Wednesday, April 1, 2009

White House highlights tax credit affects on Granite State

From the White House:

500,000 New Hampshire working families to benefit from making work pay tax credit

300 million new dollars in the hands of New Hampshire workers

April 1, 2009

The United States faces the most severe economic and financial crisis in generations. Tragically, much of the damage has fallen principally on Main Street. To help middle-class families get back on their feet and restore some fairness to the tax code, President Obama in February signed one of his signature issues into law – the Making Work Pay tax credit. As a result, families across the country are seeing more money in their paychecks. This is one of the fastest and broadest tax cuts in American history.

Today, the Obama Administration is releasing a state-by-state analysis to show the impact the Making Work Pay tax credit is having across the country.

In New Hampshire that means 500,000 working families will collectively get $300 million in hand to help them weather the current economic storm. This reflects the Administration’s strong and sustained commitment to the middle class.

Nationally, the credit provides over 110 million working families—about 95%—the tax relief they need right now and will give nearly 60 billion dollars to America’s working families. The Republican alternative budget, announced today, would roll back these tax credits in 2010, thereby increasing taxes for the same 95 percent of working families.

NH GOP criticizes Martin’s campaign manager

From the New Hamphire Republican Party:

Today, former New Hampshire Governor and Republican State Committee Chairman John H. Sununu released the following statement on Bud Martin’s campaign manager’s long history of dirty politics:

“Everyone wondered why the Democratic State Committee would bring in a political ‘hired gun’ to run a New Hampshire State Senate special election. Now we all know why. They brought in a specialist in campaigns based on personal attacks and distortion instead of discussion of the issues. We now find out that this political operative had been fired from a 2006 Minnesota campaign after doctoring a photograph in an attempt to portray the opponent – a decorated war veteran – as a Nazi. This Democrat strategy of basing the District 3 race on personal attacks now explains the almost comical performance of the Democrat candidate last Sunday on TV when he said he wouldn't discuss issues in the campaign because it would ‘send a postcard out in advance on everything he was going to do’ if elected to the Senate.

“Campaigns based on personal attacks and avoiding discussing the issues of taxes, spending, efficiency of government, and short-changing our cities and towns seems to be business as usual for the New Hampshire Democrats.”