American Solutions Gets The Facts (And Our Name) Wrong

June 25, 2009 12:21 pm ET

Attempting to rebut a Media Matters Action Network fact check, Newt Gingrich's coal-funded American Solutions for Winning the Future gets its facts - and our name - wrong.

American Solutions' Real Beef Is With The Congressional Budget Office - Which It Cited Two Weeks Earlier

Unable To Dispute Facts Presented By Media Matters Action Network, American Solutions Focuses On The Congressional Budget Office:

Media Matters recently attacked the newest American Solutions television ad highlighting the pitfalls of cap and trade.  Media Matters uses the Congressional Budget Office's most recent analysis, which concluded that the average annual cost of Waxman-Markey would be about $175 per household.

The problem, though, is that CBO ignored key costs of the legislation. [American Solutions, 6/23/09]

Yet American Solutions Touted Cap-And-Trade Figures From The Congressional Budget Office Just TWO Weeks Earlier:

According to the CBO's most recent analysis, H.R. 2454, the Waxman-Markey cap-and-trade bill currently making its tortured path through the House, would be equal to a tax of $846 billion from 2010 to 2019.

Add CBO to that list.  The official economic analysts of Congress came to the same conclusion as Rep. Dingell: cap-and-trade is indeed a tax, and it's a great big one. [American Solutions, 6/10/09]

American Solutions Ignores The Facts On Job Creation

American Solutions Falsely Claims West Virginia And Kentucky Will Lose Jobs Under The American Clean Energy And Security Act: 

But energy tax supporters like Media Matters and the Center for American Progress gloss over this reality by only emphasizing job creation under Waxman-Markey.

In other words, don't worry about losing your job in West Virginia or Kentucky or the Midwest, because there will be job creation on the West Coast and in the Northeast.  [American Solutions, 6/23/09]

West Virginia Will See A NET INCREASE Of 10,000 Jobs, $800 Million Investment.  According to analysis by the Center for American Progress and the Political Economy Research Institute: "Investments in a clean-energy economy will generate major employment benefits for West Virginia and the rest of the U.S. economy. Our research finds that West Virginia could see a net increase of about $800 million in investment revenue and 10,000 jobs based on its share of a total of $150 billion in clean-energy investments annually across the country. This is even after assuming a reduction in fossil fuel spending equivalent to the increase in clean-energy investments. Adding 10,000 jobs to the West Virginia labor market in 2008 would have brought the state's unemployment rate down to 3.0 percent from its actual 2008 level of 4.3 percent." ["Clean-Energy Investments Create Jobs in West Virginia," 6/17/09; emphasis added]

Kentucky Will See A NET INCREASE Of 26,000 Jobs, $2 Billion Investment.  According to analysis by the Center for American Progress and the Political Economy Research Institute: "Investments in a clean-energy economy will generate major employment benefits for Kentucky and the rest of the U.S. economy. Our research finds that Kentucky could see a net increase of about $2.0 billion in investment revenue and 26,000 jobs based on its share of a total of $150 billion in clean-energy investments annually across the country. This is even after assuming a reduction in fossil fuel spending equivalent to the increase in clean energy investments. Adding 26,000 jobs to the Kentucky labor market in 2008 would have brought the state's unemployment rate down to 5.2 percent from its actual 2008 level of 6.4 percent." ["Clean-Energy Investments Create Jobs in Kentucky," 6/17/09; emphasis added]

Follow the Money: American Solutions Is Bankrolled By Peabody Coal

Peabody Energy, The Worlds Largest Coal Company, Donated $275,000 To American Solutions. According to American Solutions' 8872 forms filed with the IRS, Peabody Energy donated $250,000 to American Solutions on June 9, 2008 and $25,000 on April 30, 2008.  Peabody Energy is the "world's largest private-sector coal company." [IRS, 6/30/08; 4/30/08; Peabody Energy, accessed 5/7/09]

One More Thing: It's "Media Matters Action Network"

American Solutions Attempted To Mock Our Logo.  Disputing the sources Media Matters Action Network cited in a fact check, Newt Gingrich's American Solutions For Winning the Future attempted to mock our logo, yet mistakenly used the logo of Media Matters for America, a separate entity.

[American Solutions, 6/23/09]

Our Actual Logo:

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