Tom Emmer's Real Record on Jobs

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Tom Emmer's Record on Jobs

Katie: "Hi, we're the Emmers."

On Screen: Tom and Jacquie Emmer with their 7 children

Graphic: THE EMMERS

 Government recovery spending creates jobs in Minnesota. The State of Minnesota has received $3,226,031,026 in federal recovery spending as of March 31, 2010, according to the Recovery.gov Web site.  This money has created or saved more than 11,027 jobs.  [Recovery.gov, accessed 5/13/2010]

 Minnesota received $447,485,056 for K-12 education in recovery spending.  The funds are for "the support of public elementary, secondary, and postsecondary education and, as applicable, early childhood education programs and services," and will create 5,868 jobs.  [stimuluswatch.org, accessed 7/20/2010]

 Minnesota received recovery spending for weatherizing homes.  The ARRA provided $131,937,411 to weatherize homes.  [stimuluswatch.org, accessed 7/20/2010]

 Recovery spending will fund $82,564,000 to "provide low-interest loans and principal forgiveness to local gov't for clean water infrastructure projects."  [stimuluswatch.org, accessed 7/20/2010]

 Joey: "That's our dad, he's running for governor."

On Screen: Joey Emmer

Graphic: JOEY

 Emmer opposed a job creation bill.  On March 29, 2010, Emmer voted against a DFL-written jobs bill, which passed the House 112-20.   Amongst the provisions are tax credits for "angel" investors who spend on startup businesses.  These tax credits are the only proposals in the bill that have a cost, and the $10 million tab would be covered by eliminating tax loopholes related to real estate investment trusts (REITs). Much of the bill involves changes to rules for tax-increment finance (TIF) districts [Minnesota House of Representatives, HF 2695 2010, House Journal 9761]

Katie: "And he's really excited about it."

On Screen: Katie Emmer

Graphic: KATIE

 According to the Minneapolis-St.Paul Business Journal, the bill included incentives for Ford Motor Co. to keep a St. Paul assembly plant open, saving 750 jobs which would be lost if the plant closed. The incentives reportedly would help Ford pay for renovations needed to "retrofit the plant into a dual platform facility, allowing it to produce more models than the Ranger light truck." The incentives also included "tax credits for job retention and creation, and other benefits." [Twin Cities Business Daily, 4/1/2010]

Tripp: "Always talking about cutting taxes and reforming government."

On Screen: Tripp Emmer

Graphic: TRIPP

 According to Session Daily, the Minnesota Legislature's in-house publication, the bill included an "angel investor" credit for investors who put money in burgeoning small businesses. [Session Daily, 3/29/2010]

Jack: "And creating jobs for Minnesota."

On Screen: Jack Emmer

Graphic: JACK

 According to the Minnesota Department of Revenue, the maximum small business investment "angel investor" tax credit was $2.5 million in 2010 and doubled for FY 2011 - 2014.

Bobby: "Believe me, he creates plenty for us."

On Screen: Bobby Emmer

Graphic: BOBBY

 On Feb. 17, 2010, the New York Times reported that various studies by leading economic research firms showed that the federal stimulus package had created or saved between 1.6 million and 1.8 million jobs nationwide.  The Times reported:

Perhaps the best-known economic research firms are IHS Global Insight, Macroeconomic Advisers and Moody's Economy.com.  They all estimate that the bill has added 1.6 million to 1.8 million jobs so far and that its ultimate impact will be roughly 2.5 million jobs.  The Congressional Budget Office, an independent agency, considers these estimates to be conservative.  [New York Times, 2/17/2010]

On Screen: Various Emmer children doing odd-jobs; mowing the lawn, doing dishes, taking out the trash, fixing a car

 On December 17, 2009, the Center on Budget and Policy Priorities released a study that said the stimulus package was directly responsible for pulling between 42,000 and 91,000 Minnesotans out of poverty.  [Center on Budget and Policy Priorities, 12/17/2009]

Tom Emmer: "We've been blessed. Seven beautiful kids living in this amazing state. Minnesota families are struggling. We need to pick ourselves up, create jobs and get our economy moving."

On Screen: Tom Emmer

Graphic: Tom Emmer

 Emmer opposed the job-creating American Recovery and Reinvestment Act.  On January 22, 2009, Rep. Tom Emmer posted a press release on his Web site attacking the Federal Stimulus program as an "economic 'stimulus' package that adds another trillion dollars to our national debt," and said the Minnesota Republicans' "Emergency Jobs Stimulus Bill" was better for the state:

Our citizens, our taxpayers and especially our business owners deserve better; this bill gives our state a chance to compete for new jobs.  [Office of Tom Emmer, 1/22/2009]

Narrator: "Tom Emmer"

Tom Emmer: "It's time for a new direction."

On Screen: Tom Emmer

Graphic: REFORM

REDESIGN

Graphic: IT'S TIME FOR A NEW DIRECTION

Disclaimer: PAID FOR BY TOM EMMER FOR GOVERNOR

 On March 3, 2009, the Center on Budget and Policy Priorities published a state-by-state breakdown of fiscal aid sent directly to Minnesota as a result of the American Recovery and Reinvestment Act. According to the report, Minnesota received $3.87 billion in aid from FY 2009-2010, including more than $2 billion in fiscal relief for medicaid, more than $17 million to retrain workers who lost their jobs, and more than $1.5 billion in block grant funding.  [Center on Budget and Policy Priorities, 3/3/2009]

 On September 26, 2008, the Center on Budget and Policy Priorities praised the stimulus proposal's for its strategic division of $14 billion among states according to need. According to the Center on Budget and Policy Priorities, Minnesota was a "Tier A" state for fiscal aid, one of the 25 states hit hardest by the recession. From the Center on Budget and Policy Priorities:

Fiscal woes are not, however, uniform across states. Some states face severe budget crises and the need to impose very large spending cuts or tax increases. Others face less severe, but still significant budget problems. A third group of states -- particularly those with mineral wealth -- are faring better.

In recognition of this reality, the House stimulus plan targets most of its fiscal relief to the states with the weakest economies.   [Center on Budget and Policy Priorities, 9/26/2008]