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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: CBO
Stimulus Jobs: The Fine Print
The White House announced April 14 that a new report shows that the Recovery Act has been responsible for 2.2 million to 2.8 million jobs through the end of March. As always, we advise reading the fine print. As we’ve written before, it’s not possible to know what might have …
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Posted in The FactCheck Wire
Tagged arra, CBO, council of economic advisers, jobs, recovery act, stimulus
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AHIP on the Attack: 50 Percent of What?
Almost immediately after releasing an incomplete report on the supposed increase in premiums that the Senate’s health care overhaul bill would trigger, the health insurers’ trade group took to the airwaves with a TV ad claiming the bill would shortchange millions of seniors. This ad, which is sponsored by America’s …
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Posted in The FactCheck Wire
Tagged AHIP, CBO, health care, insurance, medicare, Medicare Advantage
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Long Term Debt Forecasts
Q: What’s a good source for the U.S.A.’s long-term debt, annual revenues and expeditures, and long-term deficit forecasts? A: The Congressional Budget Office publishes data on the federal government’s budget – that’s revenues and expenditures, deficits and debt. The Treasury Dept. is the best source for daily debt figures.





