For Immediate Release - Monday July 28th, 2008

Contact: Tara Trujillo, 303.820.2008(o)

NEW UDALL CAMPAIGN AD SETS RECORD STRAIGHT ON SCHAFFER FRONT GROUP SMEARS

Gives Coloradans the Facts on Udall Record of Middle-Class Tax Cuts, Schaffer Hand-Outs to Special Interests

Senate candidate Mark Udall's campaign today released a new television ad, setting the record straight on the latest attempt by Schaffer campaign front groups and special interests to smear Udall's record.

The new ad, called "Facts," highlights Udall's long record of support for tax cuts for middle-class families and small businesses, including voting to reduce taxes 65 times in Congress. The ad also contrasts Udall's record of standing up for Colorado families with Bob Schaffer's record of supporting billions of dollars in tax handouts to big oil companies and the super-wealthy.

"We're all Coloradans," says Udall in the ad. "We deserve better than when Washington sells out to special interests."

"We will not stand by while Bob Schaffer and the shady groups funded by special interests that are backing him distort Mark Udall's record of fighting for tax relief for Colorado's middle-class families and small businesses," said Udall campaign spokeswoman Tara Trujillo. "The facts are that Mark Udall has voted to cut taxes for Coloradans 65 times, while Bob Schaffer spent his time in Congress voting to give tax breaks to the big oil companies, HMOs and other special interests that are bankrolling his campaign. Coloradans deserve better than these false attacks, and they deserve better than Bob Schaffer's record of standing up for special interests instead of the interests of our families."

"Facts" is a direct response to a smear ad launched Thursday by Coloradans for Economic Growth (CEG), a shady front-group that has already spent hundreds of thousands of dollars trying to prop up Bob Schaffer's campaign. CEG was last seen bankrolling an ad that used butterflies, 1970s-style swirls of color, and cartoons in an attempt to mislead Coloradans about Bob Schaffer's record of opposing renewable energy investment and carrying the oil industry's agenda in Congress.

"Facts" began airing on television this morning and can be viewed at http://www.markudall.com/FACTS.  A script and back-up information is included below.

"FACTS" - :30 TV

SCRIPT:

[VO] They're at it again. Powerful interests with false attacks on Mark Udall.

The facts: Mark Udall's voted to reduce taxes on middle-class families and Colorado's small businesses sixty-five times. It's true. While Bob Schaffer and his special interest allies keep giving away billions in tax breaks to billionaires and big oil companies.

[UDALL] We're all Coloradans. We deserve better than when Washington sells out to special interests. I'm Mark Udall, and I approved this message.

BACK-UP:

Mark Udall Has Voted to Reduce Taxes at Least 65 Times, Targeting Tax Cuts to the Small Businesses and Middle-Class Families Who Need Them Most.  [RCV#76, 3/25/1999], [RCV#537, 10/26/1999], [RCV#611, 11/18/1999], [RCV# 331, 7/22/1999], [RCV#430, 7/25/2000], [RCV# 126, 4/13/2000], [RCV#74, 3/23/2000], [RCV# 489, 9/26/2000],  [RCV#15, 2/10/2000], [RCV#40, 3/9/2000][RCV# 392, 7/12/2000], [RCV# 449, 7/27/2000], [RCV#254, 6/9/2000], [RCV# 42, 3/8/2001], [RCV#146, 5/23/2001], [RCV# 75, 3/29/2001], [RCV#112, 5/15/2001], [RCV#111, 5/15/2001], [RCV# 117, 5/16/2001]  [RCV#124, 5/17/2001], [RCV# 69, 3/28/2001], [RCV#402, 10/24/2001], [RCV#340, 9/13/2001], [RCV#351, 7/25/2002], [RCV#451, 10/9/2002], [RCV#229, 6/13/2002], [RCV#177, 5/21/2002], [RCV#430, 10/2/2002], [RCV#217, 6/6/2002], [RCV#286, 7/9/2002], [RCV#287, 6/18/2003], [RCV#1528, 6/19/2003],  [RCV#390, 7/17/2003], [RCV#209, 5/20/2004],  [RCV# 509, 10/7/2004], [RCV#405, 7/21/2004], [RCV#170, 5/13/2004],  [RCV#468, 9/23/2004], [RCV#144, 5/5/2004] [RCV#91, 3/25/2004], [RCV#128, 4/28/2004], [RCV# 138, 4/28/2004],[RCV#134, 12/8/2005] [RCV#619, 12/8/2005], [RCV# 613,12/7/2005], [RCV#118, 4/20/2005]  [RCV# 101, 4/13/2005], [RCV# #314, 6/22/2006], [RCV#74, 3/29/2006], [RCV#424, 4/24/2007], [RCV#948, 10/24/2007], [RCV# 1025, 10/31/2007],  [RCV#1081, 11/9/2007] [RCV#1183, 12/19/2007], [RCV#1153, 12/12/2007] [RCV#102, 2/16/2007] [RCV# 40, 1/18/2007] [RCV#1140, 12/6/2007] [RCV#1014, 10/30/2007], [RCV#835, 12/6/2007],[RCV#25, 1/29/2008], [RCV# 84, 2008],  [RCV# 190, 4/15/2008], [RCV#187, 4/15/2008], [RCV#344, 5/21/2008], [RCV# 338, 5/21/2008], [RCV#455, 6/25/2008], [RCV#451, 6/25/2008].

Mark Udall is a Cosponsor of Legislation to Expand Opportunity for Middle Class Families.  Mark Udall is a cosponsor of the Middle Class Opportunity Act, which would: (1) increase the child tax credit for the first year of eligibility; (2) allow the use of the dependent care tax credit to care for family members not residing with the taxpayer; and (3) increase the maximum qualifying income for an exemption from the Alternative Minimum Tax. [H.R. 2902]

Schaffer Supported the 2001 Bush Energy Plan Which Included Nearly $13 Billion in Tax Breaks for the Oil and Gas Industry: [HR 4, Roll Call #320, 8/2/01]

Schaffer Supported the 2004 Bush Energy Plan, Which Even John McCain Called "No Lobbyist Left Behind": "I support all aspects of the president's [energy] plan.  I think the president is on the right track." [Bob Schaffer, NFIB Debate, 7/1/04]

The 2004 Energy Bill Included Nearly $12 Billion in Tax Breaks for the Oil and Gas Industry. "Senators, notably Sen. John McCain (R-AZ) refused to swallow it. He called it the ‘No-Lobbyist-Left-Behind' bill." [HR 4503, 6/15/2004; HR 6, 11/18/2003; http://sierraclub.typepad.com/cleanenergywatch/2007/12/analysis-energy.html]

Schaffer Supported Giving $25 Billion in Tax Rebates to Big Corporations like Enron and Chevron:  Schaffer voted for the GOP stimulus package, which included $25 billion in payments to big business but did not include significant provisions for displaced workers. The bill gave 83 percent of its benefits in FY 2002 to corporations and the wealthy. [HR 3090, Vote #404, 10/24/2001]

Schaffer Supported the Bush Tax Cuts That Gave More Than Half the Benefits to the Wealthiest 1%. According to the Citizens for Tax Justice, when the Bush tax cuts are fully in place, more than half of the benefit of the cuts (52 percent of the total tax cuts) will go to the richest one percent. [HR 3, Vote #45, 3/8/2001; HR  1836, Vote #149, 5/26/01; Vote #103, 4/18/2002; Citizens for Tax Justice, 2002, http://www.ctj.org/html/gwb0602.htm]

Schaffer's Website Notes That He Will Work to Extend the Bush Tax Cuts for the Wealthy. [http://www.bobschafferforsenate.com/index.php?c=issues.open&id=18&p]

Schaffer Opposed Transparency for Corporate Welfare Handouts. Schaffer voted against requiring  the OMB to analyze the value of benefits which corporations reap from government handouts.  Each year corporations receive welfare in the form of tax breaks, subsidized loans and grants, and use of federal facilities, assets, and land. The libertarian Cato Institute has estimated the cost of these subsidies at $75 billion per year. Time magazine puts it at $125 billion. [HR 1074, Vote #355, 7/26/99]

Schaffer Supported Keeping a Tax Loophole that Allows Corporations to Locate Their Headquarters Offshore in Order to Avoid Paying Federal Taxes. [HR 4931, Vote #247)

Schaffer Voted to Subsidize Corporations That Lay Off American Workers. [HR 2871, Vote #120, 5/1/02]

Schaffer Voted to Give Homeland Security Contracts to Offshore Tax Dodgers: Schaffer opposed an effort to bar companies that avoid paying U.S. taxes by moving their headquarters overseas from being awarded contracts with the new Homeland Security Department. [HR 5005, Vote #366, 7/26/02]

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