Former Sen Jon Kyl: Let’s Debunk The Myth That Prop. 123 Will Hurt Us

[pullquote align=”right” cite=”” link=”” color=”” class=”” size=””]Former senator: I’m baffled by claims that Proposition 123 will do irreparable harm to Arizona’s permanent fund.[/pullquote]

I strongly support Prop. 123 and am baffled by opposition to it, most of which seems to claim it will do irreparable harm to the state’s permanent fund.

Jon KylThis simply isn’t true.

To help Arizona transition from a frontier territory to the 48th state, the federal government turned over to the new state about 11 million acres of land, to be held in trust for the support of public needs, the first and foremost of which was K-12 education.

The state accomplishes that role by selling and leasing state trust lands to produce revenue. The revenue from the sale of state trust lands are deposited into Arizona’s permanent fund. The money in the permanent fund is then invested by the state in stocks, bonds and other investments and produce additional returns.

We’re dipping into interest, not the fund

Arizona’s permanent fund is currently worth about $5 billion, and the trust earns money each year, with an average rate of return over 6.9 percent for the past 10 years.

Right now, 2.5 percent of the value of the permanent trust fund is distributed on an annual basis to beneficiaries like K-12 public schools. Voting “yes” on Prop. 123 would increase the distribution amount to 6.9 percent (roughly $342 million per year) from 2.5 percent (roughly $125 million per year) for a period of 10 years.

Given that the permanent fund has averaged a rate of return in excess of this proposed 6.9 percent distribution for the past 10 years, which includes the depths of this past recession, we should view Prop. 123 as an agreement to distribute the anticipated interest from the permanent fund to the trust beneficiaries – and not as an agreement to dip into the $5.1 billion corpus of the permanent fund.

Trust also includes $70 billion in land

We also shouldn’t lose sight of the fact that the trust is composed not only of the $5.1 billion in the permanent fund, but also of the value of the remaining state trust lands, which have a current estimated value of some $70 billion.

As urban growth has reached formerly outlying areas of state trust land, it stands to reason that this value will very likely increase in future years as expanding infrastructure and growth drive values to those lands.

Using $3.5 billion of that combined $75 billion of value over the next 10 years to help educate our K-12 kids is hardly a wasteful dissipation of the trust assets. Indeed, the combined values of the state trust lands and permanent trust fund should very well be even greater in 10 years based on current and expected trends. In any event, the myth of destruction of the trust needs to be exposed.

Why not put this cash to better use?

Prop. 123 does not mandate the sale of any part of the land being held in trust for K-12. That asset will continue to be managed in the best manner possible to provide for this generation of students as well as future generations.

Prop. 123 does put appropriate pressure on the state to ensure it performs its role in producing a quality revenue stream to support the intended beneficiaries of the trust, including our K-12 system.

Here is my question. From what do we get greater value: sitting on the assets in the trust (earning a bit), or investing $3.5 billion to better educate millions of Arizona kids today?

An educated citizenry is the best guarantee of economic growth and societal health. In other words, this human capital will be much more valuable for the state than keeping the assets in the trust, which is supposed to exist to help educate our youth.

In addition, this funding will also satisfy a legal obligation resulting from court decisions holding that the state government had not devoted sufficient appropriations to K-12 education in the past. Without Prop. 123, it is likely a tax increase would be necessary to meet this legal obligation.

Let us keep in mind that the trust was intended from the beginning to provide support for our K-12 system. Rather than allowing the trust to continue to underfund our current students, we should support Prop. 123 and put those funds to work in our classrooms now.

Former U.S. Sen. Jon Kyl is senior counsel at Covington and Burling in Washington, D.C. 

ICYMI: The Hugh Hewitt – Doug Ducey Ice Cream Social Interviews!

Ducey

Monday’s live broadcast with Hugh Hewitt and ice cream social with local elected officials was a huge success! I’m grateful to everyone who attended or tuned-in during the three-hour show to learn more about what I want to accomplish as Arizona’s next governor.

If you missed it, click the play button or bolded “click here” text below to listen to individual segments from your favorite elected officials.

CLICK HERE to listen to Wisconsin Governor Scott Walker • CLICK HERE to listen to former Senator John Kyl • CLICK HERE to listen to Congressman Trent Franks • CLICK HERE to listen to former Congressman John Shadegg • CLICK HERE to listen to Maricopa County Attorney Bill Montgomery • CLICK HERE to listen to Arizona State Representative Paul Boyer • CLICK HERE to listen to City of Phoenix Councilman Sal DiCiccio • CLICK HERE to listen to The Goldwater Institute’s Clint Bolick

I’d especially like to thank Wisconsin Governor Scott Walker, Congressman Trent Franks, former Senator Jon Kyl, former Congressman John Shadegg, Maricopa County Attorney Bill Montgomery, Arizona State Representative Paul Boyer, City of Phoenix Councilman Sal DiCicco and The Goldwater Institute’s Clint Bolick for joining me and Hugh on-air to discuss Arizona’s future and why they’re supporting my campaign.

There was no denying the enthusiasm at this event, for both Arizona’s future and my campaign. I’m confident that with your help, we will see success in August and beyond.

See you on the campaign trail,

Doug

Senator Jon Kyl Endorses Andy Tobin for Congress

Andy Tobin

April 24, 2014

FOR IMMEDIATE RELEASE

Senator Jon Kyl Endorses Andy Tobin for Congress

“Andy Tobin is the battle-tested conservative that rural Arizona needs…”

Citing Tobin’s battle-tested track record of fighting for Arizona’s natural resources, economic development and integrity as a lawmaker, today Senator Jon Kyl endorsed Andy Tobin’s campaign for U.S. Congress. Kyl’s endorsement comes just three days after Republican Presidential Nominee and Governor Mitt Romney endorsed Tobin’s congressional campaign.

Andy Tobin is the battle-tested conservative that rural Arizona needs,” said Senator Jon Kyl. “In a time when strong, experienced, honest and straightforward candidates are hard to come by, Andy stands out. He has been successful in fighting for economic development opportunities, job creation and individual freedoms for Arizonans.”

Senator Kyl continues, “I’m confident Andy will be focused on the needs of Arizona, including our vital natural resources. He understands the relationship between good resource management and rural economic opportunity. Andy has been fighting to shield Arizona from the disastrous ObamaCare law since 2008, and he has fought to protect worker’s right to a secret ballot. He has proven to faithfully represent Arizona’s conservative values. Andy is a tireless worker and my choice for Congressional District One. I hope you will join me in doing all we can to send a fine Arizona conservative to Washington.”

“Senator Kyl and I go back a long way,” said Tobin. “His support for my campaign both energizes and humbles me. We both have a deep appreciation for how much work this type of undertaking requires. We have already logged thousands of miles traveling around the district and hundreds of hours on the phones seeking counsel from supporters, elected officials and grassroots activists. We’ve come a long way in Arizona. Now is the time that we must come together to send a proven conservative with a track record of advocating for Arizona to Washington. I believe that Senator Kyl’s endorsement goes a long way toward achieving our collective goal. I sincerely thank him for his support and confidence.”

ABOUT ANDY TOBIN:

Andy Tobin and his wife of 28 years, Jennifer, are the proud parents of five children- three daughters and two sons. Tobin is a small business owner who has devoted his life to positively affecting his community through job creation, public service and advocating for conservative principles. Tobin’s focus has been on creating sustainable jobs, helping small businesses succeed, building a stronger middle class and putting Arizona back on track. While serving as Speaker of the Arizona House of Representatives, Tobin drastically cut government by 25 percent, balanced Arizona’s budget and presided over the largest tax cuts in Arizona’s history, saving Arizona taxpayers millions of dollars.

Tobin has fought for your family’s freedoms, your prosperity and your community for the past six years while serving in the Arizona Legislature. He continues to lead the fight to stop the implementation of the disastrous ObamaCare. As your Representative in Congress, Andy Tobin will represent your voice, and lead the charge in fighting for you against the wasteful spending, government intrusion, and out-of-touch insiders that are taking away your freedoms.

Join Andy Tobin today!

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For more information, please contact Tobin for Congress Campaign Manager Craig Handzlik at press@andytobin.com or 928-275-1417.

Former Senator Jon Kyl to Endorse Mark Brnovich for Attorney General

For months I have been arguing that the race for Arizona Attorney General was going to demonstrate a change in the modus operandi of this political race. Incumbents rarely suffer a credible challenge from within the party but that appears to be what’s taking place in the nomination contest between current Attorney General Tom Horne and his challenger, Mark Brnovich.

Yesterday, we learned that former US Senator Jon Kyl is set to endorse Brnovich when a letter was leaked to the public between Kyl and southern Arizona’s most influential political kingmaker, Jim Click. Here’s a copy of the letter:

KylBrnoEndorsement

 

Let’s just say you know you’re in trouble as an incumbent when one of Arizona’s most popular and influential US Senators comes out in support of your challenger.

And Senator Kyl speaks for many Republicans when he infers that a Horne nomination will guarantee that the Arizona AG’s office will fall to the Democrats in November.

What should be most invigorating and encouraging to the Brnovich campaign is Senator Kyl’s personal endorsement in the letter to Click stating, “Mark Brnovich is principled, intelligent and hardworking.”

This is like a shot of adrenalin to the campaign.

Kyl continues,

“He is a talented lawyer and accomplished prosecutor. He understands that the principles of limited government, free enterprise, individual liberty, and the rule of law are cornerstones of our Republic.”

Let me emphasize. US Senators rarely make endorsements in a primary contest – especially one in which the incumbent is of the same political party.

Yes, this is a real political coup for the Brnovich campaign and the campaign can only gain more momentum as Republicans conclude that Mark Brnovich is our best qualified candidate to retain this important seat in November.

Senator Jon Kyl to Head Policy Group for Doug Ducey Exploratory Committee

Doug Ducey

Arizona State Treasurer Doug Ducey announced today that former Senator Jon Kyl has agreed to lead a group of policy advisers for his recently-announced exploratory committee for the 2014 governor’s race.

“Throughout his career Jon Kyl has proven himself to be one of the most thoughtful, perceptive and patriotic public servants in the country,” said Ducey. “His entire public life is built on substance and solutions, and I’m delighted that he is standing with us, providing the benefits of his knowledge and wisdom in the days ahead.”

“Doug Ducey’s leadership style is to first ground himself in the substance of the critical issues facing our state. I respect that,” said Senator Kyl. “His skills, his knowledge of business management, his conservative credentials, and his proven record as State Treasurer are precisely what are needed for Arizona.”

Senator Kyl will be leading a policy group for Ducey 2014 that includes:

    • Cathi Herrod, highly respected lawyer and Arizona’s leading advocate for the foundational values of life, traditional marriage and family, and religious liberty.
    • The Honorable Robert Fannin, former U.S. Ambassador to the Dominican Republic, former Chair of the Arizona Republican Party, and a highly respected leader in business and law.
    • The Honorable Bill Montgomery, Maricopa County Attorney. A West Point Graduate who received the Bronze Star for his service in the Gulf War. He then graduated Magna Cum Laude from the ASU College of Law receiving the Order of the Coif.
    • Lea Marquez Peterson, an entrepreneur and advocate for the Southern Arizona business community. Lea runs the largest Latino business organization in the State of Arizona.
    • Randy Kendrick, lawyer, founder and past president of the Virginia Women Attorneys Association, health care policy expert, and philanthropist.

Ducey added, “I’m fortunate to have such policy grounded leaders advising me, and I’m grateful to each of them for giving time and energy to my exploratory committee for governor.”

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Arizona Republican Party Raises $225,000 Saluting Arizona’s Republican Lawmakers

Arizona Republican Party

PHOENIX – Arizona Republican Party Chairman Robert Graham today thanked the nearly 400 attendees at last night’s GOP Legislative Salute that raised $225,000 for the State Party. Keynote speaker Frank Luntz urged those in attendance to remember that the GOP’s strength comes from our authentic commitment to protecting taxpayers, our long-term approach to challenges, and our insistence on holding our government leaders accountable.

“What made this event so successful is the combination of our supporters working together, uniting behind our common goals, and sharing in our plans for victory in 2014,” said Robert Graham, Chairman of the Arizona Republican Party. “We’ve proven in the short time since the last election that we’re newly energized, we’re committed to the mission of our Republican platform, and last night was a true demonstration there are tremendous resources now available to help us win.”

Governor Brewer spoke to the audience and received a standing ovation, and she thanked Chairman Graham for his leadership. Governor Gregory Mendoza of the Gila River Indian Community presented the AZGOP’s Lifetime Achievement Award to U.S. Senator Jon Kyl. Kyl retired early this year after a lifetime of service to the GOP, our state, and our country. The event featured a special tribute in honor of Speaker of the House Andy Tobin and Senate President Andy Biggs which can be viewed here.

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The Arizona Republican Party also released the following video as part of the salute:

Seven Arizona Members of Congress Honored as Guardians of Small Business by NFIB

McCain, Kyl and 5 Arizona Congressmen earn perfect 100% scores

WASHINGTON, D.C., Sept. 12, 2012 – The National Federation of Independent Business (NFIB), the nation’s leading small-business association, today named 294 members of Congress as Guardians of Small Business for their outstanding voting record on behalf of America’s small-business owners in the 111th Congress.

NFIB President and CEO Dan Danner praised the Senators and Representatives for “standing up for small business.”

In announcing the winners of the coveted Guardian of Small Business award, Danner said, “Small-business owners pay close attention to how their lawmakers vote on the issues affecting their businesses. The Guardian award is a symbol of sincere appreciation from the small-business community for votes that supported their ability to own, operate and grow their businesses.

“Small-business owners are also known to show their gratitude or disappointment at the ballot box. This November, NFIB members will know that these members of Congress are true small-business champions.”

Guardian awards are given to U.S. Senators and Representatives who vote favorably on key small business issues at least 70 percent of the time.

The following NFIB Guardian Award Winners for the 112th Congress representing Arizona all scored 100 percent:

U. S. Senate

Sen. Jon Kyl   

Sen. John McCain   

(with 45 senators from other states)

U. S. House of Representatives

Rep. Jeff Flake

Rep. Trent Franks

Rep. Paul Gosar

Rep. Ben Quayle

Rep. David Schweikert

(with 242 representatives from other states)

EDITOR’S NOTE: To view How Congress Voted, which has the key small-business votes and voting percentages for each lawmaker, go to http://www.NFIB.com/hcv.

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NFIB is the nation’s leading small business association, with offices in Washington, D.C. and all 50 state capitals. Founded in 1943 as a nonprofit, nonpartisan organization, NFIB gives small and independent business owners a voice in shaping the public policy issues that affect their business. NFIB’s 350,000 members send their views directly to state and federal lawmakers through our unique member-only ballot, thus playing a critical role in supporting America’s free enterprise system. NFIB’s mission is to promote and protect the right of our members to own, operate and grow their businesses. More information about NFIB is available online at www.NFIB.com/newsroom.

Jon Kyl Endorses Jeff Flake for U.S. Senate

Jeff Flake

New TV Ad: Jon Kyl says that Jeff Flake is His Choice, the Best Choice, for Arizona’s Next U.S. Senator

Calls Flake an “honest, thoughtful conservative” and “effective reformer”

PHOENIX – One of Arizona’s most respected public servants, U.S. Senate Republican Whip Jon Kyl appears in a new statewide television ad to underscore his support for Jeff Flake to become Arizona’s next United States Senator.

Senator Kyl – who made it clear early on that he had hoped to stay out of the race to succeed him in the Senate – has been troubled by mischaracterizations of Jeff Flake by his opponent, Wil Cardon. Kyl, who has served with Flake in Arizona’s congressional delegation, is telling voters about Jeff Flake’s real record as “an honest, thoughtful conservative” who has “already shown he’s an effective reformer.”

“I greatly admire Senator Kyl and, like all Arizonans, feel an immense sense of gratitude for his service to the state and this nation,” said Flake. “He is a guiding light to conservatives on issues like fiscal responsibility and national security. But it has also been his steady leadership on Arizona issues – water rights, forest health policy, minerals, mining and pubic lands – that he will be forever appreciated in this state.”

The ad begins airing statewide today on broadcast and cable television.

ICYMI: Jon Kyl Discusses President Obama’s Push to Raise Taxes on Americans Business Owners

http://www.youtube.com/watch?v=KGCCkzHmoOw

Republicans on Immigration Issues and the Latino Vote

Here’s a quick wrap-up of what Republicans have been saying on President Obama’s non-enforcement measure, immigration and the Latino vote:

First my comments:

Next, Congressman Schweikert’s comments:

Click Here To view Reactions to Obama’s immigration executive order!

Then Senator Jon Kyl commented on Fox News:

Senator John McCain on Meet the Press:

Finally, Governor Mitt Romney at the National Association of Latino Elected Officials:

http://www.youtube.com/watch?v=OkHHd_7llEo

And if you’re curious, here is what the Republican Party Platform says on “Immigration, National Security, and the Rule of Law”

Immigration policy is a national security issue, for which we have one test: Does it serve the national interest? By that standard, Republicans know America can have a strong immigration system without sacrificing the rule of law.

Enforcing the Rule of Law at the Border and Throughout the Nation

Border security is essential to national security. In an age of terrorism, drug cartels, and criminal gangs, allowing millions of unidentified persons to enter and remain in this country poses grave risks to the sovereignty of the United States and the security of its people. We simply must be able to track who is entering and leaving our country.

Our determination to uphold the rule of law begins with more effective enforcement, giving our agents the tools and resources they need to protect our sovereignty, completing the border fence quickly and securing the borders, and employing complementary strategies to secure our ports of entry. Experience shows that enforcement of existing laws is effective in reducing and reversing illegal immigration.

Our commitment to the rule of law means smarter enforcement at the workplace, against illegal workers and lawbreaking employers alike, along with those who practice identity theft and traffic in fraudulent documents. As long as jobs are available in the United States, economic incentives to enter illegally will persist. But we must empower employers so they can know with confidence that those they hire are permitted to work. That means that the E-Verify system—which is an internet-based system that verifies the employment authorization and identity of employees—must be reauthorized. A phased-in requirement that employers use the E-Verify system must be enacted.

The rule of law means guaranteeing to law enforcement the tools and coordination to deport criminal aliens without delay – and correcting court decisions that have made deportation so difficult. It means enforcing the law against those who overstay their visas, rather than letting millions flout the generosity that gave them temporary entry. It means imposing maximum penalties on those who smuggle illegal aliens into the U.S., both for their lawbreaking and for their cruel exploitation. It means requiring cooperation among federal, state and local law enforcement and real consequences, including the denial of federal funds, for self-described sanctuary cities, which stand in open defiance of the federal and state statutes that expressly prohibit such sanctuary policies, and which endanger the lives of U.S. citizens. It does not mean driver’s licenses for illegal aliens, nor does it mean that states should be allowed to flout the federal law barring them from giving in-state tuition rates to illegal aliens, nor does it mean that illegal aliens should receive social security benefits, or other public benefits, except as provided by federal law.

We oppose amnesty. The rule of law suffers if government policies encourage or reward illegal activity. The American people’s rejection of en masse legalizations is especially appropriate given the federal government’s past failures to enforce the law.

Embracing Immigrant Communities

Today’s immigrants are walking in the steps of most other Americans’ ancestors, seeking the American dream and contributing culturally and economically to our nation. We celebrate the industry and love of liberty of these fellow Americans.

Both government and the private sector must do more to foster legally present immigrants’ integration into American life to advance respect for the rule of law and a common American identity. It is a national disgrace that the first experience most new Americans have is with a dysfunctional immigration bureaucracy defined by delay and confusion; we will no longer tolerate those failures.

In our multiethnic nation, everyone – immigrants and native-born alike – must embrace our core values of liberty, equality, meritocracy, and respect for human dignity and the rights of women.

One sign of our unity is our English language. For newcomers, it has always been the fastest route to prosperity in America. English empowers. We support English as the official language in our nation, while welcoming the ethnic diversity in the United States and the territories, including language. Immigrants should be encouraged to learn English. English is the accepted language of business, commerce, and legal proceedings, and it is essential as a unifying cultural force. It is also important, as part of cultural integration, that our schools provide better education in U.S. history and civics for all children, thereby fostering a commitment to our national motto, E Pluribus Unum.

We are grateful to the thousands of new immigrants, many of them not yet citizens, who are serving in the Armed Forces. Their patriotism is inspiring; it should remind the institutions of civil society of the need to embrace newcomers, assist their journey to full citizenship, and help their communities avoid patterns of isolation.

Welcoming Refugees

Our country continues to accept refugees from troubled lands all over the world. In some cases, these are people who stood with America in dangerous times, and they have first call on our hospitality. We oppose, however, the granting of refugee status on the basis of lifestyle or other non-political factors.