Results tagged “Shea-Porter” from Belknap County Republican Committee
For Immediate Release: Contact: Press OfficeMarch 6, 2009 (202) 479-7070
Shea-Porter Votes to Reward Irresponsible Borrowers, Lenders
Shea-Porter Votes to Kill Motion That Would Have Ensured Fairness in Bailout Funds
Washington - Rep. Carol Shea-Porter (D-NH) voted last night against protecting millions of Americans who played by the rules, including thousands of her constituents. The motion that she voted against would have prohibited those who lied on mortgage applications from receiving taxpayer assistance. Instead, Shea-Porter has voted along with her party bosses in Washington to reward dishonest borrowers, unscrupulous lenders, and speculators (House Roll Call 103).
Specifically, Shea-Porter voted against a motion that would prohibit taxpayer funds from being used:
- to assist anyone who lied about their income or assets on their mortgage application;
- to assist any lender that failed to follow proper underwriting standards;
- as incentives to lenders to rework loans for irresponsible borrowers;
- unless the President submits a plan that provides equitable treatment of all mortgage holders.
“Any middle-class family will tell you that rewarding bad behavior is the last thing that will get this economy moving again, but it’s clear that Carol Shea-Porter and her Washington Democrat friends disagree,” said NRCC Communications Director Ken Spain. “While homeowners are struggling to pay for their mortgages, Shea-Porter refused to stand up to the irresponsible speculators and lenders that contributed to our current housing crisis. If Carol Shea-Porter is fighting for the dishonest characters that got us in this mess, who is fighting for her constituents who played by the rules?”
Middle-class families all across America are hurting in these tough economic times, but Carol Shea-Porter has refused to put partisanship aside to look out for their interests. Shea-Porter was elected on a promise to protect American taxpayers, but instead she has chosen to look the other way and reward dishonesty.
PolitickerNH: By Brian Lawson
A UNH poll contains good news for U.S. Rep. Paul Hodes (D-Concord) but
show trouble for U.S. Rep. Carol Shea-Porter (D-Rochester).
According to The Granite State Poll, Shea-Porter is losing to former U.S.
Rep. Jeb Bradley (R-Wolfeboro) 46 percent to 40 percent. However, the same poll
has Shea-Porter beating Bradley's primary rival, former Health and Human
Services Commissioner John Stephen 42 percent to 36 percent.
Bradley enjoys a 48 percent favorable rating, while 62 percent of
voters say they do not know enough about Stephen. Shea-Porter is viewed
favorably by 35 percent of voters and 32 percent view her has unfavorable.
In the 2nd Congressional District Hodes holds substantial leads over
state Sen. Bob Clegg (R-Hudson) and Jennifer Horn (R-Nashua).
Hodes leads Clegg 44 percent to 25 percent and beats Horn 43 percent to
23 percent.
Both Clegg and Horn remain unknown to most voters. 62 percent of voters
do not know enough about Clegg and 77 percent say the same about Horn.
(Charts over at GraniteGrok)
State GOP candidates want tax code overhaulNotice that both Republicans are not for the status quo - they want REAL CHANGE!
By KEVIN LANDRIGAN, Telegraph Staff
CONCORD – Both major Republican candidates opposing Democratic congresswoman Carol-Shea Porter support replacing the current tax code with simplified tax rates.
John Stephen, R-Manchester, and Jeb Bradley, R-Wolfeboro, insist a tax overhaul is needed so the country can return to a time when most citizens filed their own tax returns.
"A great nation deserves a better tax code than what we have today," Stephen said.
"Our current tax system is smothering small businesses and stifling economic growth, while it confuses individuals and leaves many feeling that the process is unfair.''
Stephen said if elected he would propose legislation to give all citizens a choice between the existing system and a "simple, flat tax.''
"My guess is that the current system doesn't stand much of a chance,'' Stephen said.
Stephen, a former health and human services commissioner, unveiled his proposal on Monday, the day before the deadline for all Americans to file their 2007 taxes.
Bradley, a former congressman and state legislator, proposed two months ago a rewrite that would replace the current code with three tax rates of 10, 15 and 30 percent.
The Bradley proposal would exempt the first $40,000 of income from the tax, to insulate the working class.
"We would also preserve the favorable tax treatment of home ownership and charitable giving, both important components of the fabric of American life. What is most important is that cumbersome and complex 60,000-page morass is altered to be simple, comprehensible and fair,'' Bradley explained.
While in Congress, Bradley voted for the Bush tax cut of 2003 and vowed to preserve those that will retire in 2010 if Congress fails to act.
"The Democrats like to portray this political handiwork as nothing more than tax increases on the wealthy,'' Bradley said.
"It makes for great political spin but there is one problem: it's wrong.''
Bradley claimed the average American family making $40,000 a year got a tax cut worth $2,000.
Stephen said the group that benefits most from the current system are tax lobbyists who spend millions to preserve or carve out new tax breaks for their clients.
Meanwhile, over in the Democratic camp...
While in Congress, Shea-Porter has voted to repeal the Bush tax cuts for the 1 percent most wealthy in the U.S. and voted to give tax relief to middle-class families facing an increase under the Alternative Minimum Tax.
The bill Shea-Porter supported paid for that tax cut by closing a loophole that allows offshore companies to reduce U.S. tax liability....nothing than the same thing, over and over again. Change? No change at all - only moving backwards....
