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 We wrote that the $79 billion figure was out of date because Iraq had since passed a $22.3 billion supplemental spending bill. Our criticism was based on a report from the Government Accountability Office. But we misread the report. The figure that Obama and Biden use is probably still too high,
We have updated our Ask FactCheck item on John McCain’s flying career to note new information uncovered by the Los Angeles Times. The newspaper found records of a Navy investigation into the crash of John McCain’s aircraft while he was in flight training in 1960. McCain and others have written that the plane went down in Corpus Christi Bay when the engine quit, but Navy investigators concluded that the engine was still running when the plane hit the water,
On MSNBC Wednesday morning, senior McCain advisor Nicolle Wallace said that John McCain won’t cut taxes for corporations, and that in fact he is “their worst nightmare.”
The quote is at about 5:10 in the above video, but if you rewind a bit, you’ll see host Joe Scarborough grilling Obama strategist Robert Gibbs on why Obama’s not proposing corporate tax cuts. Scarborough points out that other countries are reducing taxes on corporations and says that equivalent tax cuts are necessary to keep the U.S.
A few weeks ago, we wrote about the pervasive rumor that Sarah Palin, when she was mayor of Wasilla, Alaska, made women pay for their own forensic testing when reporting a rape. The verdict: This policy was enforced for at least some reported rapes in Wasilla, and in 2000, complaints about rape kit charges in Wasilla and other rural areas drove then-Gov. Tony Knowles to pass legislation requiring police departments to pay for the testing. The Wasilla police chief opposed the new state law and defended the practice,
The third-party group Committee for Truth in Politics has released an ad accusing Sen. Barack Obama of favoring early release for sexual offenders. We like the group’s name — hey, that’s what we’re all about! But we find it pretty misleading in the case of this ad, which includes a gross oversight on a 1999 vote. The end result is absurdly wrong.
Here’s the script of the ad (we couldn’t find a version of the video that would run properly on our site,
We published several tidbits here on The Wire during last night’s presidential debate. Our full article contains a few more misleading statements and falsehoods that we needed a little more time to research. Check it out on our main site:
FactChecking Debate No. 2
October 8, 2008
Nonsense in Nashville
It’s finger-pointing time again, with each candidates blaming the other for the financial crisis. McCain called Fannie Mae and Freddie Mac the “catalyst” for the crisis and blamed Obama for failing to sign on to a bill to rein in the FMs. Obama countered that it’s a culture of deregulation and lack of oversight that caused the problem.
We’ve been here before. Both candidates have a point: Democrats really have fought regulation of the FMs and McCain has in fact been in favor of deregulation.
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 government. McCain’s campaign e-mailed reporters with the following cost estimate:
McCain press release: The direct cost of this plan would be roughly $300 billion because the purchase of mortgages would relieve homeowners of “negative equity”
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, whether or not it is offset by decreases in spending elsewhere. A more traditional, and arguably more useful, measure of spending is how much a given candidate’s proposals will increase the federal deficit.
McCain said that Obama’s health care plan would mandate that “small businesses” provide coverage for their employees and would fine them if they failed to do so. Actually, Obama’s health care plan, posted on his Web site, says: “Small businesses will be exempt from this requirement.” McCain previously used this charge in his acceptance speech at the Republican National Convention.