Lisa Murkowski on Corporations

Independent Sr Senator (AK)

Exxon would not benefit from a $6.5 billion tax break at all

KNOWLES: The candidates erupted into a brief but tense exchange when Knowles again pounded on Murkowski for supporting recent legislation passed by Congress that he says amounts to a $6.5 billion tax break for Exxon Mobil. Knowles has repeatedly said Murkowski should have demanded the condition that Exxon pay $4.5 billion in punitive damages to thousands of fishermen affected by the 1989 Exxon Valdez oil spill in Alaska’s Prince William Sound.

MURKOWSKI: Murkowski reminded Knowles that Exxon has said the company would not benefit at all, but Knowles refused to back down. “Exxon can say whatever it wants,” he said. “All you have to do is do the math. and you have $6.5 billion. That is a giveaway with no strings attached.” Murkowski said that number was pure fabrication. Earlier Thursday, she wrote a letter to Knowles, demanding that he start “telling the truth” in the final days before the election.

Source: [Xref Knowles] AK Senate Debate in Daily News-Miner , Oct 29, 2004

Want to have the Exxon Valdez issue behind us

KNOWLES: Exxon, Knowles said, is getting a $6.5 billion tax break from the recent corporate tax bill, the same bill that carried two of the gas line incentives. The new law reduces the tax rate on income held in offshore accounts if companies bring the money back to the US. “They got the award by just following Woody Allen’s law of 95 percent of life is just being there,” Knowles said. To not attach some provision requiring payment of the punitive damages to Alaska’s 20,000 fishermen harmed by the spill “is unconscionable,” he said.

MURKOWSKI: “You know, we all want to have the Exxon Valdez issue behind us,” Murkowski responded. “We have waited far too long.” But the legislative branch of government should not cut off judicial proceedings, she said. “What happens next, who else do we cut off?” she asked.

Source: [Xref Knowles] AK Senate Debate, in Daily News-Miner , Oct 20, 2004

Voted NO on repealing tax subsidy for companies which move US jobs offshore.

Amendment to repeal the tax subsidy for certain domestic companies which move manufacturing operations and American jobs offshore. Reference: Tax Subsidy for Domestic Companies Amendment; Bill S AMDT 210 to S Con Res 18 ; vote number 2005-63 on Mar 17, 2005

Voted YES on reforming bankruptcy to include means-testing & restrictions.

Amends Federal bankruptcy law to revamp guidelines governing dismissal or conversion of a Chapter 7 liquidation (complete relief in bankruptcy) to one under either Chapter 11 (Reorganization) or Chapter 13 (Adjustment of Debts of an Individual with Regular Income). Voting YES would:

Declare a debtor eligible only for Chapter 13, as anyone financially capable of paying back their creditors at a rate that still allows them to earn above their state's median income
Place domestic support obligations such as child support and alimony amongst the first priority claim category of non-dischargeable debts on a debtor filing for bankruptcy
Require debtors to pay for and attend credit counseling prior to filing for bankruptcy
Cap home equity protection at $125,000 if the debtor purchased a house within 40 months of filing for bankruptcy.

Reference: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005; Bill S 256 ; vote number 2005-44 on Mar 10, 2005

Rated 86% by the US COC, indicating a pro-business voting record.

Murkowski scores 86% by US Chamber of Commerce on business policy

Whether you own a business, represent one, lead a corporate office, or manage an association, the Chamber of Commerce of the United States of AmericaSM provides you with a voice of experience and influence in Washington, D.C., and around the globe.

Our members include businesses of all sizes and sectors—from large Fortune 500 companies to home-based, one-person operations. In fact, 96% of our membership encompasses businesses with fewer than 100 employees.

Mission Statement:

"To advance human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility."

The ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position. Source: COC website 03n-COC on Dec 31, 2003

Rated 29% by UFCW, indicating a mixed management/labor voting record.

Murkowski scores 29% by UFCW on labor-management issues

The United Food and Commercial Workers International Union (UFCW) is North America's Neighborhood Union--1.3 million members with UFCW locals in all 50 states, Puerto Rico and Canada. Our members work in supermarkets, drug stores, retail stores, meatpacking and meat processing plants, food processing plants, and manufacturing workers who make everything from fertilizer to shoes. We number over 60,000 strong with 25,000 workers in chemical production and 20,000 who work in garment and textile industries.

American Jobs Act (+)
Balanced Budget Amendment (-)
Rejecting Cut, Cap, and Balance (+)
Repeal Health Care Law (-)
Sen. Am. 14 Wicker Am. to S 223, excluding unionization at TSA (-)
Sen. Am. 740 McCain Am. to HR 2112, defunding TAA (-)
Trade Adjustment Assistance Extension Act (TAA) (+)

Source: UFCW website 12-UFCW-S on May 2, 2012

Click here for definitions & background information on Corporations. Click here for a profile of Lisa Murkowski. Click here for SenateMatch quiz answers by Lisa Murkowski. Click here for AmericansElect quiz answers by Lisa Murkowski. Click here for a summary of Lisa Murkowski's positions on all issues. Click here for issue positions of other AK politicians.
*Other candidates on Corporations:*		*Lisa Murkowski on other issues:*
*AK Gubernatorial:* Sean Parnell *AK Senatorial:* Mark Begich AK politicians *Retiring in 2014 election:* GA:Chambliss(R) IA:Harkin(D) MI:Levin(D) NE:Johanns(R) NJ:Lautenberg(D) SD:Johnson(D) WV:Rockefeller(D) *Senate Vacancies 2013:* HI:Inouye(Deceased) HI:Schatz(Appointed) MA:Kerry(Resigned) MA:Cowan(Appointed) SC:DeMint(Resigned) SC:Scott(Appointed) *Retired as of Jan. 2013:* AZ:Kyl(R) CT:Lieberman(D) HI:Akaka(D) ME:Snowe(R) ND:Conrad(D) NE:Nelson(D) NM:Bingaman(D) TX:Hutchison(R) VA:Webb(D) WI:Kohl(D)	*Senate elections Nov. 2012:* AZ:Flake(R) vs.Carmona(D) CA:Feinstein(D) vs.Emken(R) vs.Lightfoot(L) CT:McMahon(R) vs.Murphy(D) DE:Carper(D) vs.Wade(R) vs.Pires(I) FL:Nelson(D) vs.Mack(R) HI:Hirono(D) vs.Lingle(R) vs.~~Case~~(D) vs.~~Pirkowski~~(R) IN:~~Lugar~~(R) vs.Mourdock(R) vs.Donnelly(D) MA:Brown(R) vs.Warren(D) MD:Cardin(D) vs.Bongino(R) vs.Sobhani(I) ME:King(I) vs.Dill(D) vs.Summers(R) MI:Stabenow(D) vs.Hoekstra(R) vs.Boman(L) MN:Klobuchar(D) vs.Bills(R) MO:McCaskill(D) vs.Akin(R) MS:Wicker(R) vs.Gore(D) MT:Tester(D) vs.Rehberg(R)	ND:Heitkamp(D) vs.Berg(R) NE:Kerrey(D) vs.Fischer(R) NJ:Menendez(D) vs.Kyrillos(R) vs.Diakos(I) NM:Heinrich(D) vs.Wilson(R) NV:Heller(R) vs.Berkley(D) NY:Gillibrand(D) vs.Long(R) vs.Noren(I) vs.Clark(G) OH:Brown(D) vs.Mandel(R) PA:Casey(D) vs.Smith(R) RI:Whitehouse(D) vs.Hinckley(R) TN:Corker(R) vs.Clayton(D) TX:Cruz(R) vs.Sadler(D) vs.Roland(L) vs.~~Dewhurst~~(R) UT:Hatch(R) vs.Howell(D) VA:Kaine(D) vs.Allen(R) VT:Sanders(I) vs.MacGovern(R) WA:Cantwell(D) vs.Baumgartner(R) WI:Thompson(R) vs.Baldwin(D) WV:Manchin(D) vs.Raese(R) WY:Barrasso(R) vs.Chesnut(D)	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Jobs Principles Social Security Tax Reform Technology War/Peace Welfare Other Senators Senate Votes (analysis) Bill Sponsorships Affiliations Policy Reports Group Ratings
Contact info: Fax Number: 202-224-5301 Mailing Address: Senate Office SH-709, Washington, DC 20510 Phone number: (202) 224-6665

Page last updated: Apr 22, 2013