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A Project of The Annenberg Public Policy Center

Obama’s Iraqi Accounting Oversight

Fox News commentator Bill O’Reilly conducted a sit-down interview with Democratic presidential candidate Barack Obama that is airing in four installments. (Parts three and four of the interview will air tonight and tomorrow night.)
The first segment was broadcast Thursday, and we noticed an accounting error on Obama’s part. When speaking about how much the U.S. is spending in Iraq, Obama added, “They’ve got $79 billion,” alluding to Iraq’s financial deposits and budget surplus. But that’s false.