Tag Archives: spending

Obama’s Health Care News Conference

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

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 We wrote that the $79 billion figure was out of date because Iraq had since passed a …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?

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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More on that $860 billion

McCain said that Obama has proposed $860 billion in new spending. That’s based on a McCain campaign estimate of how much Obama’s new proposals will cost, without figuring in any savings or reductions in spending. Any increase in funding and any created program counts as “new spending” in this estimate, …
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McCain’s $6.8 Billion Boast

McCain repeated a questionable boast when he said, “I saved the taxpayers $6.8 billion” by reining in a defense contract. As we mentioned in our analysis of the first debate, there is more to the story. McCain certainly did lead a fight to kill the contract, and the effort ended …
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Fact-Checking…’The View’?

We generally don’t take it upon ourselves to parse ABC’s morning gabfest. But we noticed that when the chat turned to Palin’s record on earmarks McCain got it wrong. He was correct on one point: Palin vetoed $500 million in spending as governor. She axed over $230 million in state …
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