When Republicans Attack Fox News

It is fun when Republican Rep. Steve LaTourette attacks Fox News on the House floor. Fox News falsely labeled the Create Jobs & Save Benefits Act a bailout for unions. the word "bailout" has become a talking point for Republicans. GOP strategist Frank Luntz has advised Republicans to label Democratic proposals as bailouts.

The Create Jobs & Save Benefits Act would strengthen multi-employer pension plans. There is no bailout money being used for pensions. The goals of the bill is to reduce the administrative cost and risks to private pension plans. The Department of Labor and Department of Treasury will be required to file a report on the progress on implemenation of CJBA. Fox News is attacking the bill because of it's union support.

LATOURETTE: They’ve run this diagram and it really is a, I think, blaspheming my good friend Pat Tiberi from Ohio and indicating that there are nine Republicans supporting a bill that will bail out unions. Well, that’s nonsense and I don’t know who the pin head and weenie is at Fox News that decided to put that story together. But the true facts of this piece of legislation are as follows. This bill will save the taxpayers by saying to those corporations that have union pension plans, if you find yourselves in a bind, rather than thrusting that upon the taxpayer, it spreads out over five years the ability to bring those pension plans up to speed. That’s good government, it’s a good bill. It’s a good Tiberi bill and I don’t know what they’re doing at Fox News, but they should stop smoking it and get back to reporting the facts.