Summary
We are issuing a split decision in the Obama vs. McCain dispute over whether proper tire inflation could save as much oil as expanded offshore drilling is likely to produce.
We find that proper tire inflation could save more than a billion gallons of fuel per year and do it several years sooner than expanded drilling could produce a single drop. McCain has exaggerated by representing Obama’s suggestion as a silly notion or implying that it constitutes his entire energy policy.
Stories by Brooks Jackson
More Tax Deceptions
Summary
McCain released three new ads with multiple false and misleading claims about Obama's tax proposals.
A TV spot claims Obama once voted for a tax increase "on people making just $42,000 a year." That's true for a single taxpayer, who would have seen a tax increase of $15 for the year – if the measure had been enacted. But the ad shows a woman with two children, and as a single mother, she would not have been affected unless she made more than $62,150.
Obama Quote Rumors
Q: Did Obama urge supporters to help him change “the greatest nation in the history of the world”?
A: No. Obama never said what’s being attributed to him in a number of chain e-mail messages. The line was meant as a joke about John McCain, Hillary Clinton and politicians in general.
Obama’s Overstatement
Summary
Obama released a TV spot saying McCain’s campaign got $2 million from "Big Oil" while McCain proposed "another $4 billion in tax breaks" for the industry.
The truth is that McCain’s campaign has received $1.33 million from individuals employed in the oil and gas industry, not $2 million. Obama himself has received nearly $400,000, according to the most authoritative figures available. We find the $2 million figure is based on a mistaken calculation.
The Truth on Troop Support?
Summary
The McCain campaign is running a TV ad attacking Obama with statements that are literally true but paint an incomplete picture.
It says he "voted against funding our troops." He did – exactly once. Obama cast at least 10 votes for war-funding bills before voting against one last year, after Bush vetoed a version that contained a date for withdrawal from Iraq.
It says he "hasn’t been to Iraq for years." He was headed there at the time the ad was released,
Presidential Debate Dates
Q: When is the first real debate between John McCain and Barack Obama? I’m really looking forward to it.
A: Not until Sept. 26, as things stand. But McCain wants more debates starting sooner and Obama has said he’s open to the idea. So far the two haven’t agreed on any dates, though.
Straining a Point
Summary
Obama released a national ad saying he would "fast-track alternatives" to imported oil. On closer examination, his proposal is to spend $150 billion over the coming decade on energy research. Ten years doesn't sound all that "fast" to us, and there's no guarantee that the research will result in less oil being imported.
Analysis
Sen. Barack Obama's campaign released the ad and said it would run on national cable TV networks starting July 17.
McCain’s Small-Business Bunk
Summary
McCain has repeatedly claimed that Obama would raise tax rates for 23 million small-business owners. It’s a false and preposterously inflated figure.
We find that the overwhelming majority of those small-business owners would see no increase, because they earn too little to be affected. Obama’s tax proposal would raise rates only on couples making more than $250,000 or singles earning more than $200,000.
McCain argues that Obama’s proposed increase is a job-killer. He has a point.
Viral Claims About Obama’s Tax Proposals
Q: Would Obama tax my profits if I sell my home? Would he tax my IRA? Would he tax my water?
A: No. A new e-mail being circulated about Obama's tax proposals is almost entirely false.
NAFTA’s Impact on Employment
Q: How many U.S. jobs have been lost since the inception of the North American Free Trade Agreement?
A: Actually, nearly 25 million jobs have been gained. Nearly all economic studies say NAFTA’s net effect on jobs was negligible.