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A Project of The Annenberg Public Policy Center

Dueling Fiscal Cliff Deceptions

Dueling Fiscal Cliff Deceptions

A fog of misinformation has settled on the fiscal cliff, as both House Speaker John Boehner and Treasury Secretary Timothy Geithner have traded conflicting, misleading and false statements in recent days on the president’s deficit-reduction plan:

Geithner falsely claimed on “Fox News Sunday” that the president’s proposals to slow Medicare growth are “not shifting costs to seniors.” There are four proposals that would increase costs to some seniors by $32.9 billion over 10 years, beginning in 2017,

Obama White House ‘Full of Wall Street Executives’?

Obama White House ‘Full of Wall Street Executives’?

A conservative group exaggerates the number of “Wall Street executives” in the Obama White House. In a major TV ad buy, the American Future Fund lists 27 people it claims are part of “Obama’s Wall Street Inner Circle.” But the ad is either flat wrong or greatly exaggerated in more than half of those cases. Among the most laughable examples we found of “Wall Street executives” in Obama’s “inner circle”:

A “White House fellow,” class of 2009-2010,

Geithner’s GDP Whopper

Treasury Secretary Timothy Geithner made a false claim about the size of government spending being proposed by the Obama administration.
On NBC’s "Meet the Press" July 25, he said the president is proposing spending "as a share of our economy" that is "lower" than it was during the Bush administration and "comparable" to what it was under Ronald Reagan. Neither claim is true.
The administration’s own estimates project spending next year that is higher as a percentage of the economy than in any year since the end of World War II.

‘Blame Dodd’ Attacks Ignore Facts

Some Republicans have been quick to blame Democratic Sen. Chris Dodd of Connecticut for allowing big bonus payments to AIG executives. They get the facts backward. The public record shows Dodd authored an amendment that would have prevented “any bonus” being paid to top executives of firms getting bailout money …