Tag Archives: federal budget

‘Record Revenues’

Posted on March 21, 2013

Republicans claim the federal government will “collect more revenue in 2013 than ever before.” But that’s only true in raw dollars, not as a percentage of gross domestic product, which accounts for growth in population, inflation and earnings.
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GOP Budget Revives ‘Obamacare’ Claims

Posted on March 12, 2013

The release of the House GOP budget by Rep. Paul Ryan has sparked a resurgence of false and misleading claims about the Affordable Care Act, which the budget seeks to largely repeal. On the Sunday talk shows, Rep. Debbie Wasserman Schultz, the head of the Democratic National Committee, and Sen. …
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Underselling the Sequester Cuts

Posted on March 5, 2013

An ad from a fiscally conservative group makes a true but misleading claim that the sequester only amounts to “a 3 percent cut in federal spending.” A majority of federal spending is exempt from the sequester cuts, so the parts that are not will be cut much more deeply than …
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Boehner’s Revenue Reach

Posted on February 28, 2013

House Speaker John Boehner claimed the federal government will take in more revenue this year than any other year in history. That’s true in nominal dollars, but not as a percentage of gross domestic product — a measure preferred by most economists that accounts for growth in population, inflation and …
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Fudging on the Fiscal Cliff Deal

Posted on January 4, 2013 , Updated on Jan. 4, 2013

In a Web video, President Barack Obama leaves out some key facts about the fiscal cliff deal, possibly leaving the wrong impression about its impact on taxpayers and the deficit: Obama boasts that “middle-class families” will not have to “pay upwards of $2,000 more in taxes this year.” That’s accurate …
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Fall Preview: Obama vs. Romney (and Ryan)

Posted on April 6, 2012

President Obama says Mitt Romney has embraced a budget that could throw hundreds of thousands of children out of Head Start classrooms, eliminate air traffic control services in some places, and “ultimately end Medicare as we know it.” Romney says that’s just “rhetorical excess” and …
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Fiscal FactCheck

Posted on July 15, 2011

Washington’s spending has recently been higher as a percentage of the nation’s economic output than at any time since World War II. But by the same measure, Washington’s revenues are the lowest in more than 60 years. …
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