Iowa 2004 presidential primary precinct caucus and caucuses news, reports and information on 2004 Democrat and Republican candidates, campaigns and issues

Iowa Presidential Watch's

IOWA DAILY REPORT
Holding the Democrats accountable today, tomorrow...forever.

Our Mission: to hold the Democrat presidential candidates accountable for their comments and allegations against President George W. Bush, to make citizens aware of false statements or claims by the Democrat candidates, and to defend the Bush Administration and set the record straight when the Democrats make false or misleading statements about the Bush-Republican record.

IPW Daily Report – March 26, 2004

* TODAY’S QUOTES:

"He [John Kerry] supported a 50-cent-a-gallon tax on gasoline. He wants you to pay the extra money at the pump, but he wouldn't even throw in a free car wash," President Bush said.

“Mr. Clarke, in his testimony to the bipartisan committee investigating security and intelligence lapses leading to September 11, sharply scolded President Bush for not preventing the destruction of the World Trade Center and the attack on the Pentagon, and for not doing what he should be doing to punish al Qaeda instead of misadventuring into Iraq. But it's clear that what really bugs Mr. Clarke is that the president does not share Mr. Clarke's estimation of the wit, the erudition and the wisdom of Richard Clarke.” -- writes Wesley Pruden, Washington Times.

“Mr. Clarke, the cheri du jour of the elite media, complains that George W. didn't listen to him. With his record of accomplishment in a succession of administrations, the scandal is not that he wasn't listened to but that somebody persuaded George W. to keep him in the White House. Since taking care of bureaucrats has become the first purpose of government, maybe the president did owe him something. Somebody should have sent him over to the motor pool to detail the president's limousine.” -- writes Wesley Pruden.

“It is only March, but the 2004 Chutzpah of the Year Award can be safely given out. It goes to Richard Clarke, now making himself famous by blaming the Bush administration for Sept. 11 -- after Clarke had spent eight years in charge of counterterrorism for a Clinton administration that did nothing.” -- writes Charles Krauthammer.

Roll Call's Ethan Wallison reports that Rep. Porter Goss said Thursday that Clarke "may have lied in testimony to his committee, and said he plans to explore whether Congressional action on the matter is warranted." -- ABC’s The Note writes.

"I don't think the American people believe that a president would, in a cavalier way, turn his back on information that could jeopardize the nation," Sig Rogich, an image consultant for President George H.W. Bush, said regarding Richard Clarke’s accusations.

"Today we have a tax code that does more to reward companies for moving overseas than it does to reward them for creating jobs here in America," Kerry said in remarks prepared for delivery at Wayne State University.

"The tools are in place. Now we need to make sure to use these tools to make sure that John Kerry is elected president," said DNC Chairman Terry Mc Auliffe about the party’s $25 million in the bank.

"All of the Democratic opponents he faced during the primary said that John Kerry's numbers didn't add up in the primary and they don't add up now," said Bush spokesman Steve Schmidt. "It means a massive tax increase for middle income families."

"I want to start by saying something nice about President Bush. Of all the presidents we've had with the last name of Bush, his economic plan ranks in the top two," John Kerry said.

"They drove us into each other's arms," former Texas Gov. Ann Richards said. "We are so united that, before their wives got wind of it, Joe Lieberman and Al Sharpton were on their way to San Francisco to get a marriage license."

* TODAY’S OFFERINGS:

Kerry pushes Jobs agenda

Kerry v Bush: the credibility attacks

Spending the War Chests

 * CANDIDATES & ISSUES:

Kerry pushes Jobs agenda

Sen. John Kerry plans to move discussions back to jobs by delivering the first of three speeches on his job creation plans. At Wayne State Kerry will be rolling out his change in taxation of foreign held profits by American companies and 'Benedict Arnold C.E.O.'s'.

Under existing law, U.S. companies do not have to pay taxes on their foreign income until they bring it back to the United States. If they keep it abroad, they can avoid taxes entirely.

Kerry's plan would tax profits from foreign subsidiaries just like domestic profits and still allow companies to defer the income earned by production in a foreign country that serves foreign markets.

"He is eliminating what is a very clear incentive to relocate jobs overseas and then keep the profits overseas," said Kerry economic adviser Gene Sperling, a former Clinton administration aide who estimated the changes would affect about 600 U.S. companies.

Kerry’s campaign estimates that the $12 billion in annual tax increases would offset a cut in corporate tax rates, to 33.25 percent from 35 percent. This tax cut is expect to go to nearly all U.S. companies, according to the Kerry campaign.

Kerry's plan also would expand a proposal for a manufacturing job tax credit that he first made during stops in Iowa and New Hampshire to include industries the Commerce and Labor Departments determined to be at risk of being outsourced.

Part of Kerry’s plan would be to offer a one-year, 10 percent tax holiday to encourage companies that are keeping profits overseas to avoid taxes to bring them back to the United States.

Companies bringing their profits home at this time would also suffer a loss due to the low value of the dollar compared to other currencies at this time.

USA Today covers the issue of the two competing Bush Kerry job creation plans. The Today story is not optimistic about Kerry’s plan:

As for the Kerry plan, David Wyss, chief economist for Standard & Poor's, says the sizable gap in wages between the USA and many of its international competitors makes it unlikely that Kerry's tax policy changes would bolster hiring here, even with major changes in the tax code.

"Right now, workers in the U.S. cost an average $28 per hour plus health care and other benefits, while workers in both China and India come at an average $2 per hour," he says. "There isn't much that changing tax rates can do about that."

Another criticism of Kerry's proposals is that they focus too much on stemming U.S. job losses to lower-cost workers overseas. Although the "outsourcing" of U.S. jobs is a potent political issue, most economists say it's only a small part of the U.S. hiring slump. On Wednesday, a survey by the National Association for Business Economics found that only 9% of 203 member economists saw foreign trade as a major factor behind the U.S. job market's problems.

Kerry v Bush: the credibility attacks

Sen. John Kerry’s campaign continues to have a three-pronged approach in its attack on the President: jobs and the issue of outsourcing; Iraq and it hurt the War on Terrorism ; and the President’s credibility.

Howard Dean on “McNeal-Leaher News Hour” said that the number one issue in this campaign might very well be the President’s credibility. When a President loses his credibility the public will vote him out of office, Dean said.

Another example of the Kerry campaign credibility attacks came while President Bush was in Boston, according to the Washington Times. The President pointed out that Kerry once supported a 50-cent raise in gas taxes.

"He supported a 50-cent-a-gallon tax on gasoline. He wants you to pay the extra money at the pump, but he wouldn't even throw in a free car wash," President Bush said at his fund-raiser in Boston.

According to the Times the Kerry campaign responded as follows:

The Kerry camp immediately released a carefully worded statement that said the senator "has never sponsored or voted for a gas-tax increase of that magnitude."

"Sen. Charles Robb introduced legislation in 1993 that phased in a 50-cent increase. John Kerry did not vote for or co-sponsor this bill," according to the e-mail, titled "Misleading America Again."

But the Bush-Cheney team responded with a release titled "The Raw Deal," citing a 1994 Boston Globe article in which Mr. Kerry said a rating by a budget watchdog group "doesn't reflect my $43 billion package of cuts or my support for a 50-cent increase in the gas tax."

Another credibility attack is to claim that the President is out of touch with America. The President while in Massachusetts spoke of his support for job training. Kerry responded with the following statement:

"Never has the Bush administration increased the resources going toward programs for people who have lost jobs and need retraining to find new ones," said Kerry campaign spokeswoman Kathy Roeder.

Look for the Bush campaign to point out that the Kerry campaign statement isn’t true.

Kerry made the attack personal at the Washington, D.C. Unity Dinner when he said that the country deserves a leader who “tells the truth.”

Kerry’s credibility gap seems to be larger than the President’s. An example is when Kerry continued to deny that he was in Kansas City in 1971 during a leadership meeting of Veterans Against the War where plans were discussed to kill U.S. Senators. He previously claimed to have already quit the Veterans Against the War group before its ‘kill U.S. Senators’ Kansas City meeting, saying he had resigned during the group’s St. Louis meeting held earlier in 1971. When FBI files proved Kerry was at the ‘kill U.S. Senators’ Kansas City meeting, Kerry reversed his statement and brushed it off by saying he had merely experienced ‘how memory works.’

It seems that discussions of killing U.S. Senators would be more memorable than that…

Kerry’s charges against the President lying and misrepresenting his votes have not held up either. Kerry is in danger of losing his credibility before the campaign even gets started.

Spending the War Chests

Mr. Bush's campaign has so far spent $15 million on ads according to the University of Wisconsin media project.

Senator John Kerry's campaign has spent just less than $2 million, MoveOn.org has spent $3.6 million, and the Media Fund has spent $5.9 million on ads, for a combined total of $11.5 million.

Ken Goldstein, director of the project, based at the University of Wisconsin-Madison, said Mr. Bush's recent set of positive ads "does not begin to compensate for the barrage of critical television advertising aimed at the incumbent president during the Democratic presidential primaries," when Democrats spent $32.5 million in 17 states and mentioned President Bush negatively in half of all ads.

 

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