CORRECTING THE RECORD: Heller Ad Lies About Rosen’s Pro-Growth Record Supporting Middle Class Tax Cuts, Small Business Success, More Efficient Government

Rosen for Nevada spokesperson Molly Forgey released the following statement in response to a misleading new television ad from Sen. Dean Heller’s desperate campaign:

“The truth is that Senator Heller has been working to rig the system to further benefit giant corporations and his billionaire mega-donors, while Jacky Rosen is fighting to build an economy that works for regular, hardworking Nevadans trying to make ends meet. Jacky Rosen has been recognized for her pro-business, pro-growth voting record in Congress. Nevada’s economy is moving in the right direction, but it’s no thanks to Senator Heller’s reckless agenda in Washington.”

BACKGROUND

ROSEN HAS BEEN RECOGNIZED FOR HER PRO-BUSINESS VOTING RECORD

Rosen Received The Spirit Of Enterprise Award from the U.S. Chamber of Commerce For Her Pro-Business Legislative Record In 2017. “Congresswoman Jacky Rosen (NV-03) addressed the Las Vegas Metro Chamber of Commerce’s Eggs and Issues breakfast and took questions from local community and business leaders. In her remarks, Rosen announced plans to introduce the Creating Tech Startup Jobs Act, which would incentivize research and development hiring at tech startups through new tax credits. Rosen was also presented with the Spirit of Enterprise award from the U.S. Chamber of Commerce for her pro-business legislative work in 2017.” [Representative Rosen, Press Release, 4/5/18]

Rosen Was One Of Only 13 Democrats In Congress Whose 2017 Voting Record Made Them Eligible For The U.S. Chamber of Commerce’s Spirit Of Enterprise Award. [U.S. Chamber of Commerce, Accessed 8/17/18]

ROSEN SUPPORTS MIDDLE CLASS TAX CUTS

PolitiFact: Heller’s Claim That Rosen Promised “To Repeal Middle-Class Tax Cut” Was Ruled “Mostly False.” “Heller said that Rosen promised to repeal middle-class tax cuts. The Republican tax law provides immediate tax relief to middle-class families, though those savings expire without further action for all but the highest earners. Rosen spoke at an event that called for repeal of what they called the ‘Trump Tax’ on the middle class. However, Rosen said the law should be fixed; she did not say it should be repealed. As a point of policy, both Rosen and the organizers of the event where she spoke support middle-class tax cuts, but not the package passed by Republicans. There’s some nuance here, but Rosen didn’t vow to repeal the current tax law. We rate this claim Mostly False.” [PolitiFact, 4/24/18]

Rosen: “I Support Middle Class Tax Cuts, Because I Know More Money In Your Pocket Makes A Real Difference For Your Family.” “I support middle class tax cuts, because I know more money in your pocket makes a real difference for your family. I grew up in a working-class family, waiting tables to help put myself through college and then again when I first started my career working in technology. When I came home from a shift, I’d put my tip money into envelopes until there was enough to pay my rent — so I knew every day how hard I had to work to make ends meet.” [Reno Gazette-Journal, Jacky Rosen, 3/27/18]

Rosen Is A Cosponsor On The PACE Act, Which Would Make The Child And Dependent Tax Credit Fully Refundable. On September 13, 2017 Rosen cosponsored H.R. 3682, The Promoting Affordable Childcare for Everyone (PACE) Act. “This bill amends the Internal Revenue Code, with respect to the tax credit for expenses for household and dependent care services necessary for gainful employment (known as the Child and Dependent Care Tax Credit), to: (1) make the credit refundable, (2) increase the rate for the credit, and (3) require the dollar amounts for such credit to be adjusted for inflation after 2017. The bill also increases the amount of employer-provided dependent care assistance which may be excluded from the gross income of an employee and requires the increased exclusion amount to be adjusted for inflation after 2018.” The bill had 25 Republican and 22 Democratic cosponsors. [H.R. 3682, Introduced 7/28/17]

Rosen Cosponsored A Bipartisan Bill To Repeal The Affordable Care Act’s Excise Tax On Employer-Sponsored Health Insurance And Provide Relief To Employers Who Provide High-Cost Coverage For Their Employees. “Middle Class Health Benefits Tax Repeal Act of 2017 This bill amends the Internal Revenue Code to repeal, beginning with taxable years beginning after December 31, 2017, the excise tax on employer-sponsored health care coverage for which there is an excess benefit (high-cost plans).” Rosen co-sponsored the bill on March 1, 2017. It was referred to the House Subcommittee on Health on November 13, 2017. [CQ, 1/3/17; HR 173, Introduced 1/3/17, Co-Sponsored 3/1/17]

ROSEN SUPPORTS GETTING RID OF BURDENSOME RED TAPE FOR BUSINESSES

Rosen Voted For Establishing A Commission To Review And Cut Regulations That Are Unnecessarily Burdensome. In March 2017, Rosen voted in favor of “passage of the bill that would establish a nine-member commission to review existing federal regulations and identify regulations that should be repealed on the basis of reducing costs on the U.S. economy. The commission would identify those regulatory policies that it deems should be repealed immediately, and would set up a “Cut-Go” system that would require agencies to repeal existing rules to offset costs before issuing a new rule. As amended, the commission, in identifying which rules should be repealed, would be required to evaluate the extent to which a repeal of a rule would impact public health. It would bar from membership on the commission individuals who have been registered lobbyists during the previous two years.” The bill passed by a vote of 240-185. [HR 998, Vote #114, 3/1/17; CQ, 3/1/17]

Rosen Voted For The SEC Regulatory Accountability Act, Which Would Require Regulations To Be Adopted Only If It Has Been Determined Their Benefits Justify The Costs. On January 12, 2017 Rosen voted for The SEC Regulatory Accountability Act: “This bill amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to, before issuing a regulation under the securities laws, identify the nature and source of the problem that the proposed regulation is designed to address; adopt a regulation only upon a reasoned determination that its benefits justify its costs; identify and assess available alternatives to any regulation; and ensure that any regulation is accessible, consistent, written in plain language, and easy to understand.” The bill passed 243-184. [H.R. 78, Introduced 1/3/17; Vote 51, 1/12/17]

Rosen Cosponsored A Bipartisan Bill To Extend The Requirement For Filing State Taxes In States Where A Citizen May Work But Not Live To 30 Days, Reducing the Tax Burden on Businesses And Employees. “Mobile Workforce State Income Tax Simplification Act of 2017 (Sec. 2) This bill prohibits the wages or other remuneration earned by an employee who performs employment duties in more than one state from being subject to income tax in any state other than: (1) the state of the employee’s residence, and (2) the state within which the employee is present and performing employment duties for more than 30 days during the calendar year in which the wages or other remuneration is earned. The bill passed the House and was referred to the Senate Committee on Finance on June 21, 2017. [CQ, 3/7/17; HR 1393, Introduced 3/7/17, Co-Sponsored 6/13/17]

Rosen Voted In Favor Of A Bill That Would Allow Utilities To Get Advance Approval For Vegetation Management Near Power Lines That May Contribute To Mitigating Wildfires. On June 21, 2017, Rosen voted in favor of H.R. 1873, for “Passage of the bill that would allow utilities to submit long-term plans to the Forest Service and Bureau of Land Management for advance approval of vegetation management and other maintenance activities on electricity right-of-ways on federal lands. The bill would allow for utilities to conduct vegetation management and control activities on such electricity right-of-ways three days after notifying the relevant agency, if the relevant trees or other vegetation within or adjacent to it do not meet legal clearance requirements, and would exempt utilities from liability for wildfires caused by trees or vegetation contacting an electric line if the relevant agency failed to grant approval for the removal the vegetation.” The bill passed by a vote of 300 – 118. Rosen was one of 69 Democrats to vote for the bill, Pelosi and Hoyer voted against it. [CQ, 6/21/17; H.R. 1873, Vote Number 315, 6/21/17]

ROSEN SUPPORTS BALANCING THE BUDGET

Rosen Cosponsored A Bill To Pass A Constitutional Amendment Requiring Congress To Address The Debt In The Budget Without Cutting Medicare Or Social Security. Rosen was a cosponsor of, “This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a three-fifths roll call vote of each chamber. The prohibition excludes outlays for repayment of debt principal, receipts derived from borrowing, and receipts or outlays of the Social Security and Medicare trust funds. The amendment requires the President to annually submit to Congress a budget in which total outlays do not exceed total receipts.” The bill had 13 cosponsors and is in committee. [H.J.Res. 107, Introduced 6/29/17, Cosponsored 4/11/18]

THE REPUBLICAN TAX BILL’S PROMISES OF HIGHER WAGES AND MORE JOBS AREN’T MATERIALIZING

Washington Post: HEADLINE: “The Republican Tax Bill’s Promises Of Higher Wages And More Jobs Haven’t Materialized.” [Washington Post, 6/14/18]

By 2027, 83% Of The Benefits From The Tax Cuts And Jobs Act Will Go To The Top One Percent. “In 2027, the overall average tax cut would be $160, or 0.2 percent of after-tax income (table 3), largely because almost all individual income tax provisions would sunset after 2025. [...]Taxpayers in the top 1 percent of the income distribution would receive an average tax cut of 0.9 percent of after-tax income, accounting for 83 percent of the total benefit for that year.” [Tax Policy Center, 12/18/17]

The Hill: “The GOP’s Signature Tax Law Is Projected To Increase The National Debt By $1.9 Trillion Between 2018 And 2028, According To A New Report By The Congressional Budget Office (CBO).” [The Hill, 4/9/18]