Tag Archives: taxes

Obama’s Numbers (Quarterly Update)

Reviewing some key statistical measures of Barack Obama’s presidency so far, we find: The economy has added more jobs since Obama took office than it did in his predecessor’s entire eight years in office. Despite the improved economy, the number of people receiving food-stamp assistance has continued to grow …
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McConnell Fudges Fiscal Facts, Too

Senate Republican Leader Mitch McConnell twisted some fiscal facts in his appearances on the Sunday talk show circuit: McConnell said the Obama administration has “driven spending as a percentage of our economy from 21 percent up to almost 25 percent.” But it was already projected to be almost 25 percent …
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Fudging on the Fiscal Cliff Deal

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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Dueling Fiscal Cliff Deceptions

A fog of misinformation has settled on the fiscal cliff, as both House Speaker John Boehner and Treasury Secretary Timothy Geithner have traded conflicting, misleading and false statements in recent days on the president’s deficit-reduction plan: Geithner falsely claimed on “Fox News Sunday” that the president’s proposals to slow Medicare …
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Facing Facts on Fiscal Cliff

The U.S. faces the possibility of another recession — the third in 11 years — if President Obama and Congress cannot find a way to avoid the so-called fiscal cliff. The one-two combination of massive tax increases and spending cuts …
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Whoppers of 2012, Final Edition

With only days to go until Election Day 2012, we look here at the most egregiously false and misleading claims from the entire presidential campaign. Some examples …
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New Obama Ad Repeats Old Distortions

A new Obama campaign ad repeats old distortions in a homestretch appeal to voters. The ad claims Romney would make “catastrophic cuts to education,” but the ad cites an editorial that says Romney has promised to cut discretionary spending — not necessarily education. The ad repeats the claim that Romney’s tax plan …
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Homestretch Fact-Stretchers

In the homestretch to Election Day, both sides stretch the facts in their TV spots. President Obama greatly exaggerates his differences with Mitt Romney over troop withdrawals from Iraq and Afghanistan, while Romney repeats a false claim that the president plans a $4,000 tax increase on “the middle class.” First …
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FactChecking the Hofstra Debate

The second Obama-Romney debate was heated, confrontational and full of claims that sometimes didn’t match the facts. Obama challenged Romney to “get the transcript” when Romney questioned the president’s claim to have spoken of an “act of terror” …
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Talking Tax Breaks for Offshoring

Q: Do companies get a tax break for shipping U.S. jobs overseas? A: Not specifically for that reason. But companies can deduct business expenses, including the cost of moving a job to another state or even out of the country.

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