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Viral Spiral
FactCheck Mailbag
FactCheck Mailbag, Week of March 19-25.
See letters from previous weeks“ Criticizing the Democrats for citing the only available study on gun purchases for its age seems wide of the target. ” -
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2012 Players Guide
Tag Archives: debt
Spinning Obama’s Budget
Both parties are putting political spin on the deficit reduction contained in President Obama’s $3.78 trillion budget plan. Obama said his budget would cut deficits by “nearly another $2 trillion” over 10 years. Two prominent Republicans said it would only reduce deficits by about $600 billion. The question is: compared …
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Ted’s Twisted History
In Sen. Ted Cruz’s twisted vision of economic history, Ronald Reagan cured double-digit unemployment by cutting spending and reducing the federal debt, and Jimmy Carter was guilty of “out-of-control regulation.” In the real world: Total federal spending soared during Reagan’s deficit-plagued first term, and the national debt nearly doubled. His …
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Charting Ryan’s Debt Exaggeration
Rep. Paul Ryan exaggerates future growth of the federal debt in a chart contained in his newly released budget plan. The chart relies on Congressional Budget Office projections from last year that do not account for actions taken since then to reduce federal deficits by nearly $2 trillion over 10 …
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Paying People to Play Video Games
House Speaker John Boehner tweets that the Obama administration is spending $1.2 million “paying people to play video games.” That’s misleading. The government did pay $1.2 million for university research that includes the study of how video games can stimulate the cognitive abilities of seniors. A fraction of that cost …
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Posted in The FactCheck Wire
Tagged debt, Eric Cantor, federal deficit, John Boehner, video games
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McConnell Fudges Fiscal Facts, Too
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 …
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Posted in The FactCheck Wire
Tagged debt, federal spending, Fiscal Cliff, Mitch McConnell, taxes
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Facing Facts on Fiscal Cliff
The U.S. faces the possibility of another recession — the third in 11 years — if President Obama and Congress cannot find a way to avoid the so-called fiscal cliff. The one-two combination of massive tax increases and spending cuts …
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Durbin (Again) Denies Social Security’s Red Ink
Sen. Richard Durbin says that “Social Security does not add one penny to our debt.” That’s false. It was wrong 21 months ago, when Durbin said it once before, and it’s even more off the mark now. The federal government for the first time in its history had to borrow …
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