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.
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 —