Giuliani Campaign Press Release - Giuliani's New York City vs. Romney's Massachusetts

By Every Measure, Giuliani Is The Real Fiscal Conservative

"There is one Republican candidate in the race with a track record of cutting taxes 23 times and that is Rudy Giuliani. No amount of political spin can help Mitt Romney re-write the history books. Mitt Romney failed to pass a single tax cut as Governor and the Cato Institute gave him a 'C' for his handling of the economy as Governor. Mitt Romney can repackage himself as many times as he wants but his failing fiscal record speaks for itself."

Real GDP In New York City Increased 35.44% From $316 Billion In 1993 To $428 Billion In 2001. (Monthly Report On Current Economic Conditions, City Of New York Office Of Management And Budget, 5/2/03)

• Which Outpaced National Growth Of 31.3%. (U.S. Commerce Department Bureau Of Economic Analysis Website, http://www.bea.gov/national/xls/gdplev.xls, Accessed 8/14/07)

Romney Administration Saw Real GDP In Massachusetts Grow By Just 9.37%. ("Real Growth Domestic Product By State, 1997-2006," U.S. Department Of Commerce; Bureau Of Economic Analysis, http://www.bea.gov/regional/gsp/action.cfm, Accessed 8/14/07)

• Which Lagged Behind National Rate Of 13.12%. ("Real Growth Domestic Product By State, 1997-2006," U.S. Department Of Commerce; Bureau Of Economic Analysis, http://www.bea.gov/regional/gsp/action.cfm, Accessed 8/14/07)

Giuliani Reduced Real Per Capita Government Spending By Unprecedented 6.82%. (New York City Gross City Product Data 1990-2005, City Of New York Office Of Comptroller; City Of New York Office Of Management And Budget, The City Of New York Executive Budget Fiscal Year 2000 Message Of The Mayor, p.3; City Of New York Office Of Management And Budget, The City Of New York Executive Budget Fiscal Year 2002 Message Of The Mayor, p. 3; Comptroller of the City of New York, Comprehensive Annual Financial Report of the Comptroller for the Fiscal Year Ended June 30, 2003, 10/31/03; U.S. Department of Labor Bureau of Labor Statistics Website, data.bls.gov, Accessed 5/3/07)

• Reduced Government Spending As Percentage Of City GDP Every Year Except 2001. (New York City Gross City Product Data 1990-2005, City Of New York Office Of Comptroller; City Of New York Office Of Management And Budget, The City Of New York Executive Budget Fiscal Year 2000 Message Of The Mayor, p.3; City Of New York Office Of Management And Budget, The City Of New York Executive Budget Fiscal Year 2002 Message Of The Mayor, p. 3)

• New York's Economy Grew Nearly Twice As Fast As Government Spending Did. (New York City Gross City Product Data 1990-2005, City Of New York Office Of Comptroller; City Of New York Office Of Management And Budget, The City Of New York Executive Budget Fiscal Year 2000 Message Of The Mayor, p.3; City Of New York Office Of Management And Budget, The City Of New York Executive Budget Fiscal Year 2002 Message Of The Mayor, p. 3)

• Turned $2.3 Billion Dollar Budget Deficit Into $2.9 Billion Surplus By FY 2001. (Steven Lee Myers, "A Deficit Revisited," The New York Times, 7/31/94; City Of New York Office Of The Comptroller, Fiscal Year 2001 Comprehensive Annual Report: Basic Financial Statements Part II-A, p. 14)

• Cut Over 20,000 Full-Time City-Funded City Jobs (Nearly 20%) Excluding Teachers And Uniformed Police Officers. (City Of New York Office Of Management And Budget, The City Of New York Executive Budget Fiscal Year 2002 Message Of The Mayor: Appendix 5A, p. 276)

Romney's Recommended Budgets Increased Real Per Capita Government Spending By 7.77%. ("Governor's Annual Budget Recommendations, FY2003-FY2007," http://www.mass.gov/bb/, Accessed 8/20/07; U.S. Census Bureau, "Annual Estimates Of The Population For The United States, Regions, And States And For Puerto Rico: April 1, 2000 To July 1, 2006," http://www.census.gov/popest/states/NST-ann-est.html, Accessed 8/20/07; Bureau of Labor Statistics, "Consumer Price Index – All Urban Consumers: 1997-2007," http://data.bls.gov/PDQ/servlet/SurveyOutputServlet, Accessed 8/20/07)

• Total Spending In Recommended Budgets Grew 22.2% Under Romney's Watch, From $29.477 Billion In Fiscal 2003 To $36.021 Billion In Fiscal 2007. ("Governor's Annual Budget Recommendations, FY2003-FY2007," http://www.mass.gov/bb/, Accessed 8/14/07)

• Romney Reduced State Government By Just 603 Jobs, From 44,582 To 43,979, A Decrease Of Only 1.35%. (Brian Mooney, "Taking Office, Remaining An Outsider," The Boston Globe, 6/29/07)

Unemployment In New York City Was Cut In Half From 10.4% In January Of 1994 To Low Of 5.0% In May Of 2001. (New York State Department of Labor, New York State Workforce & Industry Employment And Unemployment Data, www.labor.state.ny.us/workforceindustrydata, Accessed 3/12/07)

423,000 New Private Sector Jobs Were Created. (New York State Department of Labor, New York State Workforce & Industry Private Employment Data, www.labor.state.ny.us/workforceindustrydata, Accessed 3/12/07)

• During Same Period, National Unemployment Rate Fells Just 34.3%, From 6.7% In January 1994 To 4.4% In May 2001. (Robert D. Hershey Jr., "Unemployment Is Put At 6.7% By New Method," The New York Times, 2/5/94; Martin Crutsinger, "U.S. Unemployment Dips Slightly To 4.4 Percent In May," The Associated Press, 6/1/01)

Massachusetts Unemployment Rate Under Romney Administration Dropped Just 7.02%, From 5.7% In January 2003 To 5.3% In January 2007. (U.S. Department Of Labor, Bureau Of Labor Statistics, "Labor Force Statistics From The Current Population Survey: Unemployment Rate," http://data.bls.gov, Accessed 7/19/07)

• National Reduction In Unemployment During Same Time Period Was 20.69%. (U.S. Department Of Labor, Bureau Of Labor Statistics, "Labor Force Statistics From The Current Population Survey: Unemployment Rate," http://data.bls.gov, Accessed 7/19/07)

• At End Of Romney's Term, Unemployment In Massachusetts (5.3%) Was Higher Than National Unemployment Rate Of 4.5%. (Massachusetts Executive Office Of Labor And Workforce Development, Labor Force And Unemployment Data 2002-2007, http://lmi2.detma.org/lmi/lmi_lur_a.asp, Accessed 6/29/07)

"And Despite The Growth In Jobs, The [State Department Of Workforce Development] Reported That There Are 124,100 Fewer Jobs Than Before The State's Prerecession Peak In February 2001." (Pam Belluck, "Romney Candidacy Puts Massachusetts Economy In Spotlight," The New York Times, 3/16/07)

• Romney Spokesman Eric Fehrnstrom: "'Did We Recover All The Jobs That Were Lost? No." (Pam Belluck, "Romney Candidacy Puts Massachusetts Economy In Spotlight," The New York Times, 3/16/07)

"[M]assachusetts Ranked 41st In Job Growth, According To The FDIC's Summer 2006 Rankings." ("Campaign Ad Watch," The Boston Globe, 8/10/2006)

Scripps Howard's Deroy Murdock: "While Romney Couldn't Persuade Democratic Legislators To Lower Taxes, Giuliani Convinced A Democratic City Council To Reduce Or Scrap 23 Taxes." (Deroy Murdock, Op-Ed, "Mitt's Mythical Massachusetts Miracle," 8/16/07)

While Giuliani Was Mayor, Taxes Were Reduced Or Eliminated 23 Times, Including Sales, Personal Income And Business Taxes. (City Of New York Executive Budget, Fiscal Year 1996; City Of New York Executive Budget, Fiscal Year 1997; City Of New York Executive Budget, Fiscal Year 1998; City Of New York Executive Budget, Fiscal Year 2002; City Of New York Office Of Operations, Reengineering Municipal Services 1994-2001, p. 243)

• Leading To Savings Of Over $9 Billion For Individuals And Businesses. (City Of New York Executive Budget, Fiscal Year 1996; City Of New York Executive Budget, Fiscal Year 1997; City Of New York Executive Budget, Fiscal Year 1998; City Of New York Executive Budget, Fiscal Year 2002)

Romney Proposed Nearly $400 Million In Business Tax Increases. (Alex Bolton, "Romney's Tax Record Gets A Closer Look," The Hill, 3/27/07)

Romney's Health Care Plan Increased Taxes On Businesses. (Brett Amends, "For Romney, Reforms May Be Just What Doctor Ordered," Boston Herald, 4/6/06)

• Requires All Businesses With More Than 10 Employees That Do Not Provide A "Fair And Reasonable" Contribution To Workers' Health Insurance To Pay A Fee Up To $295 Per Employee Per Year. (David A. Hyman, "The Massachusetts Health Plan: The Good, The Bad, And The Ugly," Cato Institute Policy Analysis, 6/28/07)

• Unless Employers Create A "Cafeteria Plan" That Employees Can Purchase On A Pre-Tax Basis, They Face A "Free Rider Surcharge" Of Up To 100% Of The Cost Of Care Of All Their Employees In Excess Of $50,000. (Michael D. Tanner, "No Miracle in Massachusetts: Why Governor Romney's Health Care Reform Won't Work," Cato Briefing Papers No. 97, 6/6/06)

Romney Proposed Measure To "Prevent Massachusetts Employers From Benefiting Fully From The American Jobs Creation Act Of 2004, At A Cost To Companies Of $30 Million A Year." (Edward Mason, "Romney Targets $280M In 'Loopholes,'" Boston Business Journal,12/31/04)

Romney Tried To Tax Internet Travel Websites. (Patrick J. Howe, "Businesses Blast Governor's Tax Plan," The Boston Globe, 2/23/07)

Romney Proposed $500 Million In Fee Increases. (Alexandra Marks, "States Collect More Taxes, Easing Fiscal Woes," Christian Science Monitor, 4/15/05)

In 2006, Romney Opposed Gas Tax Relief Measure That Would Have Saved Massachusetts Motorists 21 Cents/Gallon During Summer Months. (Russell Nichols, "Bill Proposes Gas Tax Cut To Save 21 Cents A Gallon," The Boston Globe, 5/11/06)

Romney Vetoed Senior Citizen Tax Break. (Scott Greenberger, "Romney Vows To Veto Seniors' Tax Break," The Boston Globe, 2/27/04)

Romney Tried To Reduce Income Tax Rate But Failed.

• Massachusetts Ballot Initiative From 2000, Which Was Passed With 60% Of Vote, Called To Reduce Income Tax Rate From 5.85% On "Wages And Salaries" To Flat 5% By 2003. ("State And Local," USA Today, 11/8/00)

• The Gradual Reduction Of Income Tax Was Frozen At 5.3% In 2002. (Citizens For Limited Taxation, "April 15th And The Massachusetts Tax Burden," Press Release, 4/15/05, http://www.cltg.org/cltg/clt2005/05-04-14_nr.htm, Accessed 8/15/07)

• Romney Urged For Complete Reduction To 5% As Was Called For By The 2000 Ballot Initiative But Failed. (Steve Marantz, "Gov Seizes On Revenue Rise," Boston Herald, 5/4/04)

• Today, Income Tax Rate In Massachusetts Is Still 5.3%. (Federation of Tax Administrators Website, State Individual Income Taxes, http://www.taxadmin.org/FTA/rate/ind_inc.html, Accessed 8/15/07)

During Giuliani's Tenure, New York's Tax Burden Decreased 17% To Lowest Level In Three Decades. (The City Of New York Office Of Management And Budget, City Of New York Executive Budget Fiscal Year 2002 Budget Summary, pp. 8, 11)

Between 2002 And 2006, Massachusetts State Tax Burden Rose 10.75% (U.S. Department Of Commerce Bureau Of Economic Analysis, Regional Economic Information Systems, Downloadable Files Available At: http://www.bea.gov/regional/reis/CA1-3fn.cfm, Accessed 8/14/07; U.S. Census Bureau, http://www.census.gov/govs/statetax/02staxrank.html, Accessed 8/15/07; U.S. Census Bureau, http://www.census.gov/govs/statetax/03staxrank.html, Accessed 8/15/07; U.S. Census Bureau, http://www.census.gov/govs/statetax/04staxrank.html, Accessed 8/15/07; U.S. Census Bureau, http://www.census.gov/govs/statetax/05staxrank.html, Accessed 8/15/07; U.S. Census Bureau, http://www.census.gov/govs/statetax/06staxrank.html, Accessed 8/15/07)

Per-Capita Personal Income In New York City Increased By 41.64%, From $137,261 In 1993 To $194,419 In 2001. (U.S. Department Of Commerce Bureau Of Economic Analysis, Regional Economic Information Systems, Downloadable Files Available At: http://www.bea.gov/regional/reis/CA1-3fn.cfm, Accessed 8/14/07)

Per-Capita Personal Income In Romney's Massachusetts Increased Only 18.04%. ("State Annual Tables 1929-2006," U.S. Department Of Commerce; Bureau Of Economic Analysis, http://www.bea.gov/regional/spi/default.cfm?series=summary , Accessed 8/14/07)

Giuliani Cut Over 640,000 People From City Welfare Rolls To The Lowest Number Since 1966. (City Of New York Human Resources Administration, January 1999 HRA/DSS Fact Sheet; City Of New York Human Resources Administration, December 2001 HRA/DSS Fact Sheet; City Of New York Office Of Operations, Reengineering Municipal Services 1994-2001, p. 111)

• 58.37% Decrease In Number Of Welfare Recipients, From 1.1 Million In January 1994 To 462,595 In December 2001. (City Of New York Human Resources Administration, January 1999 HRA/DSS Fact Sheet; City Of New York Human Resources Administration, December 2001 HRA/DSS Fact Sheet;)

• Giuliani Turned Welfare Offices Into Job Centers, Which Made 151,376 Placements Made In Fiscal Year 2001. (City Of New York Office Of Operations, Reengineering Municipal Services 1994-2001, p. 111)

• New York City's Workfare Program Required 20 Hours/Week Of Able-Bodied Recipients. (City Of New York Office Of Operations, Reengineering Municipal Services 1994-2001, p. 103)

• Over 250,000 Total Work Experience Program (WEP) Participants. (City Of New York Office Of Operations, Reengineering Municipal Services 1994-2001, p. 103)

• 35,599 WEP Participants At Program's Peak In 1999. (Independent Budget Office Of The City Of New York, "Welfare And Work," www.ibo.nyc.ny.us/newsfax/nwa61welfareandwork.html, 2/14/05)

Under Romney Administration, Welfare Caseload In Massachusetts Decreased Just 4.9%, From 64,949 In Fiscal 2004 To 61,714 In Fiscal 2007. (Massachusetts Health And Human Services Website, "Emergency Aid To The Elderly, Disabled, And Children, FY2004-FY2007," http://www.ma ss.gov/?pageID=eohhs2terminal&L=4&L0=Home&L1=Government&L2=Departments+and+Divisions&L3=Department+of+Transi tional+Assistance&sid=Eeohhs2&b=terminalcontent&f=dta_g_aboutdta&csid=Eeohhs2, Accessed 8/14/07; Massachusetts Health And Human Services Website, "Transitional Aid To Families With Dependent Children, FY2004-FY2007," http://www.mass.gov/?pageID=eo hhs2terminal&L=4&L0=Home&L1=Government&L2=Departments+and+Divisions&L3=Department+of+Tra nsitional+Assistance&sid=Eeohhs2&b=terminalcontent&f=dta_g_aboutdta&csid=Eeohhs2, Accessed 8/14/07)

Population In New York City Increased 10% During Giuliani's Tenure As Mayor, From 7.3 Million In 1993 To 8.0 Million In 2001. (New York City Office Of Comptroller, Annual Financial Report Of The Comptroller For Fiscal Year Ended June 30, 2003, p. 280)

Between 2002 And 2006, The Population In Massachusetts Increased By .09%, Placing It 48th In United States And Behind Puerto Rico. (U.S. Census Bureau, "2006 Population Estimates: United States – States and Puerto Rico," http://factfinder.census.gov, Accessed 4/22/07)

• Massachusetts Was One Of Only Two States To Lose Population 2 Years In A Row During Romney's Tenure. (U.S. Census Bureau, "2006 Population Estimates: United States – States and Puerto Rico," http://factfinder.census.gov, Accessed 4/22/07)

New York City's Average Budget During Giuliani's Tenure Was $35.4 Billion, Larger Than Every State Except California, New York, Ohio, Texas And Florida. (New York Office Of Management And Budget, City Of New York Executive Budget Fiscal Year City Of New York Office Of Management And Budget, City Of New York Executive Budget Fiscal Year 2002 Message Of The Mayor, p. 3; NASBO 1996 State Expenditure Report, p. 7; NASBO 1997 State Expenditure Report, p.7; NASBO 1998 State Expenditure Report, p. 6; NASBO 2000 State Expenditure Report, p. 6; NASBO 2002 State Expenditure Report, p. 6; NASBO 2003 State Expenditure Report, p. 6; NASBO 2004 State Expenditure Report, p. 6 (NASBO State Expenditure Reports Available At www.nasbo.org/publicationsReport.php, Accessed 3/12/07)

• During Romney's Term As Governor, Average Massachusetts Budget Was $23.6 Billion – 33.3% Smaller Than New York. (Commonwealth Of Massachusetts Website, Governor's Budget FY2008: Historical Spending, http://www.mass.gov/bb/fy2008h1/brec08/ga08/hodefault.htm, Accessed 8/20/07)

According To 2000 Census, New York City Had Larger Population (8.0 Million) Than All But 11 States. (U.S. Census Bureau, 2006 Population Estimates, http://factfinder.census.gov, Accessed 3/12/07; U.S. Census Bureau, New York City Fact Sheet, http://factfinder.census.gov, Accessed 3/12/07)

• U.S. Census Bureau Estimates Massachusetts 2006 Population Was 6.4 Million, Or 20% Smaller Than Giuliani's New York. (U.S. Census Bureau, "2006 Population Estimates: United States – States and Puerto Rico," http://factfinder.census.gov, Accessed 4/22/07)