The president’s budget counts on economic growth to reach a balance, but his tax cut plan also relies on that growth to remain revenue-neutral. Tax and budget experts say that’s double-counting the same money.
Ohio Gov. John Kasich took a swipe at New Jersey Gov. Chris Christie’s governance, saying “we have a balanced budget” but “they don’t over in New Jersey.” The state constitution requires New Jersey to have a balanced budget, and it does.
As we do every three months, we offer here a fresh update of selected statistical indicators of what has happened since Barack Obama first took the oath of office in January 2009.
Q: Did the CBO say Obamacare will cost $50,000 for every person who is insured?
A: No. A newspaper calculated the cost at $50,000 per newly insured person. But that’s over 10 years and covers more than just the previously uninsured.
In his State of the State address, New Jersey Gov. Chris Christie exaggerated some figures and boasted about progress that doesn’t look so impressive when compared with national trends.
A new ad from Louisiana Sen. Mary Landrieu takes liberties with the facts to make the claim that her opponent, Rep. Bill Cassidy, “voted to cut $86 million from Louisiana schools.”
This is another in our series of regular quarterly updates of key statistical indicators of the Obama presidency. Our intent is to provide accurate measures of what’s changed — for better or worse — since Obama first took office in January 2009.