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A Project of The Annenberg Public Policy Center

‘Record Revenues’

‘Record Revenues’

Republicans claim the federal government will “collect more revenue in 2013 than ever before.” But that’s only true in raw dollars, not as a percentage of gross domestic product, which accounts for growth in population, inflation and earnings.

A Texas-size Whopper

Texas Rep. Jeb Hensarling, at a nationally televised meeting of House Republicans in Baltimore, accused President Obama to his face of running up deficits a dozen times greater than the GOP’s. The president said, "That’s factually just not true, and you know it’s not true," and he invited "any independent fact-checker out there" to assess which man got the facts right.
OK, we will.
We have to score this one for Obama. Hensarling told a Texas-size whopper —