Press Releases

 

Friday
Dec112009

TEAM GUINTA GROWS! 

50 New County Co-Captains Brings the Total to 300

Manchester, NH – Support for Frank Guinta for Congress continues to grow rapidly. This week, Team Guinta announces the addition of 50 more County Co-Captains.  This group of men and women from around the district will assist Frank in his grass roots efforts.

 “Yet again, I am proud to announce a fantastic group of people who are joining my team,” said Guinta.  “This is what a campaign in New Hampshire is about—people. Our County Co-Captains list includes people from all walks and varying levels of previous political activity.  Some are very new to the world of political activism and I am proud they have chosen this race to get involved.  We need some common sense back in Washington.  We need to have real health care reform that truly addresses the cost of insurance.  We need a plan for job growth that does not include just throwing money at the problem; this has not worked in the past and it will not work in the future.  I look forward to working with each of these great people as I continue to travel the district and spread my ideas on how to get this economy back on track.”

50 NEW COUNTY CO-CAPTAINS:

Title

First

Last

City/Town

County

Small Business Owner

Jack

McDevitt

Gilford

Belknap

Mrs.

Debby

McDevitt

Gilford

Belknap

GOP Activist

Robert

Therrian

North Conway

Carroll

Manchester Firefighter

Jeffrey

Aboshar

Manchester

Hillsborough

Small Business Owner

Roy

Arsenault

Manchester

Hillsborough

Education Activist

Ann Marie

Banfield

Bedford

Hillsborough

GOP Activist

Bob

Barry

Manchester

Hillsborough

GOP Activist

Gail

Barry

Manchester

Hillsborough

Conservative Activist

Richard

Bazin

Manchester

Hillsborough

Retired Colonel in the United States Army

William

Call Jr.

Bedford

Hillsborough

Public School Teacher

Peter

Galamaga

Bedford

Hillsborough

Conservative Activist

Bill

Gibbons

Manchester

Hillsborough

GOP Activist

Vic

Goulet

Manchester

Hillsborough

GOP Activist

Marti

Jones

Manchester

Hillsborough

Conservative Activist

Ted

Kielar

Bedford

Hillsborough

Conservative Activist

Frederick

Kos

Manchester

Hillsborough

Conservative Activist

Russell P.

Kott

Manchester

Hillsborough

GOP Activist

Kevin

McGrath

Manchester

Hillsborough

GOP Activist

Ed

Russell

Manchester

Hillsborough

GOP Activist

Marion

Russell

Manchester

Hillsborough

Small Business Owner

Roland

Six

Manchester

Hillsborough

GOP Activist

Walter

Stiles

Manchester

Hillsborough

GOP Activist

Janet

Stiles

Manchester

Hillsborough

Former candidate for State Representative

Robert

Tarr

Manchester

Hillsborough

Conservative Activist

Pauline

Tarr

Manchester

Hillsborough

GOP Activist

Peg

Usin

Manchester

Hillsborough

State Representative

Steve

Vaillancourt

Manchester

Hillsborough

GOP Activist

Carole

Acorace

Manchester

Hillsborough

GOP Activist

Brad

Wise

Goffstown

Hillsborough

GOP Activist

Edward

Dobe

Manchester

Hillsborough

GOP Activist

Lucy

Dobe

Manchester

Hillsborough

Conservative Activist

Susan

Cramer

Manchester

Hillsborough

Conservative Activist

Calvin

Cramer

Manchester

Hillsborough

Small Business Owner

Gary

Springs

Manchester

Hillsborough

Doctor

David

Letellier DC

Manchester

Hillsborough

Ms.

Grace

Zartarian

Hooksett

Merrimack

Sandown Selectman

Roger

Barczak

Sandown

Rockingham

Conservative Activist

Colleen

Brenner

Londonderry

Rockingham

Conservative Activist

Joseph

Brenner

Londonderry

Rockingham

GOP Activist

John

Callanan

Hampton

Rockingham

GOP Activist

Betty

Callanan

Hampton

Rockingham

Former State Representative

William

Zolla

Derry

Rockingham

Conservative Activist

Herb

Klein

Kingston

Rockingham

Taxpayer Activist

EJ

Bleiler

Dover

Strafford

Town of Strafford Zoning Board of Adjustment member

Charles

Burnham

Strafford

Strafford

State Representative

Carol

Vita

Middleton

Strafford

Conservative Activist

Don

Colford

Dover

Strafford

Conservative Activist

Carole

Colford

Dover

Strafford

School Board Member

Robert

McCrory

Dover

Strafford

Conservative Activist

Paul

McManus

Dover

Strafford

 

 



Friday
Dec112009

NH GOP - Taxing NH Small Business Men & Women

Mark your calendar for December 16, 2009 and promise yourself that you and others will take the time to testify at the only public hearing for the 5% Tax on LLC’s and Partnerships which the Department of Revenue Administration (DRA) plans to hold at 10:00am at their Concord office on 109 Pleasant Street.


This past June, when the NH Legislature was voting on HB 2, the state budget, some powerful Democrats decided to slip into the bill a 5 % interest and dividends tax on individuals for any distributions they receive from a Limited Liability Corporation (LLC) and Partnerships, this is an Income Tax!


Because this was slipped into HB 2 at the eleventh hour, there was no ability for our taxpayers to testify on this issue. Now, the DRA has written the rules for this 5% tax on all LLC’s and Partnerships throughout New Hampshire.


There are well over 10,000 LLC’s and Partnerships in New Hampshire made up of small business men and women who are about to get a wakeup call from big brother; “You owe us more money!” In full disclosure, I own an LLC. However, this is shocking to me for two reasons:

  1. We are in a national recession with over 10% unemployment. No one can deny that our small business men and women are the backbone of our economy, they are ones that provide the jobs, yet this 5% tax will only help to kill jobs in New Hampshire. This is not job creation in NH, it's job elimination! Yesterday, one owner of an LLC said to me, “I am working nearly 24/7 and there isn’t any more money to be made. Any additional tax will force me to lay off employees or go out of business."
  2. I have looked into what the DRA calls “more transparency” on this issue and I am appalled at what I have learned.
    The DRA comment period for the LLC & Partnership 5% tax ends December 28th, 2009, three days after Christmas. Only after calling DRA and asking about public hearings did I learn that they will only have one public hearing on the rules on this important tax. When implemented, this tax will cost LLC's and Partnerships $15 million dollars both in fiscal years 2010 and 2011. The only public hearing is scheduled for December 16th, 2009 at 10am at DRA office located 109 Pleasant Street, Concord, NH. You can review the proposed rules here.


I have contacted both the Commissioner of DRA and Governor Lynch’s office and asked that these rules be pushed forward into January 2010. I also requested that after the first of the year, a total of 5 public hearings be scheduled across the state starting at 6pm so that our hard working men and women can attend. Ask yourself why DRA scheduled only one public hearing on December 16th with the comment period ending December 28th. To me the answer is simple; with family, Christmas and a recession going on no one will take the day off to come to Concord and testify.


This is a game that different state agencies play with public hearings on rule making; if you wrap the hearing around holidays no one will show up and the proposed rules will slide under the radar screen and be approved, which will carry the same impact as law. The state is not serving our taxpayers by allowing mischief like this to happen, it is wrong and must stop.


The taxpayers did not have the opportunity to testify on this issue last June. Governor Lynch, please give the 10,000 plus New Hampshire LLC small business men and women and Partnerships no less than 5 public hearings across New Hampshire as requested on this important issue. If you do, we will be serving our citizens. If not, your message will be loud and clear, “The state of New Hampshire does not care about our small business men and women who are truly the backbone of our state’s economy." Please do the right thing!

Sincerely yours,


Thomas Thomson
Orford, NH

Friday
Dec112009

CEI - TARP2 - Bad Plan, Bad Timing!

President Obama’s announcement that he will extend TARP — the Troubled Assets Relief Program — and keep spending its proceeds could not have come at a worse time. Credit rating agencies are looking at dropping the “Triple A” rating from the U.S. because of the trillions in spending on bailouts, stimulus and other big-government programs. The rationale put forward seems to be that because we spent this for undeserving big banks, it’s only fair to spend the rest of taxpayer dollars on small businesses, But two wrongs don’t make a right, and this money belongs to taxpayers, not to the favored recipients of politicians. Whether TARP fund go to small or big businesses, it’s still government picking winners and losers, and many innovative entrepreneurs will be left out. That’s why any money paid back to the TARP should go for general tax relief or paying down debt that all small businesses and taxpayers could benefits from.

Congress could pursue a real no-cost stimulus for the economy and smal buisness by providing regulatory relief from the mountains of red tape that provides little benefit to investors and consumers. Unfortuately, even limited bipartisan reg relief seems to be at risk from Congressional Democractic leaders. >>> Read the full comment on OpenMarket.org.



Friday
Dec112009

NRCC - Carol Shea-Porter Supports Another Massive Democrat Spending Bill

Democrats Force through $1.1 Trillion in Spending and Earmarks on Backs of New Hampshire Families

Washington- Today, Carol Shea-Porter proved once again that she is nothing more than a Pelosi Puppet by helping her party bosses rush a $1.1 trillion omnibus spending bill through Congress. The 1,088-page package contains over 5,000 earmarks to fund the Democrats’ reckless agenda, including provisions to transfer Guantanamo Bay detainees to the United States and provisions to allow taxpayer funded abortions and the legalization of marijuana in the District of Columbia. After recklessly and hastily supporting her party bosses’ big-spending habits, Shea-Porter has once again let New Hampshirite's down.

 “The House Thursday passed a huge spending measure combining major spending boosts for domestic agencies and foreign aid with more than 5,000 back-home projects sought by lawmakers…The 1,088-page, $1.1 trillion measure would provide $447 billion in operating budgets for 10 Cabinet departments, awarding increases averaging almost 10 percent.”

 “The bill caps a heated debate over Obama's order to close the Guantanamo Bay jail in Cuba. It would permit detainees held at Guantanamo to be transferred to the United States to stand trial but not to be released.” (“House passes $1.1 trillion omnibus spending bill,” Associated Press, 12/10/2009)

 “The package includes the bill providing federal funds for the District of Columbia. City leaders rejoiced this week after a House-Senate conference committee agreed to remove a handful of controversial, longstanding riders from the D.C. budget, including language that banned needle-exchange programs, medical marijuana use and local government-funded abortions. The bill also ends a ban on using federal funds "for domestic partnership registration and benefits." (Ben Pershing, “House approves massive spending bill, D.C. budget,” Washington Post, 12/10/2009)

While middle class families struggle and are forced to deal with double-digit unemployment, Democrats supported a two percent pay increase for federal employees.

 “Federal workers would receive pay increases averaging 2 percent, with people in areas where it's expensive to live receiving slightly more.” (“House passes $1.1 trillion omnibus spending bill,” Associated Press, 12/10/2009)

 “Middle class families across America have been forced to cut their budgets in these tough economic times, but that hasn’t stopped Democrats in Washington like Carol Shea-Porter to continue spending money that we simply don’t have,” said NRCC Communications Director Ken Spain. “Somehow, Shea-Porter and her Democrat friends still haven’t received the message that it’s time to stop this reckless spending spree and time to start an economic recovery focused on real job creation.”

 

Friday
Dec112009

NRSC - Hodes Spends More, Budget Deficit Hits $120.3 Billion for November

On the heels of a record level of federal spending passed by U.S. Representative Paul Hodes (D-NH) and his colleagues in the Democrat-controlled Congress this year, the Treasury Department announced this afternoon that the November 2009 deficit totaled $120.3 billion.

In other words, just this last month alone, the federal government borrowed over $4 billion each day, or $167 million every hour.  

The Associated Press reports below that the Obama Administration “expects the 2010 deficit will set a new record at $1.5 trillion.” Of course, this comes as President Obama and Democrats in Washington try to pass a $2.5 trillion government-run health care bill on top of the failed $787 billion stimulus legislation that they rammed through Congress in February.

In reporting on this announcement today, I hope you’ll consider the following response from the National Republican Senatorial Committee (NRSC):

 “As Paul Hodes continues to march in lock-step with President Obama and Nancy Pelosi, the record level of deficit spending that he’s voted for is simply shocking. Our nation’s economy is struggling and Paul Hodes’ answer is to tax, borrow, and spend on the backs of New Hampshire’s children and grandchildren. This will be a central issue in next year’s election as Granite State voters will have an opportunity to shut off Paul Hodes’ government credit card and hold him accountable for supporting the Democrats’ reckless tax-and-spend agenda in Washington.” – Amber Wilkerson Marchand, NRSC spokeswoman

http://www.google.com/hostednews/ap/article/ALeqM5iWWPT8cAUpUCsmOZoABze-6XhwTAD9CGLVP00

Federal budget deficit for November hits $120.3B
By Martin Crutsinger
Associated Press
December 10, 2009

WASHINGTON — The federal deficit for the first two months of the new budget year is piling up faster than last year's record imbalance.

Economists worry the flood of red ink could push interest rates higher and raise the cost of borrowing for consumers and businesses, a potential drag on the fragile economic recovery.

The November deficit totaled $120.3 billion, the Treasury Department said Thursday. That's less than analysts had expected and down from a $176.4 billion imbalance in October. It was a record 14th straight monthly deficit.

Even with the improvement, the deficit is 5.7 percent higher than the first two months of the 2009 budget year when it hit a record $1.42 trillion. The Obama administration expects the 2010 deficit will set a new record at $1.5 trillion.

In a sign of the recession's depth, the government said individual income tax collections totaled $63.9 billion in November, less than the $70.5 billion the government collected in Social Security taxes and taxes for Medicare and disability insurance programs.

Analysts said it is not unusual for individual income taxes to fall sharply during a recession because the volatile category not only reflects the number of people working, but also bonuses and individual investment earnings that plunged during the downturn.

The amount of revenues that reflect Social Security and Medicare taxes, while down because fewer people are working than a year ago, are not subject to such large swings.

The flood of red ink reflects the downturn's effect the government's books. Both individual and corporate tax receipts have been cut sharply, while government spending on unemployment benefits, food stamps and other programs surged.

In addition, the deficit reflects heavy spending from the $700 billion financial bailout fund to stabilize the financial system, and the $787 billion economic stimulus program to jump-start growth and prevent the Great Recession from turning into another Great Depression.

For October and November, government receipts totaled $268.9 billion, down 13.1 percent from the same two months a year ago. Government outlays over the past two months totaled $565.6 billion, a drop of 4.2 percent from the year-ago period.

Spending to shore up the financial system was much lower over the past two months compared with a year ago, but the administration still projects that for the entire year, total government outlays will be 3 percent higher.

A forecasted deficit of $1.5 trillion for the fiscal year that began Oct. 1 would represent a third straight record annual imbalance. The administration in August also projected that the 2011 deficit would be $1.12 trillion and the imbalance would never fall below $739 billion over the next decade.

Over the next 10 years, the administration is forecasting that the red ink will total $9.05 trillion, an amount that would be approaching the $12 trillion current national debt, the sum of all the deficits since the country was founded more than two centuries ago.

President Barack Obama has said once the current economic crisis recedes, his administration will work to sharply trim the deficits. But private economists wonder whether Obama will be able to break the political gridlock in Washington that prevented a significant attack on deficits even before the recession made them worse.

"It is possible to bring the budget deficit under control but it will not be easy," said David Wyss, chief economist at Standard & Poor's in New York.

The administration this week did announce one improvement from its August budget review. It now projects that the losses from the $700 billion government financial rescue fund will be $141 billion over the next decade, $200 billion lower than it forecast in August. However, Democrats in Congress would like to use some of those savings to boost spending on a new effort to fight unemployment.