***CEO Watch***
For Immediate Release
September 16, 2010
Contact: Kam Kuwata, 800-709-7532
Today, U.S. Senate PASSES Small Business Jobs Act, but…
Fiorina Opposes This Bill to Give Small Business Tax Relief and Help 3.4 Million California Businesses
Later, Fiorina attends fundraiser with Sec. of State George Shultz, who will remind Fiorina that she is “wrong” to support Prop. 23 and ship more CA’s jobs to China
A few minutes ago, the U.S. Senate passed the Small Business Jobs Act, providing small business tax relief and loans that can help 3.4 million businesses in California. Carly Fiorina opposes this bipartisan bill, which “would establish a $30 billion small business lending facility run by the Treasury Department and provide another $12 billion in tax relief.” [ABC News, 7/29/10]
Fiorina’s job killing ways did not start today, of course. At Hewlett-Packard, she laid off 33,000 workers. She shipped thousands of jobs to China, India, and elsewhere. Then she was fired in 2005, after the stock lost more than 50% of its value.
Since Fiorina has been running for the Senate, she has opposed every major jobs bill that has passed the Senate since 2009.
Fiorina supports Prop. 23, which would suspend California’s climate change law and send our state’s clean energy jobs to China. George Shultz, who is fundraising for Fiorina today, has said she is “wrong” for supporting Prop. 23. [San Francisco Chronicle, 7/25/10]
And let’s not forget that Fiorina called the teachers jobs bill “disgraceful” and showed again that she would rather reward companies that ship jobs overseas than California’s students. [Associated Press, 8/6/10] The law will save more than 2,900 education jobs in Bay Area public schools and is fully paid for by closing a tax break for companies that ship jobs overseas.
Kam Kuwata of CEO Watch sums it all up, “Fiorina shipped thousands of jobs to China, Malaysia and elsewhere, and boasted about doing this hatchet job on the American economy calling this move ‘right-shoring.’ So it’s no big surprise that she is at her old tricks once again.”
###
CEO Watch is a project of the Los Angeles County Democratic Party that explores the records of Republican candidates who brag about their business credentials as qualifications for seeking public office. Not authorized by any federal candidate or committee.
