Tim Scott receives failing grade on Institute for Policy Studies report card

October 5, 2012
By

Charleston, SC – The Institute for Policy Studies gave Rep. Tim Scott a failing grade in its Congressional Report Card, which was released yesterday.

He was one of 48 U.S. representatives, and the only one from South Carolina, to receive this lowest grade.

Scott’s official score of negative 12 results from his votes on particular bills and motions that covered the issues of jobs, taxes, budget and education.

Democratic opponent Bobbie Rose isn’t surprised by the score, however. “This is why I entered the race. These same issues are especially pertinent to the people in this region, but Scott’s never addressed them.”

The Rose campaigns’ repeated claims that Scott is only representing corporate donors is well-supported by one key finding in the IPS report.

Four corporations – ExxonMobil, Koch Industries, Goldman Sachs and Honeywell – made significant contributions to many of the F-grade recipients.  Scott is one only of two congresspersons who received campaign donations from all four, IPS notes.

“Throughout my campaign, I’ve repeatedly stated that Scott is only representing corporations and wealthy donors instead of his constituents,” Rose says. “I think this proves my point.”

She offers Scott’s grading on taxes as a key example. In its report, IPS notes that Scott voted to extend the Bush tax cuts on both high and unearned income (HR 8) and to reduce corporate taxes (HR 9). He voted against a measure that would prevent use of offshore accounts as tax havens (the Doggett Amendment), and Scott also co-sponsored a bill to reduce taxes on overseas earnings (HR 1834). He co-sponsored a bill to eliminate estate taxes (HR 1259), as well.

“Scott voted against bills that would actually benefit citizens, though,” Rose says, offering his vote on HR 5652 as example. This Sequester Replacement Reconciliation Act increased defense spending cutting from programs that help poverty, including food stamps.

HR 9 itches Rose in particular, and because of its misleading title. “It included significant tax cuts for companies that have up to 500 employees, but was somehow called the ‘Small Business Tax Cut Act.’ Scott apparently hoped his constituents wouldn’t know that 99.7 percent of the companies in the U.S. have less than 500 employees.

“Since when do multi-million dollar companies the size of the New York Times, the Boston Red Sox and even Oprah Winfrey’s network constitute a ‘small business’?

“Scott may be getting lots of money from corporations, but they don’t vote,” Rose says.

“Next month, I’ll be elected by the people, and I’ll return representation to them.”

Eleven U.S. senators, including South Carolina’s Lindsey Graham, also received failing grades.

Institute for Policy Studies is a progressive think-tank, formed in 1963 by two former congressional aides.

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  • Nofanoftimscott

    He needs to go

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