Two New TV Ads Hold Congressman Hulshof Accountable for Failed Economic Record in Washington

JEFFERSON CITY, Mo. -- Jay Nixon's campaign for Governor has launched two new television ads: to set the record straight and to hold Congressman Hulshof accountable for helping to create this economic crisis in Washington.  Both ads are airing statewide.

"Congressman Hulshof is running a deceitful and misleading campaign because he can't talk about the single most important issue to Missouri families, the economy," said Oren Shur, Nixon's campaign spokesman.  "Congressman Hulshof can't talk about the economic crisis because in Washington, he helped create it.  Congressman Hulshof has voted to help big companies ship Missouri jobs overseas, voted for thousands of wasteful earmarks and voted to give special breaks to Wall Street executives instead of middle-class Missourians.  Families in our state are hurting and they won't be distracted by Congressman Hulshof's Washington-style attacks. That's not the kind of change we need here in Missouri."   

Congressman Hulshof has voted for 90% of President Bush's economic policies, and the two campaigned together last week in Missouri. 
Down in the polls and running out of time, the Congressman's attack ads have become increasingly desperate and misleading.  The first Nixon for Governor ad responds to Congressman Hulshof's attacks and sets the record straight. Watch it here:  http://www.youtube.com/watch?v=hcRKUfHEHJ8

The second Nixon for Governor ad directly holds Congressman Hulshof accountable for his votes in Washington that helped create this economic meltdown. Watch it here:  http://www.youtube.com/watch?v=cuS8g5zidG0

Background information on Congressman Hulshof's Washington record on economic issues:

Congressman Kenny Hulshof Has "Been Supportive Of President Bush's Economic Policies."  Republican Rep. Kenny Hulshof has "been supportive of President Bush's economic policies..." [Columbia Missourian, 11/03/2006]

Congressman Kenny Hulshof Has Voted With George W. Bush Nearly 90 Percent Of The Time On "Economic Affairs And Trade" Issues.  Congressman Kenny Hulshof, from 2001 through 2007, voted with President George W. Bush 88 percent of the time on "economic affairs and trade" issues.  [Congressional Quarterly Vote Studies, 2001-07]

Kenny Hulshof Voted To "Normalize China's Trade Relationship With The United States."  Kenny Hulshof, on May 24, 2000, voted to pass H.R. 4444, which was a bill "to normalize China's trade relationship with the United States." This was a vote to set "the stage for the integration of the world's most populous nation into the global trading system."  According to the Economic Policy Institute, "unbalanced U.S. trade with China since 2001 has had a devastating effect on U.S. workers. Between 2001 and 2007, 2.3 million jobs were lost or displaced, including 366,000 in 2007 alone."  [House of Representatives Vote 228, 2000, The Associated Press, 05/25/00; The Washington Post, 05/25/00; USA Today, 05/25/00; Economic Policy Institute, 07/30/08, http://www.epi.org/content.cfm/webfeatures_snapshots_20080730]

Congressman Kenny Hulshof Has Continued To Defend His Vote To Normalize Trade Relations With China.  Kenny Hulshof has continued to defend his vote for normalized trade with China.  [St. Louis Post-Dispatch, 9/8/2008; Kansas City Star, 9/5/2008]

Kenny Hulshof Voted For Tax Breaks That Help Companies Move Job Overseas.  Kenny Hulshof, on March 9, 2005, voted in the House Budget Committee against an amendment to H.Con.Res. 95 to "create a reserve fund for revenues to be derived from ending the deferral by companies of income taxes paid on profits earned overseas.  That would bring in $4.5 billion in fiscal 2006 and $32.7 billion over five years.  The funds would pay for health insurance coverage for the uninsured and to increase coverage under Medicare and the State Children's Health Insurance Program." [CQ Congressional Committee Coverage of the House Budget Committee, 03/09/05]

Kenny Hulshof's Votes Preserved Tax Deferrals For Companies' Overseas Profits.  "Profits earned in the United States are subject to the 35% corporate tax.  But multinational corporations can defer paying U.S. taxes on their overseas profits until they return them to the USA – transfers that often don't happen for years.  General Electric, for example, has $62 billion in ‘undistributed earnings' parked offshore, according to recent Securities and Exchange Commission filings.  Drug giant Pfizer boasts $60 billion.  ExxonMobil has $56 billion."  "American multinationals can defer U.S. taxes indefinitely as long as profits are held in a foreign subsidiary."  This "encourages multinationals to invest outside the United States rather than within it."  [CQ Congressional Committee Coverage of the House Budget Committee, 03/09/05; USA Today, 03/21/08; James Kvaal, Title, 1 HARV. L. POL'Y REV. (Online) (Sept. 18, 2006),http://www.hlpronline.com/2006/07/kvaal_01.html]