State of Arkansas Archives: on Corporations


Tom Cotton: AdWatch: Worked as management consultant, not in insurance

Voice-over for new Senate Majority PAC ad attacking Rep. Tom Cotton (R-Ark.), who is challenging Sen. Mark Pryor (D): "Before Congress, Cotton got paid handsomely working for insurance companies"

This attack ad attempts to connect the dots: Rep. Tom Cotton made a fortune working for insurance companies, the story goes, and so he would happily do their bidding as Republicans dismantle Medicare. The ad even helpfully provides an image of connected dots.

The problem is that these dots are phony. The core of the ad is that Cotton worked for insurance companies. Cotton worked as a management consultant for McKinsey & Co., flitting from one industry to another; [the closest he came to insurance was] an assignment working for the Federal Housing Authority, to improve its service in providing insurance to lenders who finance apartment buildings.

As for Cotton's pay, he earned $85,000 from McKinsey in 2011. We will leave it to readers to decide if that means he was paid "handsomely."

Source: Washington Post AdWatch on 2014 Arkansas Senate race Apr 1, 2014

John Boozman: Tax cuts for higher income helps small business owners

The two disagreed over the tax cuts that were instituted under former President George W. Bush, with Lincoln calling for extending the cuts for low to moderate income taxpayers.

Lincoln, however, said that extending the tax cuts for the wealthy should only be done if it can be paid for. "The ultrawealthy, I do not think should receive that tax cut unless it is paid for in a responsible way, and that's an important thing we have Boozman said he supports extending all of the tax cuts and said that not extending them for the higher income taxpayers would hurt small business owners. "The last thing we need to do in this economy is raise expenses on small businesses, especially on small businesses that are making money," Boozman said. "That makes no sense at all."

Source: Associated Press coverage of 2010 Arkansas Senate debate Sep 10, 2010

  • The above quotations are from State of Arkansas Politicians: Archives.
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Page last updated: Dec 11, 2015