obama for america releases new television advertisement: “the choice”

7/31/2019 Obama for America Releases New Television Advertisement: The Choice

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Obama for America Releases New Television Advertisement: The Choice

[email protected] on behalf of Obama for America Press

[[email protected]]Sent:Monday, July 23, 2012 4:10 PM

To: Obama for America Press [[email protected]]

For Immediate Release: Monday, July 23, 2012

Contact: Obama for America Press (312) 985-1198

Obama for America Releases New Television Advertisement: The Choice

CHICAGO -- Obama for America released a new television advertisement today titled The Choice. The

American people will decide over the next four month between two fundamentally different plans for our

country, and OFAs new ad features President Obama laying out the choice of how to grow the economy, create

middle-class jobs and pay down the debt. The Presidents plan ensures everyone pays their fair share and still

invests in the things we need to create jobs and grow our economy over the long term, like education, energy, and

infrastructure.The Choice will air in Colorado, Florida, Iowa, North Carolina, New Hampshire, Nevada, Ohio, Pennsylvania,

and Virginia.

Please clickHERE to watch the new ad.

VISUAL AUDIO BACKUP

President Obama speaking

directly to camera.

POTUS SYNC: Over the

next four months, you have a

choice to make. Not just

between two political parties,

or even two people. Its a

choice between two very

different plans for our

country. Governor Romneys

plan would cut taxes for the

folks at the very top. Roll

back regulations on big banks.

And he says that if we do, our

economy will grow and

everyone will benefit. But you

know what? We tried that top

down approach. Its whatcaused the mess in the first

place. I believe the only way

to create an economy built to

last

ROMNEYS PLAN WOULD CUT TAXES FOR

THE WEALTHIEST AMERICANS

Under Romneys Plan, The Top 1% Of

Households Would Benefit From 39.1% Of

The Tax Cuts. [Tax Policy Center, Mitt

Romneys Tax Plan By Cash Income Percentile

(Baseline: Current Policy), Summary Table,

3/1/12]

Under Romneys Plan, Millionaires As A

Group Would Receive A Larger Portion Of

Romneys Tax Cuts Than Those Making Less

Than $100,000. Under Romneys plan, those

making more than $1,000,000 a year would

receive 31.4% of the tax cuts. Those makinganything less than $100,000 a year would only

receive 14.2% of his tax cuts. [Tax Policy Center,

Mitt Romneys Tax Plan By Cash Income Level

(Baseline: Current Policy), Summary Table,

3/1/12]

Under Romneys Plan, A Typical Millionaire

Obama for America Releases New Television Advertisement: ... https://nycowa2.timeinc.com/owa/?ae=Item&t=IPM.Note&

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Through The Worst Financial Crisis In A

Generation Theres Nothing In His

Campaign Platform That Couldnt Have Been

In Bushs Platform. In Fact, Most Of It Was.

Reading Romneys policies, you would never

know that the nation is still facing high

unemployment rates or that it just came through

the worst financial crisis in a generation. You

certainly wouldnt think wed just emerged from

a decade in which large tax cuts and financial

deregulation led to major economic distress. This

is not necessarily the fault of Romneys advisers,

who have rethought elements of the Republican

Party platform and have taken risks. Mankiw, for

instance, has eloquently argued for a tax on

carbon emissions and for a looser monetary

policy. Hubbard has pushed efforts to encourage

mass refinancing. Vin Weber, another Romney

adviser, was an advocate of the Bowles-Simpsondeficit-reduction plan. But Romney hasnt gone

for any of these policies. Theres nothing in his

campaign platform that couldnt have been in

Bushs platform. In fact, most of it was. [Ezra

Klein, Washington Post, 4/30/12]

Washington Posts Ezra Klein Column

Headline:Romney Campaign Seems To

Have Forgotten About Bushs Economic

Crises [Ezra Klein, Washington Post,

4/30/12]

ROMNEYS PLANS WOULD MAKE THE

ECONOMY WORSE, ACCORDING TO

INDEPENDENT ECONOMISTS

Washington Post Headline: Economists:

Romneys Ideas Wouldnt Fix Short-Term

Crisis, And Could Make Things Worse.

[Greg Sargent, Washington Post, 6/7/12]

Washington Posts Greg Sargent: Two

Economists Both Agreed That Romneys

Ideas Would Do Little Or Nothing To Fix The

Immediate Crisis, And Could In The Short

Term Make Things Worse. Mitt Romney

frequently faults President Obama for not having

any kind of plan to pull us out of our employment


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slump. But would Mitt Romneys ideas help fix

the economic crisis? I asked two economists to

take a look at that question. Their conclusion:

While both said they support some of Romneys

long term goals, they both agreed that Romneys

ideas would do little or nothing to fix the

immediate crisis, and could in the short term

make things worse. [Greg Sargent, Washington

Post, 6/7/12]

Senior Adviser At Moodys Analytics:

Romneys Economic Policies Would Do

More Harm In The Short Term And

Push Us Deeper Into Recession And

Make The Recovery Slower. The most

direct answer Romney has given to the

question of what he would do to fix the near

term crisis as opposed to his long-termplan came during an interview on CNBC

in the wake of the bad May jobs numbers.

Romney offered six suggestions. He said he

would tap our energy resources to put a lot

of people to work in the energy sector. He

said hed repeal Obamacare, which is scaring

small businesses from hiring. He said hed

balance the budget so people know investing

in America is going to yield a return in

dollars worth something. He vowed to open

up new markets in American trade. He saidhed revamp the National Labor Relations

Board and lower tax rates on employers, both

of which would make it easier to hire people.

On net, all of these policies would do

more harm in the short term, added Mark

Hopkins, a senior adviser at Moodys

Analytics. If we implemented all of his

policies, it would push us deeper into

recession and make the recovery slower.

[Greg Sargent, Washington Post, 6/7/12]

o Senior Adviser At Moodys Analytics, On

Romneys Plan To Balance The Budget:

By Tightening Your Belt You Send The

Economy Back Into Recession. The

most direct answer Romney has given to


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the question of what he would do to fix the

near term crisis as opposed to his

long-term plan came during an

interview on CNBC in the wake of the bad

May jobs numbers. Romney offered six

suggestions. He said he would tap our

energy resources to put a lot of people towork in the energy sector. I asked each

economist to walk through the specifics:

* Balancing the budget: [Moodys

Analytics senior adviser, Mark] Hopkins:

If there is a crisis of confidence in your

country, then what you need to do is show

youre responsible. But by tightening your

belt you send the economy back into

recession. You wont see an increase in

confidence. Youll see the oppose. [Greg

Sargent, Washington Post, 6/7/12]

Chairman Of Macroeconomic Advisers,

On Romneys Plan To Balance The

Budget: In The Short Run, Fiscal

Austerity Slows Growth. The most

direct answer Romney has given to the

question of what he would do to fix the near

term crisis as opposed to his long-term

plan came during an interview on CNBC

in the wake of the bad May jobs numbers.

Romney offered six suggestions. He said he

would tap our energy resources to put a lot

of people to work in the energy sector. I

asked each economist to walk through the

specifics: * Balancing the budget:

[chairman of Macroeconomic Advisers, Joel]

Prakken: In the short run, fiscal austerity

slows growth. Im all in favor of a grand

bargain that stabilizes the debt to GDP ratio

over ten years. But right now is not a good

time to apply sharp fiscal austerity. It doesnt

seem to me that anyone thinks theres going

to be a sovereign debt crisis in the next 10

years. Investors do not see Treasury debt as a

dangerous asset. [Greg Sargent,

Washington Post, 6/7/12]


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chairman of President Bill Clinton's Council

of Economic Advisers from 1995 to 1997.

[Bloomberg, 6/5/12]


to voters

Super:

The Presidents Plan

Strengthen the middle

class

POTUS VO: is to

strengthen the middle class.

Asking the wealthy to pay a

little more

PRESIDENT OBAMAS PLAN ENDS THE

BUSH TAX CUTS FOR FAMILIES MAKING

MORE THAN $250,000 A YEAR AND

CLOSES CORPORATE LOOPHOLES

President Obama Proposed Eliminating

Special Tax Breaks And Loopholes For Oil

And Gas Companies And The Very Wealthy,

As Well As Ending The Bush Tax Cuts For

Families Making More Than $250,000 A Year.

In the Budget, I reiterate my opposition to

permanently extending the Bush tax cuts for

families making more than $250,000 a year and

my opposition to a more generous estate tax than

we had in 2009 benefiting only the very largest

estates. These policies were unfair and

unaffordable when they were passed, and they

remain so today. I will push for their expiration

in the coming year. I also propose to eliminate

special tax breaks for oil and gas companies;

preferred treatment for the purchase of corporate

jets; tax rules that give a larger percentage

deduction to the wealthiest two percent than to

middle-class families for itemized deductions;

and a loophole that allows some of the wealthiest

money managers in the country to pay only 15

percent tax on the millions of dollars they earn.

And I support tax reform that observes the

Buffett Rule that no household making more

than $1 million annually should pay a smaller

share of its income taxes than middle-class

families pay. [FY2013 Budget Message Of The

President, February 2012]

President Obama Proposed $1.5 Trillion In

Tax Revenue From The Very Wealthy And

From Closing Some Corporate Tax Breaks, As

Well As Reductions In Spending For A Range


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Of Programs. In his budget Mr. Obama again

will commit to $4 trillion in deficit reduction

over 10 years, including $1.5 trillion in tax

revenue from the wealthy and from closing some

corporate tax breaks, and reductions in spending

for a range of programs, including the

military, Medicare, farm subsidies and federal

pensions. [New York Times, 2/12/12]

President Obama working

Super:

The Presidents Plan:

Pay down our debt

so we can pay down our

debt in a balanced way.

PRESIDENT OBAMA PUT FORTH A

BALANCED PLAN TO REDUCE THE

DEFICIT AND PAY DOWN THE DEBT

The Presidents Budget, Which Incorporates

Deficit Reduction Enacted In 2011, Would Cut

The Deficit By More Than $4 Trillion Over

The Next Decade. That is why in this Budget,

the President again has put forward a plan that

will, together with the deficit reduction enacted

last year, cut the deficit by more than $4 trillion

over the next decade. This would put our Nation

on the right course toward a level of deficits of

below 3 percent of GDP by the end of the

decade. [FY2013 Budget, White House Office

Of Management And Budget, February 2012]

Center On Budget And Policy Priorities:

President Obamas Budget Would Stabilize

The Debt Over The Coming Decade Through

A Balanced Combination Of Spending Cuts

And Revenue Increases. If Congress enactedthe Obama budget in full and its economic

assumptions proved correct, the debt would

stabilize over the coming decade although, as the

White House acknowledges, policymakers would

have to subsequently enact significant further

deficit reduction to keep the debt stable in future

decades. The budget either achieves or

approaches this key fiscal target for the coming

decade with several trillion dollars in deficit

reduction, through a balanced combination of

spending cuts and revenue increases. [Center

On Budget And Policy Priorities, 2/16/12]

President Obama talking

with students

Super:


Invest in Education

So that we can afford to invest

in education The Administration Is Proposing A

Competitive Grant Program To Support

States And Districts That Commit To

Pursuing Reforms At Every Stage Of The

Teaching Profession. To implement the


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principles of The RESPECT Project, the

Administration is proposing a new $5 billion

grant program to support states and districts that

commit to pursuing bold reforms at every stage

of the teaching profession. Under this program,

funds would be awarded competitively to states

with participating districts, and, innon-participating states, to consortia of districts

to prioritize theelements in strengthening and

transforming the profession. [Education

Blueprint: An Economy Built to Last, White

House, Accessed 04/15/12]

The Proposal Considers A Broad

Range Of Reforms Including Make

Teacher Salaries More Competitive

And Building Evaluation Systems

Based On Multiple Measures, Not

Just Test Scores. The Obama

Administration's 2013 proposed

budget includes a new $5 billion

competitive program to challenge

states and districts to work with

teachers, unions, colleges of

education and other stakeholders to

comprehensively reform the field of

teaching.Details of the program

will be developed through budget

negotiations with Congress and thecompetition process itself, but the

proposal considers a broad range of

reforms: Reforming teacher colleges

and making them more selective.

Creating new career ladders for

teachers. Linking earnings more

closely to performance rather than

simply longevity or credentials.

Compensating teacher for working in

challenging learning environments.

Making teacher salaries morecompetitive with other professions.

Improving professional development

and providing time for collaboration.

Providing teachers with greater

autonomy in exchange for greater

accountability. Building evaluation


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systems based on multiple measures,

not just test scores. Reforming tenure

to raise the bar, protect good teachers,

and promote accountability.

[Department of Education, 02/15/12]

President Obama Has Proposed That

Congress Provide Funds to Double The

Number Of Work-Study Opportunities Over

The Next Five Years. The President proposes

that Congress provide funds to double the

number of work-study opportunities over the next

five years, so that more students are able to gain

valuable work-related experience while in

school. [Education Blueprint: An Economy

Built to Last, White House, Accessed 04/15/12]

President Obama Has Proposed Federal

Campus-Based Aid Reform That Rewards

Colleges That Set Responsible Tuition Policy,

Provide Good Value To Students And

Families, Serve Low-Income Students. The

Presidents proposed reform of federal

campus-based aid aims to reward those colleges

that keep tuition from spiraling too high and that

provide greater value for students Through

modifications to this federal aid program, the

Obama Administration would improve the

distribution of campus-based financial aid and

expand the availability of federal aid available to

students by rewarding colleges and universitiesthat succeed in: Setting responsible tuition policy,

offering relatively lower net tuition prices and/or

restraining tuition growth; providing good value

to students and families, offering quality

education and training that prepares graduates to

obtain employment and repay their loans; serving

low-income students, enrolling and graduating

relatively higher numbers of Pell eligible

students [Education Blueprint: An Economy

Built to Last, White House, Accessed 04/15/12]

President Obama huggingan auto worker

Super:


Invest in Manufacturing

manufacturing PRESIDENT OBAMAS PLAN INVESTS INAMERICAN MANUFACTURING

President Obama Has Called On Congress To

Provide Additional Tax Credits For Advanced

Energy Manufacturing. From a White House

fact sheet: The Advanced Energy

Manufacturing Tax Credit provides a 30 percent


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investment credit to manufacturers who invest in

capital equipment to make components for clean

energy projects in the U.S., working in tandem

with the Production Tax Credit to create jobs and

help reduce our dependence on foreign oil and

secure a clean energy future for the United

States. [White House Fact Sheet, 5/22/12]

The Presidents FY2013 Budget Included

Incentives For Expanding Manufacturing And

Insourcing Jobs In America. A summary table

of tax incentives in the Presidents FY2013

budget reads, Incentives for expanding

manufacturing and insourcing jobs in America:

Provide tax incentives for locating jobs and

business activity in the United States and remove

tax deductions for shipping jobs overseas.

Provide new Manufacturing Communities tax

credit. Target the domestic production activitiesdeduction to domestic manufacturing activities

and double the deduction for advanced

manufacturing activities. Enhance and make

permanent the research and experimentation tax

credit. Provide a tax credit for the production of

advanced technology vehicles. Provide a tax

credit for medium- and heavy-duty

alternative-fuel commercial vehicles. [FY2013

Budget Of The United States Government, White

House Office Of Management And Budget,

February 2012]

President Obama with

solar panels

Super:


Invest in American

Energy

and home-grown American

energy.

PRESIDENT OBAMA IS CALLING ON

CONGRESS TO SUPPORT AMERICAN JOBS

BY PASSING TAX CREDITS TO

ENCOURAGE CLEAN ENERGY

MANUFACTURING AND PRODUCTION

President Obama Is Calling On Congress To

Extend The Production Tax Credit That Spurs

Clean Energy Production By Providing A Tax

Credit For The Production Of Clean Energy

Like Wind. From a White House fact sheet:

The Production Tax Credit, which expires at theend of 2012, provides a 2.2 cent per kilowatt

hour credit for utility scale wind producers.

Congress should act to extend the credit. By

extending the PTC benefits for American clean

energy producers we can avoid layoffs across the

country: The wind industry projects that nearly

30,000 jobs will be lost next year if the PTC


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expires, including direct jobs as well as those in

its supply chain. [White House Fact Sheet,

5/22/12]

Congressional Research Service: The

Production Tax Credit Extended By

The Recovery Act Is A Critical Factor

In Financing New Wind Farms.

Congress provided a three-year

extension of the PTC through December

31, 2012, as part of the American

Recovery and Reinvestment Act. The

PTC provides an inflation-adjusted per

kilowatthour (kWh) income tax benefit

over the first ten years of a wind projects

operations, which in 2010 was 2.2 cents

per kWh, and is a critical factor in

financing new wind farms.

[Congressional Research Service,9/23/11]

The American Wind Energy AssociationProjects That Extending The

Production Tax Credit Will Allow The

Wind Industry To Grow To 100,000

Jobs. According to a press release from

the American Wind Energy Association:

A recent study by Navigant Consulting

found that extending the Production Tax

Credit for wind energy will allow the

industry to grow to 100,000 jobs in justfour years, while an expiration would kill

37,000 jobs within a year. [American

Wind Energy Association, 4/25/12]

President Obama Has Called On Congress

Provide Additional Tax Credits For Advanced

Energy Manufacturing. From a White House

fact sheet: The Advanced Energy Manufacturing

Tax Credit provides a 30 percent investment

credit to manufacturers who invest in capital

equipment to make components for clean energy

projects in the U.S., working in tandem with the

Production Tax Credit to create jobs and help

reduce our dependence on foreign oil and secure

a clean energy future for the United States.

[White House Fact Sheet, 5/22/12]

The Recovery Act Provided Clean


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Energy Manufacturing Tax Credits For

183 Facilities In 43 States. According to

a White House fact sheet: In order to

foster investment and job creation in

clean energy manufacturing, the

American Recovery and Reinvestment

Act included a tax credit for investments

in manufacturing facilities for clean

energy technologies. The Section 48C

program will provide a 30 percent tax

credit for investments in 183

manufacturing facilities for clean energy

products across 43 states. [White House

Fact Sheet, 1/8/10]

The Recovery Act Funding Was

Oversubscribed By A Ratio Of More

Than 3 To 1. According to a White

House fact sheet: The program iscurrently capped at $2.3 billion in tax

credits and was oversubscribed by a ratio

of more than 3 to 1, reflecting a deep

pipeline of high quality clean energy

manufacturing opportunities in the U.S.

These tax credits for clean energy

manufacturing will help rebuild domestic

manufacturing and bring private capital

off the sidelines. [White House Fact

Sheet, 1/8/10]

UNDER PRESIDENT OBAMA, DOMESTICOIL PRODUCTION IS AT A 14-YEAR HIGH,

DOMESTIC NATURAL GAS PRODUCTION

IS AT ALL-TIME HIGH, AND DEPENDENCE

ON FOREIGN OIL IS AT A 16-YEAR LOW

In His State Of The Union Address, President

Obama Emphasized The Need For An

All-Out, All-Of-The-Above Strategy That

Develops Every Available Source Of American

Energy. This country needs an all-out, all-of-

the-above strategy that develops every available

source of American energy a strategy thats

cleaner, cheaper, and full of new jobs. [Remarks

by the President in State of the Union Address,

1/24/12]

In The First Quarter Of 2012, DomesticCrude Oil Production Is At Its Highest


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Level In 14 Years. Strong growth in

U.S. crude oil production since the fourth

quarter of 2011 is due mainly to higher

output from North Dakota, Texas, and

federal leases in the Gulf of Mexico, with

total U.S. production during the first

quarter of 2012 topping 6 million barrels

per day (bbl/d) for the first time in 14

years. [Energy Information

Administration, 6/8/12]

Domestic Production Of Natural Gas Is

At An All-Time High. According to

Energy Information Administration data,

the United States marketed production of

natural gas was 24,169,613 million cubic

in 2011, breaking the previous record of

22,647,549 million cubic feet in 1973.

[Energy Information Administration, datareleased 6/29/12]

Electricity Production From Wind,Solar, And Geothermal Is Projected To

Double By 2012. According to the

Energy Information Administrations

Annual Energy Outlook 2012 reference

case, electricity generation from wind,

solar, and geothermal in 2012 is projected

to be 158.24 billion kilowatt-hours.

According to the Energy Information

Administrations Annual Energy Outlook2011, electricity generation from wind,

solar, and geothermal was 72.55 billion

kilowatt-hours in 2008. [Calculated from

Energy Information Administration data,

Annual Energy Outlook 2012; Annual

Energy Outlook 2011]

In 2011, The United States Relied Less On

Foreign Oil Than In It Has In Any Of The

Past 16 Years. In 2011, the share of U.S.

consumption met by net imports was 44.8

percent, the lowest its been since 1995. [Energy

Information Administration, Monthly Energy

Review, June 2012]

PRESIDENT OBAMAS ALL-OF-

THE-ABOVE ENERGY STRATEGY

INCLUDES INVESTING IN AND


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DEVELOPING CLEAN COAL

TECHNOLOGIES

President Obama Stated That If We Truly

Want To Gain Control Of Our Energy

Future We Have To Support Technology To

Help Coal Burn Cleaner Than Before. My

plan for energy doesnt ignore the vast resources

we already have in this country. Were producing

more oil than we have in over a decade. But if

we truly want to gain control of our energy

future, weve got to recognize that pumping more

oil isnt enough. We have to encourage the

unprecedented boom in American natural gas.

We have to provide safe nuclear energy and the

technology to help coal burn cleaner than before.

We have to become the global leader in

renewable energy -- wind and solar, and the next

generation of biofuels, in electric cars andenergy-efficient buildings. [Remarks by the

President on the Economy -- Cleveland, OH,

6/14/12]

EMPLOYMENT IN THE COAL MINING

INDUSTRY REACHED A 15-YEAR HIGH IN

2011

In 2011, Employment In The Coal Mining

Industry Is Hit Its Highest Level Since 1996.

According to data from the Mine Safety andHealth Administration, the average number of

employees in the coal mining industry was

94,729, the highest average employment since

1996 when there were 96,324 people employed

in the coal mining industry. [Mine Safety and

Health Administration, Mine Injury and

Worktime Quarterly Statistics Coal Data

1993-2010, accessed 4/15/12; Mine Safety and

Health Administration, Mine Injury and

Worktime, Quarterly, January December 2011,

Final]

Employment In The Coal Mining

Industry In Appalachia Hit Its Highest

Level Since 1997. In Appalachia, the

59,059 jobs reported were the most since

1997, according to the MSHA data. In

West Virginia, coal employment reached


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its highest level since 1992, with 23,353

jobs, the data shows. [The Charleston

Gazette, 11/18/11]

Employment In The Coal Mining

Industry Has Increased Nearly 3

Percent Since President Obama Took

Office. According to data from the Mine

Safety and Health Administration, there

were 92,568 people employed in the coal

mining industry in the first quarter of

2012. In 2008, there were 90,055 people

employed in the coal mining industry.

[Mine Safety and Health Administration,

Mine Injury and Worktime, Quarterly,

January December 2008, Final; Mine

Safety and Health Administration, Mine

Injury and Worktime, Quarterly, January

March 2012, Preliminary]


directly to camera.

POTUS SYNC: for good

middle class jobs. Sometimes

politics can seem very small.

But the choice you face, it

couldnt be bigger.

Black card

Super:

Forward

President Obama

Super:

Read the Presidents

Plan:

BarackObama.com/plans

Disclaimer: Approved by

Barack Obama. Paid for

By Obama For America.

POTUS VO: Im Barack

Obama and I approve this

message.

###


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obama for america releases new television advertisement: “the choice”

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