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October 15, 2009                                                                             202-863-8614        

WASHINGTON – The Republican National Committee (RNC) today announced a new radio ad on Vice President Biden’s and Sen. Harry Reid’s failed economic experiment.  The radio ad will run Thursday and Friday in the Reno media market.

“Last February, Senator Harry Reid was a lead proponent of the economic stimulus experiment that he and President Obama promised would create jobs and get Nevada’s economy back on track.  Unfortunately, since the day that the president signed this failed experiment into law, Nevada’s unemployment rate has grown by more than 30 percent.  The people of Nevada deserve an explanation from Senator Reid – not Vice President Biden’s rose colored projections, on when this so-called stimulus experiment will actually start putting Nevadans back to work.” – RNC Chairman Michael Steele. 

Listen to the audio of the radio ad here: http://newmedia.gop.com/Biden-ReidNVRadioAd

SCRIPT

Time: 01:00

Voice: Are you invited?  To the fundraiser for Senator Harry Reid.  For only $4800 a couple, you get breakfast with the good Senator and his friend Vice President Joe Biden.  Must be a good menu.

Voice: When the year began, Harry Reid led the charge to pass a huge new spending program he and Joe Biden said would mean jobs.

Voice: Just last month, the state announced an unemployment rate of 13.2 percent, the highest ever recorded.  Since President Obama took office, 52,000 Nevadans have lost their jobs, and unemployment is supposed to average 14 percent next year.

Voice: Seems like we’d be better off with less Washington in Nevada and more Nevada in Washington.  We just can’t afford the reckless economic policies of Harry Reid and Joe Biden.

On Air Disclaimer: The Republican National Committee is responsible for the content of this advertising.  Paid for by the Republican National Committee.  Not authorized by any candidate or candidate’s committee. www.GOP.com

AD FACTS 

Voice:  Are you invited? To the fundraiser for Senator Harry Reid.  For only $4800 a couple, you get breakfast with the good Senator and his friend Vice President Joe Biden. Must be a good menu.

Biden To Hold Fundraiser For Senate Majority Leader Harry Reid On October 16, Seeking $4,800 Per Couple. “Vice President Joe Biden is coming to Reno next week to hold an event in town as well as attend a breakfast fundraiser for Senate Majority Leader Harry Reid. Reid’s office confirms the Oct. 16 visit, first reported this morning in the Reno Gazette-Journal, which says the senator is seeking the maximum donation of $2,400 per person, $4,800 per couple for the breakfast.” (Lisa Mascaro, “Joe Biden To Attend Nevada Fundraiser For Harry Reid,” Las Vegas Sun, 10/8/09)

Voice:  When the year began, Harry Reid led the charge to pass a huge new spending program he and Joe Biden said would mean jobs.

Reid Said “Our Number One Goal Is To Pass” Stimulus Bill. “With President Barack Obama saying ‘the time for action is now,’ his fellow Democrats in the Senate on Thursday pushed toward passage of a huge economic stimulus package despite scant Republican support. ‘Our number one goal is to pass this bill,’ Reid told reporters. ‘They (the Republicans) cannot hold the president of the United States hostage.’”  (Thomas Ferraro and Susan Cornwell, “Democrats Push Vote Of Huge U.S. Stimulus Plan,” Reuters, 2/5/09)

Reid Claimed Stimulus Would “Create Jobs In Our State.” “This recovery package is going to be good for Nevada… It will create jobs in our state while improving our roads, bridges and public transportation. It also cuts taxes for working families who are struggling just to get by.  And tax incentives will create renewable energy jobs, putting Nevadans to work turning our abundant natural resources into the energy we need to power our state.” (Sen. Harry Reid, “Reid: Economic Recovery Package Will Create Nevada Jobs, Help Struggling Families And Strengthen The Economy,” Press Release, 2/17/09)

Biden Claimed Stimulus Will “Create Tens Of Thousands” Of New Jobs. “[T]he signing of the American Recovery and Reinvestment Act represents an incredibly strong first step in, at least in my view, along this long and difficult road to recovery ... we’re making an unprecedented investment in this country, in the recovery of this country ... that will be able to create tens of thousands, over time, of good, high-paying jobs ...” (Vice President Joe Biden, Remarks Of The Vice President At The First Meeting Of The Middle Class Task Force, Philadelphia, PA, 2/2/709)

Voice:  Just last month, the state announced an unemployment rate of 13.2 percent, the highest ever recorded.

In August 2009, Nevada Hit Historically High Unemployment Rate Of 13.2 Percent.  (“Current Unemployment Rates For States And Historical Highs/Lows Seasonally Adjusted,” U.S. Bureau Of Labor Statistics, Accessed 10/13/09)

Voice:  Since President Obama took office, 52,000 Nevadans have lost their jobs.

Since Obama Took Office, 52,652 Jobs Have Been Lost In Nevada. (Bureau of Labor Statistics Website, www.bls.gov, Accessed 10/14/09)

Voice:  [A]nd unemployment is supposed to average 14 percent next year.

Economist Says Nevada Unemployment To Average 14.4 Percent In 2010. ”State Economist Bill Anderson predicted that Nevada’s unemployment will climb to a peak of 14.75 percent in the spring of 2010 and average 14.4 percent during the entire year. He said it will average 12.8 percent in 2011.”  (Ed Vogel, “Economists: Nevada Jobless Rate To Average 14.4 Percent In 2010,” Las Vegas Review-Journal, 10/6/09)

Voice:  Seems like we’d be better off with less Washington in Nevada and more Nevada in Washington.  We just can’t afford the reckless economic policies of Harry Reid and Joe Biden.

Reid Voted For Obama-Biden Budget That Creates $9.1 Trillion Deficit Over Next Decade, Nearly Amount Of Debt America Has Accrued In Its Entire History Up To July 2008 ($9.5 Trillion). (S. Con. Res. 13, Record Vote Number 173, Passed 53-43: 4/29/09; “An Analysis Of The President’s Budgetary Proposals For Fiscal Year 2010,” Congressional Budget Office, June 2009; Public Debt, www.treasurydirect.gov, Accessed 7/20/09)

Reid Wants To Push Obama-Biden National Energy Tax “As Quickly As We Can.” “The legislation introduced by Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) calls for a 20 percent emissions cut by 2020, tougher than the 17 percent cut the House bill that narrowly passed in late June called for, and a greater than 80 percent cut by 2050 … [Majority Leader Harry Reid (D-Nev.)] said … ‘I’m very impressed with the fact that we need to do a climate bill just as quickly as we can.’” (Michael O’Brien, “Senate Climate Bill Aims For M ore Aggressive Targets Than House,” The Hill’s “Blog Briefing Room“ Blog, 9/29/09)

• That Could Mean Nearly 1 Million Jobs Lost Per Year. “Overall, a cap-and-trade system that reduces annual GDP by 0.34 percent per year can be expected to reduce U.S. employment by roughly 964,900 jobs per year, reduce household earnings by $37.8 billion, and reduce total U.S. economic output by $136.1 billion.” (Andrew Chamberlain, “Who Pays For Climate Policy? New Estimates Of The Household Burden And Economic Impact Of A U.S. Cap-And-Trade System,” Tax Foundation, 3/09)

Senate Dems Reid Leads Forge Ahead With “Employee Free Choice Act.” “A key Senate negotiator trying to advance a contentious union-organizing bill said a modified version could pass the upper chamber this year ... Sen. Sherrod Brown (D-Ohio) is one of a half-dozen senators trying to craft a compromise on the Employee Free Choice Act (EFCA), which if passed would make union organizing much easier ... Brown expressed confidence that Congress will at some point move the union bill -- if not this year, then next -- saying senators have made progress on negotiating a new version of the bill.” (Kevin Bogardus, “Key Dems Confident Card-Check Will Pass,” The Hill, 10/1/09)

• Which Will Increase Unemployment Rate By 1% For Every 3% Gained In Union Membership. “The precise effect on unemployment will depend on the degree to which EFCA increases union density, but for every 3 percentage points gained in union membership through card checks and mandatory arbitration, the following year’s unemployment rate is predicted to increase by 1 percentage point and job creation is predicted to fall by around 1.5 million jobs.” (Anne Layne-Farrar, “An Empirical Assessment of the Employee Free Choice Act: The Economic Implications,” SSRN.com, 3/4/09)

Obama-Biden Aides, Reid Writing Final Government-Run Health Care Bill Behind Closed Doors. “It’s the invite that every senator with an opinion on health care wants to get: a reserved seat at the conference table where Senate Majority Leader Harry Reid (D-Nev.) will merge two competing reform bills. But most of them won’t get in. Reid’s guest list will be an exclusive one. Reid has decided to keep the group intimate, limiting entree to Finance Committee Chairman Max Baucus (D-Mont.); Sen. Chris Dodd (D-Conn.), who ushered the bill through the Senate health committee ... The merger, which will unfold across Reid’s suite of offices, should take a week, sources said. White House chief of staff Rahm Emanuel, White House Director of Health Reform Nancy-Ann DeParle and perhaps budget director Peter Orszag will represent the president, sources said.” (Carrie Budoff Brown, “Members Jockey For Seat At Reid’s Table,” Politico, 10/7/09)

• Which Will Include Reid’s Job-Killing Taxes On Small Business. OBAMA-REID JOB TAX: “The research and data on the devastating impact of an employer mandate is clear - it is a job killer ... hardly what this country needs in these challenging economic times ...” (National Federation of Independent Business, “Health Reform Must Help, Not Harm Small Businesses,” Press Release, 6/10/09)

On Air Disclaimer: The Republican National Committee is responsible for the content of this advertising.  Paid for by the Republican National Committee.  Not authorized by any candidate or candidate’s committee.  www.GOP.com.