Summary President Obama sometimes strayed from the facts or made dubious claims during his hour-long evening news conference March 24. He said his budget projections are based on economic assumptions that “are perfectly consistent with what Blue Chip forecasters out there are saying.” Not true. The average projection by leading private economists is now for substantially less economic growth than the administration’s forecast assumes. He said he is reducing “nondefense... Click to Read the Full Post
Q: Did AIG give $100,000 to Obama? A: AIG employees gave $104,332 to Obama during the 2008 campaign, the most to any candidate. They also gave heavily to McCain, who was third on their list. Click to Read the Full Post Read More →
Q: Did Congress bail out AIG because it insures members’ pensions? A: This widely e-mailed claim is a hoax. It actually was the Federal Reserve that bailed out AIG, not Congress. And federal pensions aren’t insured by AIG or any other company. Click to Read the Full Post Read More →
