News from the Campaign

Deb Fischer Statement On July Unemployment Report

August 3, 2012

“This election offers voters a distinct choice. Bob Kerrey shares the same misguided view as President Obama that we can tax our way to prosperity. But here in Nebraska, we know that simply doesn’t work. I understand that over-taxation and over-regulation are crippling our economy, and I am committed to reducing the burden on American families and small businesses so we can begin to create jobs and grow our economy.”

LINCOLN, Nebraska, August 3, 2012 - In response to July’s unemployment report, U.S. Senate candidate Deb Fischer released the following statement:

“Today’s disappointing unemployment report marks the 42nd straight month of unemployment over 8 percent.

“I believe in order to restore private sector confidence and get us on the path to economic recovery, we need to move in a different direction.

“I’ve offered a detailed jobs plan to empower the private sector and put America back to work.

“My plan offers proposals to stop the threat of tax increases, cut government red tape, bring down rising energy costs, and promote free trade.

“Yet, even with the nation in midst of the worst economic recovery since the Great Depression, my opponent’s top priority is to raise taxes on the middle-class.

“This election offers voters a distinct choice.

“Bob Kerrey shares the same misguided view as President Obama that we can tax our way to prosperity. But here in Nebraska, we know that simply doesn’t work. I understand that over-taxation and over-regulation are crippling our economy, and I am committed to reducing the burden on American families and small businesses so we can begin to create jobs and grow our economy.”

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Kerrey Made Millions From Political Connections, Now Wants To Raise Taxes On Middle-Class

August 2, 2012

“Bob Kerrey Is Calling For The Middle-Class To Pay Even More In Taxes While Also Leveraging His Political Connections To Make Millions By Sitting On Corporate Boards Led By The Billionaires Now Funding His Super PAC. Bob Kerrey Is Out-Of-Touch With Nebraska.”

LINCOLN, Nebraska, August 2, 2012 - Bob Kerrey made it clear this week that once he goes back to Washington, middle-class Nebraskans can expect to see a tax increase, flip-flopping on his previous promise not to raise taxes on the middle-class.

Nebraska Watchdog: “Is this a middle class tax increase?
Bob Kerrey: “Uh, well it depends where you draw the line of the middle-class. The current wage limit is $106,000. So it would not increase taxes on up to $106,000.”
Nebraska Watchdog: “So, in some respects it is?”
Kerrey: “Yeah, in some respects it is.”
(Joe Jordan, “Video Exclusive: Kerrey vs. Fischer on Social Security,” Nebraska Watchdog, 7/30/12)

Unlike Bob Kerrey, however, not many Nebraskans are able to leverage their political connections to make millions serving on corporate boards.

But that is exactly what middle-class tax hiker Bob Kerrey has done, and it has paid dividends for his pocket, and now his campaign’s super PAC.

“Kerrey’s financial report — required of all U.S. Senate candidates — shows the former U.S. senator and Nebraska governor has earned millions as a consultant and serving on corporate boards of companies that do everything from sell women’s clothing to standardized tests to lottery games.” (Deena Winter, “Top three candidates for Senate are all millionaires, but Kerrey is richest of them all,” Nebraska Watchdog, 4/26/12)

Last year, Bob Kerrey received $800,000 in “consulting fees” from a cold fusion company.

“[Kerrey received] $800,000 in consulting fees from Sidney Kimmel Revocable Trust. Kerrey called that his primary gig after he stepped down as New School president, helping a company in Israel sustain its research into low-energy nuclear reactions.” (Joe Morton, “Kerrey puts earnings at $4M,” Omaha World-Herald, 4/19/12)

Bob Kerrey—cold fusion expert? Not really.

The cold fusion project was funded by billionaire Hollywood producer Sidney Kimmel, Kerrey’s long-time friend and supporter.

Kerrey also received $965,354 last year by serving on the board for one of Kimmel’s companies, the Jones Group.

According to Kerrey’s financial report, in 2011-2012 alone he earned: $965,354 serving on the board of directors for The Jones Group, Inc., a company that owns brands such as Nine West, Anne Klein and Easy Spirit. He has served on the board since 2002. (Deena Winter, “Top three candidates for Senate are all millionaires, but Kerrey is richest of them all,” Nebraska Watchdog, 4/26/12)

Not coincidentally, Sidney Kimmel is one of the primary funders of the pro-Bob Kerrey super PAC “End The Gridlock,” donating $100,000 last quarter:

“Bob Kerrey is calling for the middle-class to pay even more in taxes while also leveraging his political connections to make millions by sitting on corporate boards led by the billionaires now funding his super PAC. Bob Kerrey is out-of-touch with Nebraska,” said Fischer campaign spokesman Daniel Keylin.

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Flip-Flopper Bob Kerrey Calls For RAISING Taxes On The Middle-Class

July 31, 2012

KERREY YESTERDAY:

KERREY: “This Proposal Calls For A Tax Increase.”

REPORTER: “Is This A Middle-Class Tax Increase?

KERREY: “Yeah, In Some Respects It Is.”

KERREY CAMPAIGN TWO MONTHS AGO:

“Kerrey Opposes Tax Increases On The Middle-Class.”

LINCOLN, NEBRASKA, July 31, 2012 - Yesterday, Bob Kerrey admitted to Nebraska Watchdog that his newly released Social Security plan includes tax increases on the middle-class, contradicting his previous position of opposing raising taxes on middle-class Americans.

Nebraska Watchdog: “Is this a middle class tax increase?

Kerrey: “Uh, well it depends where you draw the line of the middle-class. The current wage limit is $106,000. So it would not increase taxes on up to $106,000.”

Nebraska Watchdog: “So, in some respects it is?”

Kerrey: “Yeah, in some respects it is.”

By proposing an increase in Social Security taxes, Bob Kerrey has flip-flopped on his previous promise to not raise taxes on middle-class Americans.

In a June 11th press release, Bob Kerrey’s campaign made his position clear:

“Kerrey opposes tax increases on the middle class.” (Kerrey Press Release, “Shameless Negative Ad Butchers Bob Kerrey Tax Comments,” 6/11/12)

Ironically, the Kerrey press release decried suggestions from some that he favored middle-class tax increases, claiming his previous comments were being “butchered.”

But only two months later, liberal Bob Kerrey’s latest flip-flop leaves no room for doubt.

The Bob Kerrey Middle Class Tax Hike:

“The percent of wages taxed has decreased from 90% in the 1990’s to 83% in 2010. This is because the taxable maximum wage cap (currently $106,800) has not increased in line with wages. The Kerrey Plan supports restoring the taxable maximum gradually to cover 90% of wages by 2050.” (Bob Kerrey, “The Kerrey Plan To Save Social Security,” 7/30/12)

“It took only two months for Bob Kerrey to flip-flop on his position of whether or not to raise taxes on the middle-class. Only Bob Kerrey could propose a tax hike that affects even more Americans than President Obama’s tax hikes,” said Fischer campaign spokesman Daniel Keylin. “Hard-working middle-class Nebraskans don’t appreciate a New York liberal telling them that they’re not paying their fair share.”

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