As voters prepare to hear from failed former businessman and anti-health care candidate David Richter in tonight’s much anticipated debate, we’d like to remind you just how toxic David Richter is for New Jersey families.
Richter, who told the Star-Ledger Editorial Board that he doesn’t believe “inequality in and of itself is an issue,” has touted his alleged business acumen, but his record leaves much to be desired.
1. Hill International, his family business, lost $10.9 million during Richter’s first year as CEO and announced a quarterly loss of $7.1 million the day he resigned in disgrace in 2017. The company was also charged with “engaging in fraudulent accounting practices” and fined $500,000 by the Securities and Exchange Commission.
2. Worse, while the company was hemorrhaging millions of dollars, shipping jobs out of state, and engaging in fraud, Richter was taking millions in salaries and perks including $30,550 in cars for himself and family members, $44,235 for household staff, cash bonuses for his family and even $1.2 million in “vacation days.”
And he’s worse on health care. Time and again, voters have named quality, affordable health care as the top issue keeping them awake at night. But David Richter clearly doesn’t share those priorities. Richter donated $6,600 to failed former Congressman Tom MacArthur who lost his seat in 2018 after writing the AHCA amendment to gut protections for people with pre-existing conditions and proudly accepted MacArthur’s endorsement in August.
3. Richter backs efforts to eliminate the Affordable Care Act, sharing the same views as Washington Republicans whose quest to rip health care away from 20 million Americans and 22,000 New Jerseyans in NJ-03 continues today.
4. Richter told the Star-Ledger Editorial Board that he was not “up to speed” with his party’s efforts to strike down the ACA in the courts which would leave 309,400 people with pre-existing conditions in his district without protections.
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