Sep 18, 2011

Fact Check: Congressman Paul Ryan Claims He Supports Getting Rid of Tax Loopholes

Today on Fox News Sunday, House Budget Committee Chairman Paul Ryan (WI-01) falsely claimed that House Republicans “passed a budget by lowering tax rates and closing loopholes.”

In reality, Paul Ryan and House Republicans have repeatedly voted to protect tax loopholes for Big Oil and companies that ship jobs overseas, while ending Medicare and raising health care costs for seniors.

FACT CHECK:

  • Ryan Prioritized Subsidies for Big Oil Over Education. On July 29, 2011, Paul Ryan voted against directing a bipartisan committee tasked with reducing $1.8 trillion in deficit reduction created under Speaker Boehner’s debt ceiling plan to prioritize cutting subsidies for major oil and gas companies and corporate aircraft before cutting funding for education.  [S 627, Vote #676, 7/29/11]
  • Ryan Voted to Protect Taxpayer Subsidies for Big Oil. Paul Ryan voted to bypass consideration of the Big Oil Welfare Repeal Act of 2011 (H.R. 1689) which would repeal key taxpayer funded subsidies for oil and gas companies. [H Res 245, Vote #293, 5/5/11; The Hill, 5/4/11; CBS News, 5/4/11]
  • Ryan Voted to Protect Taxpayer Subsidies to Oil Companies that Pollute. In March 2011, Paul Ryan voted against “a motion to recommit the joint resolution to the Appropriations Committee with instructions that it be reported back immediately with an amendment that would prohibit any major integrated oil company from being eligible for any tax benefit or relief under related provisions of the tax code.” [HJRes 44, Vote #153, 3/1/11]
  • Ryan Voted Against Preventing The Government From Contracting With Companies that Ship Jobs Overseas. On January 25, 2011, Paul Ryan voted against a motion that would have added language to a budget bill preventing the U.S. government from contracting with companies deemed outsourced American jobs. [H Res 38, Vote #19, 1/25/11]
  • Ryan Voted to End Medicare.  Paul Ryan voted for the House Republican budget. “The plan would essentially end Medicare, which now pays most of the health-care bills for 48 million elderly and disabled Americans, as a program that directly pays those bills,” wrote the Wall Street Journal. [H Con. Res. 34, Vote #277, 4/15/11; Wall Street Journal, 4/4/11]

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