Defense Secretary Chuck Hagel blames Congress — and absolves President Obama — for the automatic budget cuts known as the sequester. But Obama supported and signed the bill that triggered the cuts.
Q: Is Lockheed Martin going to lay off 123,000 workers because of President Obama’s downsizing of the military?
A: No. Lockheed gave a “very rough” estimate of 10,000 potential layoffs (not 123,000) due to automatic spending cuts triggered by a 2011 bipartisan deficit-reduction bill. Obama and Congress are negotiating to avoid the cuts.
President Obama's claim "that we've already cut" $400 billion in defense spending is misleading. The president was referring to a Defense Department report that identified $178 billion in "efficiencies" over […]
Democratic Sen. Charles E. Schumer of New York exaggerated Defense Secretary Robert Gates’ plan to cut military spending during an exchange with Bob Schieffer on “Face the Nation.” Schumer criticized a […]
Out on the campaign trail, John McCain has been criticizing Barack Obama for proposing cuts in defense spending. But his criticism relies on a potentially misleading quote. And we found […]
Q: What about Ben & Jerry's chart saying 50% of federal spending is military?
A: Not true. The real figure is 19.4%.