FACT SHEET FOR TELEVISION COMMERCIALS
- Jack Kingston has voted for multi-billion dollar tax giveaways to Big Oil companies – even while the companies have received record annual profits and regular Americans have suffered from record gas prices. Votes by Kingston on key energy legislation over the last several years clearly display his position. [Votes awarding Big Oil tax giveaways: [HR 6 of 2005, HR 4305 of 2004, HR 6 of 2003, HR 4 of 2001] [Votes against repealing tax giveaways or increasing taxes on Big Oil: HR 5351 of 2008, HR 6 of 2007, HR 2776 of 2007] [News story on record profits] [Gas Prices Chart]
- During this time, Kingston has owned and profited from stock in oil companies such as Exxon Mobil, Chevron Texaco and Conoco Phillips. Besides oil companies, Kingston has owned stock interests in Freddie Mac, AIG, financial services companies and defense contractors. [2007 Personal Financial Disclosure Report (not found)] [2006 Personal Financial Disclosure Report] [2005 Personal Financial Disclosure Report and the Amended Version] [2004 Personal Financial Disclosure Report] [2003 - 1995 Personal Financial Disclosure Reports]
- Wall Street profit greed and bad deregulation policies are two of the primary causes of America’s financial crisis. Kingston voted for the Gramm-Leach-Bliley Act of 1999 that repealed parts of the Glass-Steagall Act and deregulated financial markets [S 900 Summary] [Roll Call for S 900] [Report on Act’s influence on financial crisis] On other key votes in recent years, Kingston has consistently supported market deregulation – ranging from the financial to housing sectors. [HR 5244 of 2008, HR 6604 of 2008, HR 3221 of 2008, HR 3915 of 2007, HR 1375 of 2004].
- This year Kingston voted against the new GI Bill for Iraq and Afghanistan veterans, then later voted for it after political pressure from my campaign and others. [Voted against HR 2642] [Voted for HR 2642]. Also in 2008 Kingston did not vote for the Defense Authorization Bill that among other things increases pay for uniformed service members and lowers the cost of prescriptions under TRICARE. [Did not vote for HR 4986]. Veteran groups, which rank how many times a Congressman votes for legislation they support, have often given Kingston a below average grade throughout his career. [ Disabled American Veterans 66 percent in 2006; Iraq and Afghanistan Veterans of America a grade of C in 2006; The Retired Enlisted Association 7 percent in 2006; Disabled American Veterans 0 percent in 2005; Disabled American Veterans 0 percent in 2004; The Retired Enlisted Association 33 percent in 2004; Vietnam Veterans of America 38 percent in 2003-2004; Disabled American Veterans 0 percent in 2003; The American Legion 40 percent in 2003]
- Kingston has long been a Congressional leader in the push to privatize Social Security. Kingston was a point man for the Bush Social Security Privatization Plan, holding many town hall meetings to persuade public approval. [National news story on Kingston/Social Security].