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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: IRA
IRAs, 401(k)s and You
Q: Are congressional Democrats talking about confiscating IRA and 401(k) investment accounts? A: No. There’s no plan to seize these accounts. One House witness at a committee hearing proposed to allow some people to trade their old accounts for a new type that would be less risky.
Posted in Ask FactCheck
Tagged 401(k), Congress, Democrats, Harry Reid, IRA, Nancy Pelosi, taxes
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