Mitt Romney falsely claims in a series of TV ads that President Obama “will raise taxes on the middle class by $4,000.” That’s nonsense. The ads cite a conservative group’s study, but even the group itself doesn’t say Obama will raise taxes on middle-income taxpayers. It says his budget could result in a “potentially higher tax burden” over the next 10 years.
In fact, the group’s study considered two other budget scenarios —
Q: Do companies get a tax break for shipping U.S. jobs overseas?
A: Not specifically for that reason. But companies can deduct business expenses, including the cost of moving a job to another state or even out of the country.
In dueling ads, the Obama and Romney campaigns claim the factual high ground on deficits and taxes while, ironically, distorting the facts.
An Obama ad uses a truncated quote that makes NBC’s Andrea Mitchell seem to contradict Romney’s statement that his tax plan doesn’t amount to a $5 trillion cut. In fact, she went on to say Romney “said again tonight that his plan would be paid for.”
A Romney ad claims Obama is “adding almost as much debt as all 43 previous presidents combined.”
On Connecticut Public Broadcasting, Managing Editor Lori Robertson talks about the off-base health care claims in President Obama’s and Mitt Romney’s stump speeches. Obama misleads on Romney’s Medicare plan, and Romney uses a false statistic about insurance premium increases.
For more on the candidates’ stump speeches, see “Romney’s Stump Speech” (Sept. 20) and “Obama’s Stump Speech” (Sept. 19).
Mitt Romney made numerous bogus claims in the Oct. 3 debate about the $90 billion in grants, guaranteed loans and tax breaks for energy projects in the stimulus bill:
Romney falsely claimed “about half” of the clean-energy companies that received U.S.-backed loans “have gone out of business.” But 26 companies received loan guarantees under a loan program cited by Romney, and three of those have filed for bankruptcy. The three firms were approved for about 6 percent of the loan guarantees.
FactCheck.org Director Brooks Jackson talks to WCBS radio about the false and misleading claims made by President Barack Obama and Mitt Romney in their first presidential debate. The candidates got the facts wrong on taxes, deficits, jobs and more.
For our full article on the debate claims, see “Dubious Denver Debate Declarations.”
We found exaggerations and false claims flying thick and fast during the first debate between President Obama and his Republican challenger, Mitt Romney. Obama accused Romney of proposing a $5 trillion tax cut. Not true. Romney proposes to offset his rate cuts …
Mitt Romney claims President Barack Obama caused a doubling of able-bodied persons on food stamps by taking “work out of the food stamps requirement.” That’s an exaggeration. All but four states had already received waivers from specific work requirements for some or all of their residents before Obama became president.
The total number of persons getting food stamps is up 46 percent since Obama took office, a big jump but far short of a doubling. Romney is referring only to single,
A Romney ad strains the facts when it suggests the Obama administration’s refusal to “stand up to China” and label it a currency manipulator has cost the U.S. 2 million jobs. The jobs figure is unrelated to currency manipulation. It is an International Trade Commission estimate of jobs that could be created if China enforced U.S. intellectual property rights.
Actually, intellectual property rights are a high priority of the Obama administration, and in 2010 it won what it called “significant intellectual property rights enforcement initiatives”
To the strains of Kid Rock’s “Born Free,” Mitt Romney took to the stage at a minor league baseball park in Nashua, N.H., on Sept. 7 flanked by his wife, Ann, and delivered a standard — albeit slightly longer — version of his stump speech. But unless you were at Holman Stadium that day …