An ad from a fiscally conservative group makes a true but misleading claim that the sequester only amounts to “a 3 percent cut in federal spending.” A majority of federal spending is exempt from the sequester cuts, so the parts that are not will be cut much more deeply than that. For example, defense spending (other than for military personnel) will be cut by 8 percent across the board, and nondefense discretionary spending will be cut by between 5 percent and 6 percent.
This Republican talking point aims to blame President Obama for more than $1 trillion in automatic, across-the-board cuts in domestic and defense spending that — without action by Congress — are scheduled to take effect on March 1. But the reality is that the pending cuts would not be possible had both Democrats and Republicans not supported the legislation that included them. …
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 — actually 24.9 percent — in fiscal year 2009 even before Obama took office.
He also said “99 percent of Americans will not see their taxes go up”
Mitch McConnell incorrectly claimed that oil production is “up 96 percent on state-owned land and private land,” which isn’t close to being true. Production rose 11 percent on those lands in fiscal year 2011, the period to which McConnell alluded. Even over the last five fiscal years, the rise has been 15 percent — not even one-sixth as large as he claimed.
The Senate Republican Leader’s flub occurred on CNN’s “State of the Union” April 1.
The last few weeks have been filled with debate, accusations, stalemate and false claims about the debt ceiling and how — and whether — it should be raised. As the Aug. 2 default deadline looms, here’s a look at the less-than-factual talking points …
Sen. Mitch McConnell wrongly claimed President Obama "rejected the only plan the Democrats have proposed" to raise the debt ceiling. That's not true. The White House has explicitly supported the proposal.
The Senate minority leader made the false statement in a July 26 speech on the Senate floor.
McConnell, July 26: Last night the president rejected not just the only proposal that has passed either house of Congress, he rejected the only plan the Democrats have proposed as well —
Sen. Mitch McConnell and Rep. Xavier Becerra made misstatements about the debt ceiling debate and Social Security. McConnell, R-Ky., was incorrect when he claimed that "nobody is talking about not raising the debt ceiling." In fact, Rep. Michele Bachmann said she would not vote to raise the debt limit in her first presidential ad that began airing on Friday.
Becerra, D-Calif., repeated a false Democratic talking point when he claimed that "Social Security hasn't contributed 1 cent to …
Sen. Mitch McConnell strained the facts when he claimed that "[w]e look a lot like Greece already." The public debt of Greece is double that of the U.S. in relation to the size of each nation's economy
McConnell made his comment in a July 6 news conference held prior to a meeting with President Barack Obama. It's an exaggeration he's made before. In a June 23 appearance on the Fox News Channel, for example, he said:
Conflicting, false and misleading statements on oil production and gasoline prices have become the currency of politicians lately, as oil tops $100 per barrel and gasoline hovers near $4 per gallon. Among some of the claims that got our attention …
President Barack Obama and Sen. Mitch McConnell used the same data to score apparently conflicting points about U.S. dependency on foreign oil. Obama said oil imports account for less than half of consumption, while McConnell said 60 percent of our oil comes from abroad.
Both can claim to be correct, depending on how you interpret the data. But Obama was using the figure preferred by energy experts.
With gas prices rising, the United States’ dependence on imported oil is once again in the spotlight and has been the source of debate between the two parties in Washington.