FactCheck Posts Archives - Page 299 of 399

Spinning Romney’s Debt

June 13, 2012

An ad from the Obama campaign claims Massachusetts ranked No. 1 in state debt per person when Mitt Romney was governor. It’s true, but there’s less there than meets the eye. Massachusetts has historically been a high-debt state. Massachusetts has ranked either first or second in debt per capita in each of the past 11 years. It was second when Romney took office, not a far leap to first place. One could even argue that Romney slowed the growth rate of long-term debt compared with the four years before he took office.

Romney’s Jobs Record Is Best (or Worst)

June 8, 2012

A campaign ad that praises Mitt Romney’s performance as governor of Massachusetts presents a slanted view of his record on jobs, unemployment and taxes. To every claim, there is a “yes, but” qualifier.

The Romney ad claims that as governor, “Romney had the best jobs record in a decade.” Yes — Massachusetts added more net jobs during Romney’s four years in office than during the four-year period of either his predecessor or successor. But — that ignores the national recessions before and after Romney’s time in office.

Bachmann Mailer Misrepresents Jobs Report

June 7, 2012

In a mailer to her constituents, Michele Bachmann incorrectly claims a new trade agreement with South Korea – which she supported — will “create almost 1,000 jobs” in her Minnesota congressional district.
Bachmann misreads a report produced by the Business Roundtable, an association of CEOs. The report states that 1,001 jobs in Bachmann’s district already exist because of merchandise exports to South Korea. The association does not predict how many jobs the new pact will add,

Obama’s ‘Truth Team’ Wrong on GOP Donor

June 1, 2012

The Obama “Truth Team” blames GOP donor Thomas O’Malley’s refinery company for helping to “drive gas prices up this year by curtailing gas production.” But the facts are the exact opposite. The Energy Information Administration credits PBF Energy for preventing a price spike in the Northeast this year by opening a refinery in Delaware — partially offsetting the loss of production from two other Philadelphia-area refineries that have closed.
The “truth team” also claimed that one event —

Gillespie Twists the Facts on Bain Capital

May 29, 2012

A letter Bain Capital sent to its investors is now becoming a talking point for Mitt Romney surrogates. But once again the company letter, which boasts of Bain’s success, is being misrepresented — this time by Ed Gillespie, a senior adviser to the Romney campaign.

Gillespie claimed that “less than 5 percent” of Bain’s investments “ended up in bankruptcy.” But that’s what Bain claims occurred over its entire 28-year history. The Wall Street Journal reported that 22 percent of companies “Bain invested in while Mr.

Mandel’s Deceptive Defense Against Sen. Brown

May 29, 2012

The campaign of Republican Senate candidate Josh Mandel of Ohio is fighting back against “negative ads” from Democratic Sen. Sherrod Brown with one of its very own. But it’s one that makes several inaccurate claims:

The ad claims that Brown “gave huge bonuses to executives.” That’s not true. Brown actually voted to ban bonuses to top executives at companies that received bank bailout funds, but that prohibition was removed in House-Senate negotiations before the final stimulus bill became law.

Sununu Misfires on Bain ‘Jobs’ Claim

May 25, 2012

John H. Sununu, a top surrogate for Mitt Romney, wrongly claimed Bain Capital was “able to save jobs … about 80 percent of the time” at companies in which it had invested. Sununu was misreading or misrepresenting a Bain statement on revenues, not jobs.
Sununu, a former governor of New Hampshire and an early supporter of Romney, spoke to reporters May 22 on a conference call. When addressing Bain Capital, the private-equity investment firm founded by Romney,

Lemon-Picking Bain Capital, Obama-style

May 24, 2012

President Obama and a super PAC that supports him are stealing a page from Newt Gingrich and Ted Kennedy in running TV ads and web videos that slam Mitt Romney for his years at Bain Capital. And, like Gingrich and Kennedy before him, Obama is lemon-picking — that is, highlighting the venture capital firm’s failed businesses and ignoring its successful ones.
Both Obama and the super PAC Priorities USA Action spotlight two businesses — Ampad and GS Industries —

Soft Glove, Same GPS Fist

May 23, 2012

A new TV ad from Crossroads GPS features an actress playing a downcast mother of two jobless adult children. She says “things changed for the worse” after she supported Barack Obama for president. Her voice is soft, and so is the background music — but her situation is unlikely; her opinions are harsh; and her facts are one-sided and not always accurate.
This 60-second ad is the second in an announced $25 million campaign to soften up the president in key battleground states.

Congressman’s Slippery Cell Phone Claim

May 22, 2012

A congressman’s Web video goes too far when it portrays a program that subsidizes cell phone service for very low-income persons as a government giveaway that is costing taxpayers billions.
The video also misleadingly claims Arkansas Rep. Tim Griffin is “reforming” the program. His proposed legislation — the “Stop Taxpayer-Funded Cell Phones Act of 2011” — actually would eliminate the cell phone subsidy.
Griffin’s video focuses on Lifeline, a federally mandated program that reimburses phone companies with a monthly subsidy of $9.25 for each low-income customer who uses a landline or a cell phone.