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Economy

Four GOP Senate Candidates Who Lost The Argument On Taxes

Swing states across the American electoral map repudiated Republican candidates for the United States Senate Tuesday, sending many to defeat and allowing Democrats to strengthen their hold on the nation’s upper legislative chamber. One of the major arguments across key races was over the future of America’s tax code and whether the wealthy needed to pay their fair share or, in some instances, if they should instead receive another tax cut.

Here are four GOP Senate candidates who lost the argument over taxes last night:

1. Sen. Scott Brown — Massachusetts: Massachusetts’ junior senator lost his race to Harvard professor Elizabeth Warren (D) after being repeatedly hit for his opposition to raising taxes on millionaires and for his opposition to a payroll tax cut extension that would have largely benefited the middle class. Taxes were the “sharpest difference” between the two, according to the Boston Globe, and Warren ran ads against Brown’s filibuster of the payroll tax cut extension and in debates tied him to Grover Norquist, the anti-tax activist who authored a radical no-taxes pledge. While Brown opposed raising taxes on the wealthy, that policy was a “central plank” of the victorious Warren’s campaign.

2. Linda McMahon — Connecticut: McMahon, a former professional wrestling executive, released a tax plan that was virtually identical to presidential nominee Mitt Romney’s. And like Romney, McMahon pitched her plan as a tax cut for the middle class even as it provided massive tax breaks to the wealthy and corporations. McMahon often misrepresented the details of that plan, particularly when her opponent, Rep. Chris Murphy (D), challenged her in debates.

3. Tommy Thompson — Wisconsin: Thomspon also faced criticism from his opponent, Rep. Tammy Baldwin (D), for his support of Norquist’s tax pledge, which he seemed to misunderstand in one debate when he stated that it did not prohibit increasing taxes on the wealthy. While Baldwin was a sponsor of the Buffett Rule, President Obama’s plan to institute a minimum tax on millionaires, Thompson supported new tax cuts for the rich.

4. Josh Mandel — Ohio: Sen. Sherrod Brown (D) repeatedly hit Mandel for his support of Norquist’s tax pledge. “Signing a pledge to a fat-cat lobbyist like Grover Norquist is essentially giving away your right to think,” Brown said to Mandel during one of their debates. Mandel called for the elimination of the estate tax and reductions in investment and corporate tax rates, both giveaways to the rich. Mandel also called for a “flatter, fairer” tax code, the type of change that would almost surely raise taxes on low- and middle-income voters while giving the rich a huge tax cut.

Justice

Ohio Senate Nominee Defends Mourdock After Rape Comments: ‘He’s A Class Act’

Left: OH-SEN nominee Josh Mandel (R). Right: IN-SEN nominee Richard Mourdock (R)

Ohio Senate nominee Josh Mandel (R) defended neighboring Indiana Senate candidate Richard Mourdock (R) for his comments that pregnancies resulting from rape are a “gift from God,” calling Mourdock a “gentleman” and a “class act.”

Mandel was initially asked on Wednesday whether he agreed with Mourdock that “God intended” for pregnancies from rape, but the Ohio Republican was unwilling to take a position at the time. A day later, Mandel stuck up for Mourdock on the Laura Ingraham Show, defending his character and claiming that the Indiana GOPer had apologized for his comments:

INGRAHAM: What’s your take on that whole deal yesterday?

MANDEL: [...] I’ve gotten to know Richard because we’re both state treasurers. We’re treasurers in states next to each other. He’s a gentleman. He’s a class act. He’s a thoughtful guy. He’ll make a great United States senator. Yesterday he apologized for his comments and I think he was right in apologizing for them.

Listen to it:

In fact, Mourdock pointedly and repeatedly refused to apologize for his comments during a press conference yesterday. It was this very refusal that led Sen. John McCain (R-AZ) to withdraw his endorsement of Mourdock.

The Republican caucus has been split over Mourdock. Some prominent GOPers are continuing to back the Indiana Republican, including Mitt Romney, Senate Majority Leader Mitch McConnell (R-KY), and NRSC Chairman John Cornyn (R-TX). Others haven’t been as willing to stand with him. Rep. Mike Pence (R-IN), running for governor of Indiana, said yesterday, “I strongly disagree with the statement made by Richard Mourdock during last night’s Senate debate. I urge him to apologize.” Former New Jersey Governor Christie Todd Whitman (R) was equally critical, saying, “Mourdock’s comments damage all Republicans and especially Romney as the fight for the woman’s vote intensifies.” Sen. Kelly Ayotte (R-NH) also cancelled a planned trip to campaign with Mourdock in Indiana.

LGBT

Ohio Senate Candidate Would Ban Gays From Serving In The Military

Josh Mandel

Ohio Republican senate candidate Josh Mandel is one of the few Republicans to still oppose the repeal of Don’t Ask, Don’t Tell, a policy that prohibited gays and lesbians from serving openly in the military. During a debate on Thursday, Mandel said it was not a “good idea” to eliminate the ban and threw his support behind the state’s constitutional amendment outlawing same-sex marriages. Mandel explained that while he opposes equality for LGBT people, he will represent the interests of all Ohioans in Washington:

MANDEL: Well, on the military side, I disagree with [the repeal]. As far as the decision here in state of Ohio, I’m a supporter of marriage between one man and one woman. I believe in traditional marriage. At the same time, I want you to know I will do everything I can to represent every single person in the state of Ohio — all 11 and a half million people. Regardless of their background, regardless of their socioeconomic background, regardless of their race, their religion or any other characteristic…I’m going to be blind to race, religion, any other type of orientation here in the state of Ohio and when I go to Washington.

Watch it:

Since the repeal of DADT, numerous studies have found that the change has had “no negative impact on military readiness, morale, or unit cohesion.”

Health

Ohio Senate Candidate: Sick People Will Find Health Insurance If Washington Cuts Foreign Aid

Ohio GOP senate candidate Josh Mandel said during a debate against Sen. Sherrod Brown (D-OH) on Monday that he would extend coverage to people with pre-existing conditions by cutting military spending and reducing aid to Pakistan, Egypt, and Libya:

QUESTION: As unpopular as Obamacare is among conservatives, there are some elements of the plan that have popular support, for example, allowing young people to stay on their parents’ insurance until they’re 26, and requiring that people with pre-existing conditions can get insurance. How would you, and with specificity please, how would you maintain those benefits without the requirement of people buying insurance?

MANDEL: You have to make cuts in other parts of the government in order to pay to cover folks with pre-existing conditions you question, with young adults, on their parents’ insurance, if there are leaders in Washington who want to do that, without Obamacare on the books, you’ve got to make significant cuts. A lot of Republicans will say don’t touch defense, don’t touch the military. Listen, if we are going to have a good faith conversation about strong health care, about a balanced budget, we need to actually make cuts in defense. I mention some of my ideas in respect to Europe. Another place I’d like to cut, I mentioned Pakistan, but I need to get a little more specific. A few weeks ago, in Egypt, our embassy was overrun. In Libya, our ambassador was killed. Why in the world is Sherrod Brown and other politicians in Washington voting to give our tax dollars to countries that harbor terrorists, when we need that money here to pay for health care, to protect Medicare, to protect Social Security?

Watch it:

Mandel supports the full repeal of the Affordable Care Act. That law provides coverage to people with pre-existing conditions by encouraging the healthy to purchase coverage before they fall ill and offering income-based subsidies to help make insurance more affordable. Mandel did not explain how his proposed cuts would help the 129 million Americans with pre-existing conditions afford coverage in an unregulated insurance market.

Economy

Repeatedly Pressed By Local Newspaper, Ohio GOP Senate Candidate Won’t Take Position On Auto Rescue

Ohio Republican Senate candidate Josh Mandel, who is running to unseat Sen. Sherrod Brown (D), couldn’t name his position on the auto bailout during an interview with the Youngstown Vindicator, despite being asked half a dozen times in a number of ways.

In the interview with the paper’s editorial board, Mandel continually said he would have “had trouble” supporting the rescue plan because workers at Delphi, a local factory, lost some of their pension and health benefits as part of the package. But Mandel struggled to ever enumerate an actual position on the vote when asked for a yes or no answer.

“As the grandson of a UAW worker, I will do everything I can in the United States Senate to protect auto jobs,” Mandel said. “But it needs to done under the umbrella of the free enterprise system, without the federal government picking winners and losers. And it needs to be done in a way without stripping these hardworking workers of their pensions.”

Watch Mandel’s full answer:

Mandel also struggled to answer the question in an interview with the Columbus Dispatch, though he did manage to call Brown’s support for the rescue “un-American.” Those comments drew fire from the United Auto Workers, whose president said Mandel’s comments were “out of a cartoon or something.”

And though Mandel, like Republican presidential nominee Mitt Romney, may wish the free enterprise system could have saved the auto industry, the facts belie the argument. The private sector was unwilling to provide General Motors and Chrysler with the loans they needed to enter a managed bankruptcy, leaving government intervention as the only path available. According to at least one auto industry estimate, the auto industry’s rescue saved at least one million American jobs.

LGBT

Better Know An Anti-LGBT Senate Candidate: State Treasurer Josh Mandel (R-OH)

Twelfth in a series examining how anti-LGBT Senate candidates have worked to hurt the cause of equality.

State Treasurer Josh Mandel (R-OH)

State Treasurer Josh Mandel (R-OH)

Less than halfway through his first term as Ohio State Treasurer, Josh Mandel (R) is his party’s nominee against incumbent Sen. Sherrod Brown (D). Unlike Brown, a strong supporter of LGBT equality, Mandel has a consistent record of opposing the LGBT community.

Over his four years as a state representative, two years as State Treasurer, and this Senate campaign:

1. Mandel has opposed marriage equality for same-sex couples. Mandel told a Tea Party rally in July that he would “protect the sanctity of marriage,” adding that “this is a fight that I will never, ever back down.” In May, he told the conservative Human Events that “Ohioans demonstrated in ’04 their support for traditional marriage when they overwhelming voted for an amendment saying just this. That’s my position, and it is an issue in this [Senate] race.”

2. Mandel thinks it should be legal to fire someone just for being gay. In 2009, as a state representative, Mandel voted against Ohio HB 176, the state’s proposed Equal Housing and Employment Act. That law would have made it illegal to discriminate against LGBT Ohioans in hiring, firing, and housing decisions based purely on their sexual orientation or gender identity. Ironically, a Mandel spokesman claimed in 2011 that “Josh has always opposed discrimination against any American citizen.”

3. Mandel abandoned his earlier support for domestic partnership benefits. In 2000, as undergraduate student government president at The Ohio State University, he supported a plan to let qualified students buy student health insurance for their domestic partners. At the time, he told the campus newspaper, “The undergraduate student government representatives have been and will continue to advocate for domestic-partner benefits in public and private settings. Students want it, students deserve it, and the university has a responsibility to provide it.” Eleven years later, his spokesman told Politifact Ohio that Mandel now “feels he was wrong in college about domestic partner benefits and feels strongly that they should never be funded with taxpayer dollars.”

Watch Mandel speaking at the anti-LGBT CPAC convention:

In just a few years in politics, Mandel has already made it clear he will oppose equality at every chance. His election to the U.S. Senate would be a huge threat to LGBT people and families.

Update

In an October 18 debate, Mandel also announced that he continues to oppose the repeal of Don’t Ask Don’t Tell, even though the policy has had no negative impact on military readiness. He also reaffirmed his support for Ohio’s marriage inequality amendment.

Election

EXCLUSIVE: GOP Senate Nominee Shorting U.S. Treasury Bonds, Would Profit From Government Default

Ohio Senate nominee Josh Mandel (R)

The Republican nominee in Ohio’s Senate race stands to reap a significant financial windfall if the government defaults by not raising the debt ceiling, a move he opposed last year and has indicated he would vote against if elected to the Senate.

According to personal financial disclosure documents examined by ThinkProgress, Josh Mandel’s wife owns an undisclosed amount of ProShares UltraShort 20+ Year Treasury exchange-traded fund (ETF). This ETF aggressively “shorts” U.S. Treasury bills, meaning that it bets against U.S. debt and spikes when Treasury bill values drop. If a default were to occur, the desirability of Treasury bills would plummet and Mandel’s ETF would skyrocket in value.

That precise scenario could become more likely if Mandel wins his race against Sen. Sherrod Brown (D-OH). One of the top issues Mandel lists on his website is to “Stop increasing the debt ceiling.” Similarly, when Congress was embroiled in the debt ceiling fight last year, he stated that he “would have voted against the debt deal” that narrowly staved off a default.

Mandel and his wife’s personal financial disclosure form shows an investment of up to $1,001 in the Treasury-shorting ETF (highlighted in yellow):

In addition, it appears as though Mandel’s wife may own up to $15,000 in additional holdings that bet against U.S. Treasury bonds. As shown below, Mandel lists on page 18 ownership of up to $15,000 of “ProShares Trust Ultrashort (Bond).” Though this is not the name of a specific asset (and thus means the Ohio Republican did not file a complete form) ThinkProgress spoke with a representative from ProShares who noted that they only provide four “ultrashort” bond funds — 20+ year Treasury, 7-10 year Treasury, 3-7 year Treasury, and Treasury inflation protected securities — all of which short Treasury bills.

Though Mandel’s Treasury-shorting holdings may not be gigantic at the moment, their value would soar in the event of a debt default.

Controversy erupted last summer when it was revealed that House Majority Leader Eric Cantor was also betting against long-term U.S. Treasury bonds while opposing efforts to raise the debt ceiling. Mandel’s ProShares UltraShort 20+ Year Treasury stock is the same one that Cantor owned.

The very optics of a politician profiting off a default could present problems for Mandel as he tries to convince Ohio voters to send him to Washington next year so he can “stop increasing the debt ceiling.”

Multiple requests for comment have not been returned by Mandel’s campaign.

NEWS FLASH

Ohio GOP Senate Candidate Will ‘Never, Ever Back Down’ From Marriage Inequality | Ohio state treasurer Josh Mandel (R), who accepts donations from Nazi reenactors, is trying to unseat Sen. Sherrod Brown (D-OH) by catering to the far right of his party. Speaking to about 300 people at a Tea Party rally on Tuesday, Mandel said he is fighting Brown on the issue of marriage equality, promising to “protect the sanctity of marriage,” and adding, “This is a fight that I will never, ever back down [from].” Brown is one of many Democratic Senators who have called for marriage equality to be included as a plank in the party’s platform this year and he also participated in an “It Gets Better” anti-bullying message.

Justice

FBI Probing Questionable Donations To Two Ohio Republicans

Rep. Jim Renacci (R-OH)

Rep. Jim Renacci (R-OH)

The Federal Bureau of Investigations is looking into a series of contributions by employees of the Canton, Ohio-based Suarez Corporation to Ohio Treasurer Josh Mandel (R) and freshman Rep. Jim Renacci (R-OH), according to reports by the Toledo Blade and The New Republic. Mandel is the Republican challenger to Sen. Sherrod Brown (D) and, due to redistricting, Renacci is facing a member-versus-member re-election fight against Rep. Betty Sutton (D).

TNR explains:

Renacci’s biggest single source of support, however, has been Suarez Corporation Industries, a large direct-marketing company in North Canton that sells a motley mix of products (space heaters, collectible coins, jewelry, and more). Last year, The Toledo Blade noticed that many large contributions were being made to Renacci by Suarez’s non-executive employees. Seventeen employees, plus six spouses, had given to Renacci, Mandel, or both, with most giving at the maximum allowable level, for a total of $100,000 for each candidate. (Company founder Benjamin Suarez had himself given the maximum to both candidates.) This sort of pattern raises red flags: Federal law bars employers from reimbursing employees for giving to a certain candidate—a method employers could use to evade limits on their own giving.

While companies often encourage employees to “bundle” contributions to candidates who support their interests, it is illegal to coerce employees to donate or to reimburse them for their contributions. Many of the donors had no history of political giving and lived in modest homes. One of the Suarez employees, copywriter Michael Blubaugh, joined with his wife Donna to give $10,000 to Renacci and $10,000 to Mandel. She told TNR that she had been interviewed about the donations by the FBI and that the donations were all made freely, out of their savings. She did acknowledge that, though $10,000 of the money was donated in her name, her husband “made the decision,” not she.

The company has denied reimbursing employees and has refused to “respond to gossip, rumors, or innuendo concerning its operations.”

But if indeed it turns out these were improper contributions, the Mandel and Renacci campaigns may find themselves having to refund a combined $200,000.

Security

Ohio GOP U.S. Senate Candidate: Obama Wants To ‘Sip Tea’ With Iran And Treats England ‘Like Garbage’

Ohio GOP U.S. Senate candidate Josh Mandel

Republican candidate for U.S. Senate in Ohio Josh Mandel sat down with the Findlay Publishing editorial staff this week to discuss the various issues in the campaign. When he eventually got to foreign policy and defense issues, Mandel picked up on a baseless theme the GOP presidential candidates have been hawking: Obama is friendlier to America’s enemies than its allies. Mandel chastised the president for allegedly trying to “sip tea” with Iranian president Mahmoud Ahmadinejad while treating countries such as Israel, England, Honduras and Columbia “like garbage”:

MANDEL: I also think when it comes to defense, we need a foreign policy of peace through strength, and a foreign policy of clarity. It sickens me to see the President of the United States literally and figuratively bow down to leaders of other countries. I also believe that he was incorrect to try and sip tea and sing Kumbaya with people like Ahmadinejad in Iran and Chavez in Venezuela at the same time that he’s treated some of our best allies throughout the world like garbage.

You look like at the way he treats Honduras and England and Colombia and Israel and some of our other best allies, it just makes no sense. You can’t have a commander-in-chief, President of the United States, that treats our friends like garbage, and our allies like – and uh – our enemies like friends.

Listen to the clip:

It seems fairly clear where Mandel’s attack on Obama regarding Israel comes from. The Republicans have been trying their best to get the Obama-hates-Israel meme to stick, but the facts repeatedly stand in the way of that. Even top Israeli officials regularly debunk these claims. The baseless GOP claims on Obama and Israel led the Associated Press to get involved. An AP “fact check” notes that Republican attacks on Obama that he’s not sufficiently pro-Israel “have strayed well beyond reality.”

But it’s completely unclear where Mandel got this idea that Obama has been treating England, Honduras, or Colombia “like garbage.” He seems to have just randomly picked these countries out of thin air. In fact, British Prime Minister David Cameron just visited Washington and as the Guardian put it, “Obama rolled out the red carpet, literally and politically.” (HT: American Bridge)

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