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New TV Ad Calls Out Paul Ryan for Stunning Conflict of Interest

FOR IMMEDIATE RELEASE
Contact: Kate Geller, (202) 785-8683 or kate_geller@lcv.org

28 Jun 2011  

WISCONSIN – Today, the League of Conservation Voters launched a new television ad in Wisconsin’s 1st district calling out Representative Paul Ryan for his recently exposed conflict of interest: supporting billions in subsidies for oil companies while he and his family profited from some of the same companies receiving those tax breaks.  The television ad will run this week in the Milwaukee media market.

“Congressman Ryan pretends he’s a Boy Scout, but he appears to be using his position in Congress to increase his own personal wealth,” said Navin Nayak, LCV Senior Vice President of Campaigns. “Congressman Ryan should stop asking Wisconsin taxpayers to continue funding massive government handouts to the most profitable oil companies, especially when his family stands to benefit from some of those same companies’ earnings.”

At a recent town hall meeting Rep. Ryan claimed to support ending subsidies for oil companies, yet one week later he voted to continue billions in these taxpayer handouts. A recent Newsweek investigation also revealed that Rep. Ryan, his wife and father-in-law have made hundreds of thousands off the oil companies whose tax breaks he continues to support. He has also proposed a 2012 budget that gives oil companies billions more in special tax breaks.

View the ad here:  http://www.youtube.com/watch?v=cc9k8x6KI-0   

Audio

Backup

Questioner: The subsidy for the oil companies that the federal government gives.  They’ve gotta stop.

Ryan: Sure

Questioner:  End the oil company subsidies.

Ryan: I agree

Congressman Ryan agrees with a constituent at town hall meeting that oil company subsidies should end. 

April 28, 2011  Waterford, WI

ANNCR: But a week later here’s Ryan voting for billions in handouts to big oil. 

Roll Call Vote #293, 5/5/11
http://clerk.house.gov/evs/2011/roll293.xml

ANNCR: And now a Newsweek investigation reveals- Ryan, his wife and father-in-law made hundreds of thousands from oil companies that lease their land.

http://www.thedailybeast.com/articles/2011/06/17/paul-ryan-s-shrewd-budget-payday-congressman-could-benefit-from-tax-breaks-he-proposes.html?om_rid=Nsfcpo&om_mid=_BN$0xzB8by7dGP

ANNCR: Companies that’ll profit from the tax breaks Ryan helped pass. 

ANNCR: Paul Ryan: protecting big oil profits. Lining his own pockets.

http://www.americanprogress.org/issues/2010/04/oil_subsidies.html

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