A Project of The Annenberg Public Policy Center

Huntsman’s $1 Trillion Mistake

Jon Huntsman was off by $1 trillion or more when he claimed that Social Security, Medicare and interest payments would consume "every dollar of federal revenue" within 10 years. A spokesman says Huntsman meant to include Medicaid in that list, but even that wouldn't make the claim accurate.
In his June 21 speech announcing that he is running for the Republican presidential nomination, the former ambassador said:

Huntsman, June 21: We must make hard decisions that are necessary to avert disaster.