Tag Archives: spending

Junkie Math

Posted on November 17, 2011

All sides agree that the federal government borrows too much, so why exaggerate? In the latest example, a national TV ad shows an actor portraying a drug addict and claiming that the U.S. is borrowing 41 cents of every dollar spent, which isn’t true. As shown in this chart, which …
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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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Deficit Arithmetic: Cut Everything 34% Now?

Posted on June 27, 2011

Without an increase in the debt ceiling, could Washington avoid default simply by cutting spending? That's what two leading Republicans, Rep. Michele Bachmann and Sen. Jim DeMint, urged over the weekend. What they didn't say is that this would require instant cuts of at least 34 percent in everything but …
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DCCC, Crossroads Usher in 2012 Campaign

Posted on February 8, 2011

Less than a month after the new Congress convened, House Democrats and a conservative outside group traded accusations (some bogus, some not) in the first ads of the 2012 campaign. The Democratic Congressional Campaign Committee started …
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Geithner’s GDP Whopper

Posted on July 28, 2010

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 …
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A False Attack on a Palin-backed “Mama Grizzly”

Posted on July 17, 2010

One of Sarah Palin’s annointed "Mama Grizzlies" is under attack in Georgia — for not being conservative enough to suit Republican primary voters. But we find the attack is misleading and makes false claims. In the race to be governor of Georgia, the Palin-backed candidate is Secretary of State Karen Handel. …
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Pork Radio

Posted on January 22, 2010

Former GOP presidential nominee John McCain is running attack ads again — this time against a fellow Republican who may contest his Senate seat this year. Hotline’s Reid Wilson has the script for a new radio spot McCain is running against former congressman (and current Arizona radio personality) J.D Hayworth, …
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Obama’s Health Care News Conference

Posted on July 23, 2009

President Obama tried to sell his health care overhaul in prime time, mangling some facts in the process. He also strained to make the job sound easier to pay for than experts predict. Obama promised once again that a health care overhaul “will be paid for.” But congressional budget experts say …
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The $79 Billion Iraqi Surplus, Reconsidered

Posted on October 13, 2008

We’ve criticized both Barack Obama and Joe Biden several times now for claiming that the U.S. is spending $10 billion a month to Iraq while that nation is sitting on a $79 billion surplus. We wrote that the $79 billion figure was out of date because Iraq had since passed a …
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Big Spender?

Posted on October 7, 2008

McCain once again attacked Obama for proposing new spending, putting the figure at more than $860 billion. But at the same time, McCain himself began the debate by proposing a new spending program, to buy up troubled mortgages directly from homeowners and replace them with 30-year loans guaranteed by the …
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