Aug 07, 2011
FACT CHECK: Paul Ryan Falsely Claims He Supports Getting Rid of Loopholes
Today on Fox News Sunday, House Budget Committee Chairman Paul Ryan (WI-01) falsely claimed House Republicans support ending tax loopholes for Big Oil and companies that ship jobs overseas.
In reality, House Republicans — including Paul Ryan — have repeatedly voted to protect loopholes and passed a Republican budget that would protect taxpayer subsidies for Big Oil and tax breaks for billionaires, while ending Medicare. Ryan and Republicans also voted to protect corporate loopholes for companies shipping jobs overseas.
- 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]