Democrats make false and misleading claims about the impact of the House GOP budget plan on Medicare and the federal debt in automated phone calls placed in 13 districts. The robocalls, paid for by the Democratic Congressional Campaign Committee …
This ad says Republican Steve Pearce was "named one of the most corrupt members of Congress." We find that’s a bum rap. The ad also falsely attacks the former GOP congressman […]
New TV spots from two labor unions try to paint Democratic Sen. Blanche Lincoln of Arkansas as a slick politician who has done the bidding of big-business donors, such as oil companies. But the claims just don’t stick. One ad claims Lincoln “helped George Bush and Dick Cheney give oil and gas companies …
This Sunday’s collection of morning talkfests produced a few points worth noting, including distortions of Rand Paul’s use of the term "un-American," a bit of cherry-picking on job growth numbers […]
Obama was off the mark when he said that oil companies have “68 million acres that they’re not using.” As we’ve pointed out previously, those 68 million acres of land […]
McCain isn’t proposing a special tax break for oil companies, despite Joe Biden’s mention (more than once) of the $4 billion cut they’d get. As we’ve noted previously, McCain’s plan […]
Palin threw out an old canard when she criticized Obama for voting for the 2005 Energy bill, saying, “that’s what gave those oil companies those big tax breaks.” It’s a […]
Summary Obama released a TV spot saying McCain’s campaign got $2 million from "Big Oil" while McCain proposed "another $4 billion in tax breaks" for the industry. The truth is […]
Q: Does the government really make more in taxes from the sale of a gallon of gasoline than the oil companies do?
A: Possibly. Both taxes and profits account for a large share, but which is larger depends on too many unknown factors to allow for a clear answer.
Q: What kind of tax breaks does the U.S. give to oil companies and to corporations that send jobs overseas? A: Companies with overseas subsidiaries can keep their income untaxed […]