department of Labor’s report showing that the unemployment rate was higher in April of this year than at the same time last year in 291 of 372 metropolitan areas surveyed:

“Today’s report confirms that the job market has only gotten tougher in the last year – a reality millions of out-of-work Californians have experienced firsthand. Despite Barbara Boxer’s promise to her constituents that the big-government stimulus plan she championed and voted for would keep unemployment below 8 percent, in fact, 11 of the 14 metropolitan areas with unemployment rates greater than 15 percent are right here in California. It’s no surprise, therefore, that nearly half of Californians want somebody other than Barbara Boxer representing our state in the U.S. Senate next year.

“The road to economic recovery will be long and difficult. But Californians have an opportunity this November to jump start that effort by firing Barbara Boxer, under whose leadership the unemployment rate, federal debt and federal deficit have trended in the wrong direction: up. In contrast, I have real-world experience that has helped me understand what makes jobs come and go and what we need to do to stimulate real economic growth. I am the conservative candidate who will hold Barbara Boxer accountable for her 28-year record of failure in Washington, and I will beat her.”

Carly Fiorina Launches New Television Ad: “Instead”

Friday, May 28th, 2010

SACRAMENTO, CA – With just 11 days to go until Election Day, U.S. Senate candidate Carly Fiorina today launched a new 30-second statewide television advertisement titled “Instead” that contrasts her fiscal conservatism with Tom Campbell’s record of support for tax hikes. The ad starts airing statewide today.

“Tom Campbell is a fiscal conservative in name only. He has a long record of support for tax increases and refuses to sign the Taxpayer Protection Pledge because he wants to leave the door open to voting for a tax increase as a U.S. senator,” said Carly for California Deputy Campaign Manager for Communications Julie Soderlund. “Carly Fiorina is a true fiscal conservative. She has signed the Taxpayer Protection Pledge and will not vote to increase taxes. California voters have a clear choice in this primary between Carly Fiorina, who understands that more taxes and more government are not the answer, and Tom Campbell, who has supported both for more than two decades.”

“Instead” is the fourth in a series of television ads Fiorina has launched during the primary campaign. Her other three ads include “Work” and “Jobs,” which were launched earlier this month, and “Something Done,” which was launched in early April.”

Click here to watch “Instead.”

FACTS ABOUT “INSTEAD”

VOICEOVER:
Thinking of voting Tom Campbell? Even though he refused to sign the Taxpayer Protection Pledge?

GRAPHIC:
Tom Campbell for Senate?
Tom Campbell
Refused to sign taxpayer protection pledge
Fox & Hounds, 1/19/10

FACTS:
Campbell Publicly Refused To Sign A No-Tax Pledge As Launched His Senate Campaign In January 2010. “Campbell, however, said he would not sign a No-Tax Pledge because, he argued, no one can anticipate every situation that might arise.” (Joel Fox, “Campbell Defends Fiscal Record As He Campaigns For U.S. Senate,” Fox & Hounds, 1/19/10)

VOICEOVER:
And for twenty years, pushed higher gas, sales and income taxes?

GRAPHIC:
TOM CAMPBELL
Higher gas, sales and income taxes
AP, 6/27/97; LA Times, 10/12/09; HR 2889, 7/13/89; OC Register, 3/9/92

FACTS:
In Congress, Tom Campbell Voted Against The First Major Tax Cut Since The Reagan Administration In 1981. “In all, the measure would cut taxes by $135 billion over five years, the first major cut since Ronald Reagan’s administration in 1981. The reductions would be partially offset by increases totaling $50 billion, an extension of an expiring airline ticket tax among them. … On final passage, the bill was supported by 226 Republicans and 27 Democrats in the House. Opposed were 177 Democrats, Republican Tom Campbell of California and Rep. Bernie Sanders of Vermont, the House’s lone independent.” (David Espo, “House Approves Tax Plan Worth Billions In Cuts,” The Associated Press via The Daily Press, 6/27/97)

Campbell Wants The “Flexibility” To Raise Taxes. “[Campbell] won’t take the ‘no tax’ pledge because that would ‘handcuff’ a governor. He wants ‘flexibility.’ In fact, he proposed a one-year gas tax increase to balance the state budget rather than borrow and raid local treasuries.” (George Skelton, “What If He Had The Money,” Los Angeles Times, 10/12/09)

As A Member Of Congress In 1989, Campbell Introduced A Bill To Increase The Tax On Gasoline. (H.R. 2889, “To Amend The Internal Revenue Code Of 1986 To Increase The Tax On Leaded Gasoline,” 101st Congress, 7/13/89)

Campbell Maintains He “Never Voted For A Tax Increase” Because His Federal Gas Tax Hike Never Came Up For A Vote. “Campbell said he has ‘never voted for a tax increase. Never.’ However, he was the author of a bill in 1989 to raise the federal sales tax on leaded gasoline by 6 cents a gallon. Campbell spokesman Greg Stohr said last week that there is no inconsistency; the gasoline-tax bill never made it to a vote.” (“The Candidates & The Issue: Federal Taxes,” The Orange County Register, 3/9/92)

VOICEOVER:
Carly did sign the pledge.
Sarah Palin endorsed Carly Fiorina, instead.

GRAPHIC:
Sarah Palin endorsed Carly Fiorina

FACTS:
Fiorina Signed The Taxpayer Protection Pledge On The Day She Announced Her Candidacy. “As a senator, Fiorina said she would not vote for any tax increase under any circumstances. ‘Let me make clear: I oppose tax increases of any kind. That is why I signed the Americans for Tax Reform taxpayer protection pledge on the day I announced my candidacy,’ she said. ‘That is something one of my primary opponents, Tom Campbell, refuses to do. He says he doesn’t want his hands tied. I frankly think the voters of California want our hands tied.’” (John Marelius, “GOP Senate Candidate Fiorina Touts Experience In Business,” The San Diego Union-Tribune, 4/2/10)

Palin Endorses Fiorina. “Sarah Palin is endorsing former Hewlett-Packard executive Carly Fiorina in the GOP’s U.S. Senate primary in California. The former vice presidential candidate says on her Facebook page that Fiorina’s experience running a major corporation is sorely lacking in Washington. She describes Fiorina as a fiscal conservative who believes that when government grows, the private sector shrinks under the burden of debt.” (Kevin Freking, “Palin endorses Fiorina in California Senate race,” Associated Press, 5/6/10)

VOICEOVER:
She called Campbell “a liberal,” “…who seems to bear almost no difference to Boxer.”

GRAPHIC:
TOM CAMPBELL
“…seems to bear almost no difference to Boxer.” – Sarah Palin 5/6/10

FACTS:
Gov. Sarah Palin: “I Support Carly As She Fights Through A Tough Primary Against A Liberal Member Of The GOP Who Seems To Bear Almost No Difference To Boxer, One Of The Most Left-Wing Members Of The Senate.” “The former Alaska governor alluded to the other Republicans in the race, but did not mention them by name. ‘I’m a huge proponent of contested primaries, so I’m glad to see the contest in California’s GOP, but I support Carly as she fights through a tough primary against a liberal member of the GOP who seems to bear almost no difference to Boxer, one of the most left-wing members of the Senate,’ Palin wrote.” (Andy Barr, “Palin Backs Fiorina In California,” Politico, 5/6/10)

GRAPHIC:
FactsAboutTom.com

GRAPHIC:
Vote Carly.

VOICEOVER:
Vote Carly.

GRAPHIC:
Instead.

VOICEOVER:
Instead.

Carly Fiorina is the Candidate Best Positioned To Defeat Barbara Boxer

Tuesday, May 25th, 2010

COSTA MESA, CA – Carly for California Campaign Manager Marty Wilson today issued the following statement after the Republican senatorial candidates concluded a discussion moderated by John Kobylt and Ken Chiampou of KFI AM 640’s The John and Ken Show at the Ayres Hotel:

“Yet again, Carly Fiorina demonstrated today that she is the candidate best positioned and best prepared to take on Barbara Boxer in November. Carly has a long record of success and accomplishment that she is proud to stand behind, and she will hold Barbara Boxer accountable for her dismal 28-year record in Washington.

“Carly’s performance today underscored her command of the most pressing issues facing Californians, and the recent news of her upward polling trend demonstrates that Republican voters consider her the conservative candidate who can fire Barbara Boxer this fall.”

The Fiorina campaign issued responses to many of the false claims made during the discussion:

Candidate Forum Fact Check #1: Immigration
Candidate Forum Fact Check #2: Bank Bailouts
Candidate Forum Fact Check #3: 2005 Budget
Candidate Forum Fact Check #4: Chuck DeVore’s Flip-Flop on Taxes
Candidate Forum Fact Check #5: Beating Boxer
Candidate Forum Fact Check #6:
Taxin’ Tom

Candidate Forum Fact Check #6: Taxin’ Tom

Tuesday, May 25th, 2010

THE TRUTH ABOUT…Tom Campbell’s decades-long record of support for higher taxes.

CLAIM:
Tom Campbell is a fiscal conservative.

FACT:
In 1989, Tom Campbell introduced federal legislation to raise the gas tax. Although the measure never came up for a vote, Campbell continues to believe that raising the gas tax is a legitimate budget-balancing measure. In 1997, Campbell voted against the Clinton administration tax cuts and criticized the Bush tax cuts during his second failed campaign for U.S. Senate in 2000. Throughout his career, Campbell has supported taxes on carbon emissions, Internet sales and business net receipts – not to mention increases in sales taxes, tobacco taxes, alcohol taxes, oil taxes, income taxes, you name it! Most recently, Campbell proposed raising California’s gas tax by 32 cents per gallon to close the state’s budget deficit while a candidate for governor, which he said would have made Californians “better off” than they are now – despite the fact that California’s average gas prices were the third highest in the nation last year. Campbell is the only candidate in this primary who refuses to sign the Taxpayer Protection Pledge.

As A Member Of Congress In 1989, Campbell Introduced A Bill To Increase The Tax On Gasoline. (H.R. 2889, “To Amend The Internal Revenue Code Of 1986 To Increase The Tax On Leaded Gasoline,” 101st Congress, 7/13/89)

Campbell Maintains He “Never Voted For A Tax Increase” Because His Federal Gas Tax Hike Never Came Up For A Vote. “Campbell said he has ‘never voted for a tax increase. Never.’ However, he was the author of a bill in 1989 to raise the federal sales tax on leaded gasoline by 6 cents a gallon. Campbell spokesman Greg Stohr said last week that there is no inconsistency; the gasoline-tax bill never made it to a vote.” (“The Candidates & The Issue: Federal Taxes,” The Orange County Register, 3/9/92)

Asked On National Television If The Federal Gas Tax Should Be Hiked By Nine Cents, Campbell Replied “Yes” Twice. “Smith: Let’s talk consumption taxes here. Let’s take a couple more votes if you don’t mind. We’ll do them one at a time, consumption taxes. Yes or no, let’s raise the gasoline tax at least 9 cents. Campbell: Yes. … Smith: We–let’s get the raise our hands–raise of hands for yes. Campbell: Yes.” (“This Morning,” CBS, 10/18/90)

Campbell Has Flirted With Higher Taxes On Gasoline, Oil, Tobacco & Alcohol “As Measures To Help Balance The Budget.” “Most of the Republicans adamantly reject any tax increases. Only Campbell breaks ranks. Although he opposes any increase in the income tax, he has flirted with proposals for higher levies on gasoline, imported oil, tobacco and alcohol as measures to help balance the budget.” (Jonathan Marshall, “Recession Puts Spotlight On Economic Questions,” San Francisco Chronicle, 4/29/92)

In Congress, Tom Campbell Voted Against The First Major Tax Cut Since The Reagan Administration In 1981. “In all, the measure would cut taxes by $135 billion over five years, the first major cut since Ronald Reagan’s administration in 1981. The reductions would be partially offset by increases totaling $50 billion, an extension of an expiring airline ticket tax among them. … On final passage, the bill was supported by 226 Republicans and 27 Democrats in the House. Opposed were 177 Democrats, Republican Tom Campbell of California and Rep. Bernie Sanders of Vermont, the House’s lone independent.” (David Espo, “House Approves Tax Plan Worth Billions In Cuts,” The Associated Press via The Daily Press, 6/27/97)

Tom Campbell Was The Only House Republican To Vote With Democrats Against The Tax Relief Package. “As the Senate continued to debate late into the night its version of the tax bill, with final action expected sometime today, the House on Thursday passed its tax cut bill on a 253-179 vote, with 27 Democrats backing the measure and only one Republican, Rep. Tom Campbell of California, opposing it.” (“Senate To Debate Cigarette Taxes As House Passes Bill,” National Journal, 6/27/97)

In A Speech To The San Francisco Rotary Club, Campbell Publicly Criticized The Bush Tax Cut Plan. “Rep. Tom Campbell, who has received virtually no support from national party leaders in his quest for the U.S. Senate, issued a public criticism of Republican presidential candidate George W. Bush’s economic program on Tuesday. The decision by the Republican candidate to take on his own party’s standard-bearer a month before the election is just the latest in a series of unconventional strategies used by Campbell in his underdog bid to unseat incumbent Dianne Feinstein. Campbell’s speech to the San Francisco Rotary Club also did not spare Democrat Al Gore. Campbell denounced both major presidential candidates for finding ways ‘to spend a budget surplus, a surplus we have no reason to believe exists.’” (Barry Witt, “Maverick Senate Candidate Takes On His Party’s Leader In S.F. Rotary Speech; Campbell Hits Bush On Economy,” San Jose Mercury News, 10/11/00)

Campbell Criticized The Bush Tax Cuts As “Unwise.” “Campbell has been arguing for deficit reduction over tax cuts for months, saying the ‘alleged surplus’ is based on the federal government’s use of Social Security tax revenues for non-Social Security purposes. In interviews, he’s been willing to criticize Bush’s tax cut proposal as unwise because it fails to consider the possibility of an economic downturn when the government would need the revenue to assist people who are out of work and would have to consider cutting taxes to stimulate growth.” (Barry Witt, “Maverick Senate Candidate Takes On His Party’s Leader In S.F. Rotary Speech; Campbell Hits Bush On Economy,” San Jose Mercury News, 10/11/00)

Campbell “Supports States Levying Sales Taxes On Internet Purchases.” “Campbell is no panderer. His congressional district is a high-tech haven, yet, unlike many Repubs, he supports states levying sales taxes on Internet purchases. ‘Otherwise, where do you get your money for police and fire departments?’ Campbell explained. ‘I took that stand because it was right.’” (Debra J. Saunders, “Campbell, The Anti-Pol,” San Francisco Chronicle, 9/3/00)

“He Also Would Not Rule Out Taxing Sales On The Internet.” (Peter Nicholas and Evan Halper, “State Gets A New Finance Chief,” Los Angeles Times, 11/5/04)

Campbell’s “New Revenue” Proposal While A Candidate For Governor Was To Raise The Tax On Gasoline By 32-Cents A Gallon. “Republican gubernatorial hopeful Tom Campbell Thursday called for budget cuts and a temporary gas tax to close California’s $26.3 billion budget gap. Campbell, the state’s finance director in 2004-2005, said $16 billion in savings could be achieved if automatic increases in social-welfare benefits and state employee pay were slowed and brought into line with the national average. Another $4 billion could be carved out with an ‘expenditure freeze,’ he said. The final $6 billion should come from new revenue — a one-year gasoline tax that would raise the price of gas from roughly $3 per gallon to $3.32 per gallon, he said.” (Chris Kenrick, “Gubernatorial Hopeful Tom Campbell Outlines Budget Fixes,” Palo Alto Online, 7/10/09)

Campbell Believes Californians Would Be “Better Off” Paying .32-Cents More For Every Gallon Of Gas. “He said today that as a gubernatorial candidate last year he proposed $3 in spending cuts for every $1 he’d have raised through a temporary gas-tax increase, and had his plan been adopted, Californians would be better off.” (Josh Richman, “Tom Campbell Rolls Out Federal Budget Plan,” Political Blotter, 2/11/10)

In 2009, California’s Average Gas Prices Was Third Highest Among All 50 States. “Eureka has the highest gas prices in the contiguous United States at $3.35, with locals paying nearly $1 more than the nation’s average, according to the latest survey released by AAA. The latest report from AAA Northern California found most gas prices throughout the state rose slightly during the Labor Day holiday weekend. Since AAA’s last survey, all metro areas where AAA tracks gas prices in Northern California saw price increases anywhere from 3 to 12 cents. All metro areas in California tracked by AAA remain above the $3 a gallon mark. According to the latest report from AAA Northern California, California’s average gas price is the third highest among all 50 states.” (“Eureka Top In Gas Prices,” Eureka Times Standard, 9/9/09)

Earlier In 2009, Campbell Publicly Supported Tax Increases Overwhelmingly Rejected By California Voters. “Campbell’s other gamble is to be The Republican who backs Proposition 1A, the spending-cap-but-it-comes-with-tax-increases measure that will be on the May 19 special election ballot. Whitman and Poizner both oppose the measure being championed by Schwarzenegger, Democratic legislative leaders and the handful of Republicans who voted for Sacramento’s most recent budget. That’s right – Campbell is supporting a measure that continues the current budget’s sales tax, income tax and vehicle license fee increases for another two years.” (Debra Saunders, “Campbell Is Banking On His Experience,” San Gabriel Valley Tribune, 4/12/09)

In February 2009, Tom Campbell Wrote That Passing A Budget Loaded With Tax Increases “Was The Right Thing To Do.” “So, I do not criticize the State Senators and Assemblymembers, Democratic and Republican, who put together the current state budget fix. I predict we’ll have to revisit it; perhaps soon. For now, however, it was the right thing to do.” (Tom Campbell, “On The California State Budget,” FoxandHoundsdaily.com, 2/25/09)

Campbell: Gov. Schwarzenegger And California Legislators Did The Right Thing By Passing $12.5 Billion In Tax Hikes. “After five years as governor, Arnold Schwarzenegger came full circle on Friday: The film star who promised to rescue California from its fiscal wreckage without raising taxes signed into law $12.5 billion in tax hikes. With that, the Republican governor broke one of the few bonds left between his shrunken party and California’s mainstream voters, marring its hard-won image as a guardian against higher taxes. … The party’s lone gubernatorial contender defending the tax hikes is Tom Campbell. A former Silicon Valley congressman and state finance director under Schwarzenegger, he all but guaranteed himself pariah status among the party’s rank and file by saying the governor and Legislature did the right thing.” (Michael Finnegan, “The State Budget Crisis: Financial And Political Fallout,” Los Angeles Times, 2/21/09)

Campbell Said The Legislature Was Right To Pass The Budget Loaded With Tax Increases. “Campbell said the Legislature was actually right to pass the budget last week. Rather than tell lies or risk being tarred and feathered, he skipped the convention a wise call to move to Orange County, where he’ll be a visiting law professor at Chapman Law School.” (Editorial, “So, Whitman And Poizner, How Would You Have Balanced The Budget?,” San Jose Mercury News, 2/23/09)

Campbell Supports A Carbon Emissions Tax. “Going into 2010, Mr. Campbell also says he supports open primaries, would like to see the output of a state constitutional convention and supports a carbon emissions tax (as long as business taxes are reduced in other ways).” (“Campbell Thinks He Has Answers For State,” Orange County Register, 9/30/09)

Campbell Is Optimistic About A Totally New “Business Net Receipts Tax.” “And he thinks a recent blue-ribbon commission headed by investor Gerald Parsky was ‘on the right track’ when it recommended a totally new ‘business net receipts tax’ to replace the corporation and state sales taxes. That’s because it would tend to tax consumption rather than income.” (George Skelton, “What If He Had The Money,” Los Angeles Times, 10/12/09)

Campbell Publicly Refused To Sign A No-Tax Pledge As Launched His Senate Campaign In January 2010. “Campbell, however, said he would not sign a No-Tax Pledge because, he argued, no one can anticipate every situation that might arise.” (Joel Fox, “Campbell Defends Fiscal Record As He Campaigns For U.S. Senate,” Fox & Hounds, 1/19/10)

Tom’s Beliefs On Tax Hikes Are Out-Of-Step With Californians. “Half of California voters believe the state should close its $19.9 billion deficit mostly or entirely through spending cuts rather than tax increases, according to a Field Poll released Tuesday. That compares with 29 percent who said the state should use an equal mix of spending cuts and tax increases, or 13 percent who prefer balancing the budget solely or mostly with tax hikes.” (Kevin Yamamura, “Field Poll: More California voters prefer spending cuts, not taxes, to close deficit,” Sacramento Bee, 3/2/10)

Candidate Forum Fact Check #4: Chuck DeVore’s Flip-Flop on Taxes

Tuesday, May 25th, 2010

THE TRUTH ABOUT…how Chuck DeVore supported taxes before he opposed them.

CLAIM:
Chuck DeVore has never voted for tax increases.

FACT:
While it may be true that Chuck DeVore did not vote for the 2009 state budget that raised taxes, as the Assembly’s Chief Republican Whip, he shilled for tax increases.

DeVore: Republicans Put Tax Hikes On The Table To Close California’s Budget Gap. “The Republican leadership decided that, as part of good-faith negotiations, we needed to put everything on the table, and that everything includes our reticence to raise what are already America’s highest tax rates in many categories.” (News Conference, KNBC, 1/25/08)

DeVore Called Sales Tax “The Cleanest Way To Go.” “Nolan: Let’s get back to the tax hikes. What are you considering? A state sales tax hike? A temporary tax hike? An income tax hike? DeVore: Exactly. A sales tax hike would be the cleanest way to go.” (News Conference, KNBC, 1/25/08)

Candidate Forum Fact Check #3: 2005 Budget

Tuesday, May 25th, 2010

THE TRUTH ABOUT…The fiscally unsound 2005 state budget.

CLAIM:
The 2005 budget Tom Campbell crafted and Chuck DeVore voted for was fiscally responsible and balanced.

FACT:
As California’s Finance Director, Tom Campbell crafted a $11.7 billion budget that contained significant borrowing and increased general fund spending to record levels. Chuck DeVore voted for the budget, which the nonpartisan Legislative Analyst’s Office projected would lead to multibillion-dollar operating deficits, even in a best-case scenario.

Campbell “Conceded That The Budget Contains Significant Borrowing.” “Tom Campbell, Schwarzenegger’s new finance director, conceded that the budget contains significant borrowing. But he said there wasn’t anything deceptive about it.” (Gary Delsohn, “Plan Relies Heavily On Borrowing,” Sacramento Bee, 1/11/05)

California’s Official Nonpartisan Fiscal And Policy Advisor: “We Project That Multibillion-Dollar Operating Deficits…Will Persist Throughout Most Of The Forecast Period.” “Even assuming continued steady economic growth, we project that multibillion-dollar operating deficits (that is, annual shortfalls between revenues and expenditures) will persist throughout most of the forecast period. Eliminating these shortfalls will require significant actions. Beyond this, an economic downturn or even sharp slowdown sometime in the next several years would add several billions of dollars to the projected shortfalls, and while this is not our baseline forecast, it could always occur.” (“California’s Fiscal Outlook: LAO Projections 2005-06 Through 2010-11,” Legislative Analyst’s Office, November 2005)

Chuck DeVore voted for Governor Schwarzenegger’s 2005 budget. (Roll Call Vote, 2005-2006 Budget, 7/7/05)

DeVore On The 2005 Budget: “This Budget Has No New Taxes And Fully Funds Road Building. The Democrats Wanted Billions More In New Taxes And Spending And A Bigger Deficit. Republicans Won.” (John Gittelsohn, “The Weekly Juice: O.C. Dissenters No Barrier For Budget,” The Orange County Register, 7/10/05)

Chuck Devore’s GOP Colleagues Criticized The 2005 Budget Saying That It Failed To Address The Overspending Problem. (Alexa H. Bluth, “Governor Caught In Spending Trap,” Sacramento Bee, 8/14/05)

Candidate Forum Fact Check #2: Bank Bailouts

Tuesday, May 25th, 2010

THE TRUTH ABOUT…Carly’s views on the Wall Street bailouts.

CLAIM:
Carly supported bailing out Wall Street.

FACT:
Had she been in the U.S. Senate when the bailout was being debated, Carly would have voted against it. Carly recognizes the importance of ensuring our nation did not have a massive bank failure, which would have cut off the blood supply to our country’s economy. However, there were serious problems with the TARP program, not the least of which was its failure to get capital flowing again.

Bailouts Didn’t Tackle The Root Causes Of The Financial Crisis And Another Bailout Won’t Save The Auto Industry. “When credit isn’t available, consumers don’t have the money they need to spend. So I think we have to go back to the root of this problem, ultimately, which is credit is still unavailable. And that is despite massive bailouts of big financial institutions who are still not lending. And I think we also have to remember in this debate about the automakers, whether it’s a $15 billion bailout or a $30 billion bailout that won’t save the auto industry.” (Carly Fiorina, NBC, 12/14/08)

“A Big Government Bailout Won’t Fix The Fundamental Problem.” (Carly Fiorina, Fox News, January 21, 2009)

Fiorina, January 2009: “The Bailout Hasn’t Worked.” “The bailouts thus far have not worked. The original purpose behind the TARP and the bailouts was to get the credit markets unfrozen, and to stop the crisis in the financial system. And, of course, that hasn’t happened yet. And so, credit isn’t flowing to small businesses. Credit isn’t flowing even to big businesses. Remember that the federal government had to bail out General Motors and Chrysler because they couldn’t get a bridge loan from the banks. And small businesses can’t get credit right now. So, the bailout hasn’t worked.” (Carly Fiorina, Fox News, January 21, 2009)

Fiorina On The Bailout: “What We’ve Done Is We’ve Helped The Banks, But We Haven’t Helped America.” “Specifically, with regard to the Wall Street bail-out, what I have said for some time is that if we were going to bail out Wall Street, we needed to make sure that taxpayer money was used to actually solve the credit crisis. And to date, it has not been. So we have all this taxpayer money tied up in making Wall Street’s balance sheet stronger, and yet still, access to credit is extremely difficult, if not impossible, for small businesses who are the life blood of the economy. Access to credit for consumers is still incredibly tight. There is a looming problem with commercial real estate that will come onto the table probably next year. So what we’ve done is we’ve helped the banks, but we haven’t helped America.” (“Interview With Carly Fiorina,” The Flash Report, 11/4/09)



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Carly Fiorina is running for the U. S. Senate because she knows fiscal conservatism and a focus on jobs is the way to return America to greatness. More

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