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Tag Archives: deficit
Fun with Deficit Statistics
Q: Is it true that this year’s deficit is greater than the total taxable income of Americans earning more than $100,000? A: No, it’s not true. The statistic comes from a Wall Street Journal editorial, which has been corrected.
Posted in Ask FactCheck
Tagged deficit, sunday talk shows, taxes, Tom Coburn, wall street journal
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Stockman’s Fiery Rhetoric
David Stockman claims that discretionary spending is "out of control." But it’s up just 1.6 percent this year. The former Reagan administration budget director caught our attention with an incendiary quote to The Fiscal Times news site, where he urged fellow Republicans to shut down the government if necessary to …
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Posted in The FactCheck Wire
Tagged budget, David Stockman, deficit, discretionary spending, tax cut, tax increase
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Our Angry Readers
We’d like to respond to readers who disliked our article on Social Security’s red ink. We’ve received dozens of complaints and criticisms, expressing disappointment and sometimes outright anger at our finding that Social Security is in fact contributing to the federal deficit, and that some Democrats are making a false …
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A ‘Budget-Busting’ Law?
The nonpartisan Congressional Budget Office states that repealing the health care law would worsen the federal deficit over the next 10 years — by $230 billion. So how does …
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Posted in Articles
Tagged Budget Committee, budget-busting, deficit, health care law, health care reform
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Pelosi Pablum on ‘Fiscal Discipline’
In a Nov. 9 opinion piece for USA Today, House Speaker Nancy Pelosi presented a lengthy list of Democratic accomplishments since assuming control of the House and Senate in January 2007 — including "restoring fiscal discipline to the Congress." That one stopped us. The fact is the federal government ended fiscal …
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Sunday Replay
Pity the poor politicians and spinmeisters who had to don suits in the middle of a long weekend and populate the talk shows. They were up to their usual tricks, though: One Republican operative wrongly implied a crime by the White House; several guests talked about the debt or deficit …
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Posted in The FactCheck Wire
Tagged Debbie Wasserman Schultz, debt, deficit, Ed Gillespie, foreclosures, Mark Kirk, sunday talk shows
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Sunday Replay
Sunday morning’s talkathons featured a few misstatements in a debate between Kentucky’s Senate contenders, and some confusion about debts and deficits. Kentucky Senate Candidates Debate "Fox News Sunday" hosted a debate between Kentucky Senate candidate Rand Paul, a Republican, and his Democratic opponent, Jack Conway. Paul’s statements about the …
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Posted in The FactCheck Wire
Tagged debt, deficit, Jack Conway, Rand Paul, sunday talk shows
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Bush Years Revisited in Ohio Senate Race
In the Ohio Senate race, Democrat Lee Fisher’s first TV ad of the fall campaign misrepresents Republican Rob Portman’s years in the Bush administration: The ad is wrong when it says Portman, as President George W. Bush’s "trade czar," was responsible for "sending 100,000 Ohio jobs overseas." The 100,000 lost jobs …
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