A conservative super PAC that helped foster the tea party movement.
Person: Richard Lugar
Fouling Lugar’s Foe
The Republican primary for Sen. Richard Lugar’s seat is apparently too close for comfort. Both Lugar’s campaign and the American Action Network are airing misleading attack ads against Indiana Treasurer Richard Mourdock, the senator’s challenger for the nomination. The ads strain the facts to make Mourdock look like a tax cheat who makes bad investments and does not show up for work.
The AAN ad claims that “Hoosier pensions and other funds lost millions” because of Mourdock’s “big bet on junk bonds.”
Did Lugar ‘Bail Out’ NYC?
Club for Growth exaggerates when it claims Sen. Richard Lugar voted to bail out New York City "back in the 1970s" at a cost of $9.4 billion. Lugar was mayor of Indianapolis when Congress passed the famous 1975 New York City bailout. He did vote for a 1978 bill that provided the city with $1.65 billion in federal loan guarantees — but it cost federal taxpayers $0.
The main point of the ad is also exaggerated.