Press Releases

 

Friday
Sep242010

NRSC - As Fall Begins, What Happened To Paul Hodes' Failed Recovery Summer?

WASHINGTON – With only 40 days until voters cast their ballots in New Hampshire, Congressman Paul Hodes (D-NH) and his party’s so-called “Recovery Summer” has failed to deliver the economic revival that Democrats promised when they launched their empty rhetoric in June 2010. Instead, Hodes’ massive government spending and out-of-control debt have failed to provide much-needed relief to Americans, who today struggle under 9.6 percent unemployment.

“Just like the rest of his out-of-touch Washington agenda, it’s clear that Paul Hodes’ so-called ‘Recovery Summer’ did nothing to help New Hampshire voters as they struggle to make ends meet,” said National Republican Senatorial Committee (NRSC) spokeswoman Amber Marchand. “In just 40 days, New Hampshire voters will have the opportunity to hold Paul Hodes accountable for his costly, failed record, when they elect Kelly Ayotte who will fight to cut spending, rein in the size of government and create much-needed jobs in her state.”

Background Information:

In January 2009, The National Unemployment Rate Was 7.7%. (U.S. Department Of Labor’s Bureau Of Labor Statistics, www.bls.gov, Accessed 8/19/10)

  • “Back In Early January, When Barack Obama Was Still President-Elect, Two Of His Chief Economic Advisers — Leading Proponents Of A Stimulus Bill — Predicted That The Passage Of A Large Economic-Aid Package Would Boost The Economy And Keep The Unemployment Rate Below 8%. It Hasn’t Quite Worked Out That Way.” (Stephen Gandel, “Obama’s Stimulus Plan: Failing by Its Own Measure,” Time, 7/14/09)

In August 2010, The National Employment Rate Was 9.6%. (U.S. Department Of Labor’s Bureau Of Labor Statistics, www.bls.gov, Accessed 9/23/10)

August 2010: “Layoffs Are Back, And That’s Bad News For The Fragile Economic Recovery.” (Christopher S. Rugaber, “Spike In Layoffs Feeds Fear Of Faltering Recovery,” The Associated Press, 8/20/10)

In January 2009, The National Debt Was Roughly $10.6 Trillion. (U.S. Department Of The Treasury’s Bureau Of The Public Debt, www.treasurydirect.gov, Accessed 8/20/10)

By September 23, 2010, The National Debt Had Climbed To Nearly $13.5 Trillion. (U.S. Department Of The Treasury’s Bureau Of The Public Debt, www.treasurydirect.gov, Accessed 9/23/10)

The National Debt Has Increased By Nearly $2.9 Trillion In Less Than Two Years Under President Barack Obama. (U.S. Department Of The Treasury’s Bureau Of The Public Debt, www.treasurydirect.gov, Accessed 8/20/10)

“The Nonpartisan Congressional Budget Office On Thursday Estimated That The Federal Budget Deficit For 2010 Will Hit $1.34 Trillion . . . . The shortfall is still the second largest in more than six decades, coming in at 9.1 percent of GDP. It is exceed by last year's shortfall, which was 9.9 percent of GDP.” (Jay Heflin, “CBO Deficit Projection Lower, But Still Gloomy,” The Hill, 8/19/10)

“High Unemployment And Meager Wage Growth Already Are Driving Many Americans’ Reluctance To Make Major Purchases, So A Return Of Falling Home Equity Could Further Depress Confidence And Consumer Spending.” (Sudeep Reddy and Nick Timiraos, “Plunge in Home Sales Stokes Economy Fears,” The Wall Street Journal, 8/25/10)

“‘Today’s News On The Economy Has Been Nothing But Awful,’ Paul Ashworth, An Economist At Capital Economics, Wrote In A Note To Clients. ‘The Recovery Is Clearly Slowing.’”  (Christopher S. Rugaber, “Spike In Layoffs Feeds Fear Of Faltering Recovery,” The Associated Press, 8/20/10)

“Ken Simonson, Chief Economist At The Associated General Contractors Of America, Said Highway Contractors Began Working On Stimulus Projects As Much As A Year Ago, ‘And Now That Pipeline Is Empty.’ Work On Commercial Projects Such As Office Buildings, Malls And Hotels Is ‘Dead, Dead, Dead,’ He Added.” (Christopher S. Rugaber, “Spike In Layoffs Feeds Fear Of Faltering Recovery,” The Associated Press, 8/20/10)

“[E]conomists Are Concerned That The Unemployment Rate Will Start Rising Again Because Overall Economic Growth Has Weakened Significantly Since The Start Of The Year.”  (Christopher S. Rugaber, “Spike In Layoffs Feeds Fear Of Faltering Recovery,” The Associated Press, 8/20/10)

“The U.S. Economy Faces Difficult Times Ahead With Chronic Unemployment And Slow Manufacturing Hurting The Pace Of Recovery, The Head Of Congress’ Budget Agency Said on Thursday. The warning from the non-partisan Congressional Budget Office came on top of more bad U.S. economic data that heightened concerns about a return to recession, roiling markets.” (Richard Cohen and Donna Smith, “More Tough Economic Times Forecast By CBO,” Reuters, 8/20/10)

“Congressional Budget Office Director Douglas Elmendorf Said The Economy Faces A Tough Recovery From Recession, although the CBO predicted 3 percent economic growth this year. ‘The considerable number of vacant houses and underused factories and offices will be a continuing drag on residential construction and business investment, and slow income growth as well as lost wealth will restrain consumer spending,’ he said.” (Richard Cohen and Donna Smith, “More Tough Economic Times Forecast By CBO,” Reuters, 8/20/10)

Friday
Sep242010

NRCC - Six Months Later and ObamaCare Continues to Fall Flat for Shea-Porter

Democrats Claimed to be Reviving Their Healthcare Sales Pitch – Now They’re Running From it

Washington- Today marks the six month anniversary of ObamaCare being signed into law, but the countless promises made by President Obama and Democrats like Carol Shea-Porter still haven’t come to fruition. Democrats promised their government healthcare takeover would provide economic benefits to the American public, but evidence continues to stack up against their claims. Recent news has shown that the Democrats’ healthcare takeover continues to grow more unpopular among the American public as it stunts job growth, imposes even more new taxes, and strips working families of their existing healthcare coverage. While the White House once claimed to be campaigning on ObamaCare, it now appears that Democrats like Shea-Porter are running away from the healthcare takeover that they helped pass.

“President Obama promised the world as he delivered his sales pitch for his party’s healthcare takeover, but the past six months have brought little good news for Democrats like Carol Shea-Porter who helped pass ObamaCare,” said NRCC Communications Director Ken Spain. “Shea-Porter rubber-stamped a trillion dollar government takeover of healthcare against the best interests of her constituents – and now, she’s running away from it. While the White House once claimed to be ‘selling’ their healthcare agenda on the campaign front, middle-class families in New Hampshire have been left wondering for the past six months – how much more taxpayer money will be wasted on the partisan spending agenda of Democrats in Washington?”

The White House and allies claimed to be reviving the campaign to ‘sell’ the healthcare takeover to the American public:

“President Obama and his allies, concerned about deep skepticism over his landmark health care overhaul, are orchestrating an elaborate campaign to sell the public on the law, including a new tax-exempt group that will spend millions of dollars on advertising to beat back attacks on the measure and Democrats who voted for it.” (Sheryl Gay Stolberg, “White House and Allies Set to Build Up Health Law, New York Times, 06/06/10)

"The extraordinary campaign, which could provide an unprecedented amount of cover for a White House in a policy debate, reflects urgency among Democrats to explain, defend and depoliticize health reform now that people are beginning to feel the new law's effects…President Barack Obama on Tuesday will kick off a series of high-profile health-reform events heading into the November election. The job will continue as long as he is president, since the biggest provisions — including the requirement that individuals carry health insurance — don't kick in until 2014." (Mike Allen, "Dems Launch $125M Health Campaign," Politico, 06/07/10)

However, six months later, the same Democrats that signed the healthcare takeover into law are running away from it, as their messaging continues to fall flat and evidence shows the negative implications of ObamaCare are far more serious than originally predicted:

Dems Wave the White Flag on Their Unpopular Healthcare Law as Their Messaging Falls Flat: “Key White House allies are dramatically shifting their attempts to defend health care legislation, abandoning claims that it will reduce costs and deficit, and instead stressing a promise to ‘improve it.’The confidential presentation, available in full here and provided to POLITICO by a source on the call, suggests that Democrats are acknowledging the failure of their predictions that the health care legislation would grow more popular after its passage, as its benefits became clear and rhetoric cooled.” (Ben Smith, “New Dem message: 'Improve' health care, don't talk cost,” Politico, 08/19/10)

Americans Still Not Buying ObamaCare Sales Pitch as Approval Sinks to 43 Percent: “A new poll shows that public support for health care reform dropped sharply in August – a dagger in Democrats’ hopes that their landmark legislation will help them in November’s midterm. The Kaiser Health Tracking Poll has support for the bill dropping seven percentage points in August – down to 43 percent – while opposition rose 10 points to 45 percent. That’s the weakest showing since May – and a far cry from the bump proponents had hoped to see as some of the law’s more consumer-friendly provisions kick in. Democrats said throughout the year-long debate on Capitol Hill that support for the overhaul would increase once the bill passed and Americans were able to take advantage of some of its benefits.” (Jennifer Haberkorn, “Public Sours on Health Care Reform,” Politico, 8/31/10)

ObamaCare Will Cause Nation’s Healthcare Tab to Continue to Rise: “The nation's health care tab will go up — not down — as a result of President Barack Obama's sweeping overhaul… For critics, the numbers show that the law didn't solve the cost problem, although Obama repeatedly said he wanted to bend the spending curve down. The analysis found that health care spending will grow to nearly 20 percent of the economy in 2019.” (Ricardo Alonso-Zaldivar, “Gov't: Spending to rise under health care overhaul,” Associated Press, 09/09/10)

Poll: Americans Still Confused By Dems’ Healthcare Overhaul Six Months Later: “The uncertainty and confusion amount to a dismal verdict for the Obama administration's campaign to win over public opinion. Before the final votes in Congress, Obama personally assured wavering Democrats he'd take the case to the American people after the law passed. But it hasn't worked. And in the final stretch before the midterm elections Republicans are united by their call for repeal.” (Ricardo Alonso-Zaldivar and Trevor Tompson, “AP Poll: Health care law making us muddle-minded,” Associated Press, 09/21/10) 

Friday
Sep242010

Shea-Porter Helps House Pass Small Business Jobs Act

Washington, D.C. – Today, Congresswoman Carol Shea-Porter voted for, and the House passed, the Small Business Jobs Act.  This legislation, which will expand lending to millions of small businesses and offer tax incentives to help small businesses grow, is now scheduled to go to the President’s desk for signature.

“Small businesses are the backbone of our economy, and we must ensure they have the resources they need in order to succeed,” said Congresswoman Shea-Porter.  “I voted for this bill because it increases loan access for small business owners, and provides them with important tax breaks.  Small businesses have created more than two-thirds of new jobs over the last 15 years, and that is why we must continue to pass pro-business and pro-growth legislation.”

The Small Business Jobs Act will give small businesses $12 billion in tax cuts, which will jumpstart new investment by supporting several new measures, including:

  • Allowing for 100% exclusion of capital gains on investments in small businesses,
  • Doubling the deduction for start-up expenditures, and

The legislation will also leverage up to $300 billion in private sector lending for small businesses. 

The bill is supported by the National Small Business Association, the Small Business Majority, the National Retail Federation, the National Restaurant Association, Independent Community Bankers of America, the American Bankers Association, the Financial Services Roundtable, the International Franchise Association, the Motor & Equipment Manufacturers, and the National Association for the Self-Employed.

Friday
Sep242010

Shea-Porter Statement on the Implementation of the Patient's Bill of Rights

Washington, D.C.Congresswoman Carol Shea-Porter today released the following statement regarding the implementation of the Patient’s Bill of Rights. 

“Today, significant consumer protection provisions included in health care reform take effect.  Health care companies can no longer deny coverage for children with pre-existing conditions, cancel insurance policies when people become ill, or kick young adults off their parents’ coverage before age 26.  These strong reforms will help people across New Hampshire.”

For plan years beginning on or after September 23, 2010, all privately-insured Americans will have the following protections:

• Health coverage can no longer be cancelled if a person becomes sick

• Children cannot be denied coverage due to a pre-existing condition

• Young adults up to age 26 can stay on their parents’ health plan

• Health insurance companies cannot put a lifetime limit on health coverage

• Restrictions will be places on health plans’ annual limits

Friday
Sep242010

NHDP - In Case You Missed It: N.H. Median Income Tops Nation 

Concord - According to new statistics from the U.S. Census Bureau, New Hampshire has the highest median income in the country.  This is yet another indication that the Granite State is weathering this recession better than most other states in the nation, and leading the national economic recovery.

New Hampshire's median income is just over $65,000 per year, nearly double the median income in Mississippi, the state with the lowest median income.  This news follows soon after reports showing that the Granite State created over 10,000 new jobs in the past year, and has the second fastest growing job market in the country.  It is a stark comparison to most other states where hundreds of thousands of jobs were lost during the same period of time.

"With the responsible and steady leadership of Governor Lynch and our Democratic majorities in the state House and Senate New Hampshire continues to be a national leader in key economic and quality of life measurements," said Harrell Kirstein, press secretary for the New Hampshire Democratic Party.  "In addition, New Hampshire is the safest, most liveable, and best state in which to raise a family."

The full the article in the New Hampshire Business Review covering New Hampshire's highest in the nation median income can be found here.