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Q: How much has the federal debt gone up under Obama?
A: During his first three years in office, it rose $4.7 trillion, an increase of 45 percent. Partisan graphics circulating via email and Facebook are both incorrect.
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Tag Archives: budget
White House Displays ‘Washington Monument Syndrome’
The White House misleadingly suggests that the Republicans’ plan to pay for a payroll tax cut would result in “forcing cuts to things like education and medical research.” The bill passed by House Republicans mentions no such cuts. And while the bill may or may not require cuts to discretionary …
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Posted in The FactCheck Wire
Tagged budget, discretionary spending, education, White House
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Stockman’s Fiery Rhetoric
David Stockman claims that discretionary spending is "out of control." But it’s up just 1.6 percent this year. The former Reagan administration budget director caught our attention with an incendiary quote to The Fiscal Times news site, where he urged fellow Republicans to shut down the government if necessary to …
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Posted in The FactCheck Wire
Tagged budget, David Stockman, deficit, discretionary spending, tax cut, tax increase
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Dems, GOP Exaggerate Spending ‘Cuts’
Senate Democratic leaders, under pressure from Republicans to cut the budget, have been misleading the public by claiming they already have "cut" spending by $41 billion. The fact is that the Democrats haven’t "cut" any spending. Congress hasn’t passed a budget for fiscal year 2011, and the nonpartisan Congressional Budget …
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Posted in The FactCheck Wire
Tagged $41 billion, budget, Claire McCaskill, cuts, Dick Durbin
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Sunday Replay
We found a few claims worthy of comment on the Sunday political talk shows. On NBC’s "Meet the Press," Republican Sen. Richard Shelby of Alabama said that President Obama was being "misleading" when he boasted about General Motors and Chrysler repaying the government: "Meet the Press" host David Gregory: The …
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Posted in The FactCheck Wire
Tagged budget, General Motors, health care, Mitch McConnell, Richard Shelby, Saxby Chambliss, sunday morning talk shows, TARP
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