FACT CHECK: Foster’s latest ad buries the lede
September 27, 2022
Bill Foster’s latest campaign ad tells a story of how he and his brother’s factory didn’t send jobs to China.
But what Foster didn’t say is his party’s so-called Inflation Reduction Act (IRA) makes it harder for American manufacturers to do the same.
- The National Manufacturers Association “staunchly” opposed IRA because it hurts their global competitiveness;
- IRA gave the manufacturing industry the highest effective tax rate across all industries;
- And IRA is projected to cut about 29,000 jobs and reduce after-tax income.
NRCC Comment: “Career politician Bill Foster is a rubber stamp for the Biden/Pelosi agenda that is shipping jobs to China and costing Illinois families more for just about everything.” – NRCC Spokeswoman Courtney Parella